What Makes This Trade Great: UPLD and the Cloud Wave
What Makes This Trade Great: UPLD and the Cloud Wave
Aug 20, 2025
Hello traders, Barrie Einarson here with today’s edition of What Makes This Trade Great.
Today I want to talk about UPLD and how it set up beautifully for a strong run using the cloud wave. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE15 for 15% off an Annual Premium Subscription
I entered the trade right around the $3.10 mark, and many in the trading room got in as well. From there, UPLD started to climb. I scaled out some profit along the way but continued to ride the wave as long as the momentum held.
The key turning point came at $3.61. On the 2-minute chart, the GoNoGo indicator shifted from blue to orange—an early warning sign that the move was losing steam. Even though the 5-minute chart hadn’t changed yet, that shorter timeframe gave me the signal to start locking in gains.
UPLD had gone parabolic, and as we know, parabolic runs don’t last forever. Once the wave broke, the stock dropped sharply. Traders who acted on that 2-minute signal were able to protect their profits before the reversal hit.
Takeaways
- Enter with strength: The $3.10 entry gave us a solid base.
- Take profits on the way up: Don’t wait for the peak.
- Watch multiple timeframes: The 2-minute chart gave the earliest clue.
- Respect parabolics: Fast runs almost always snap back.
That’s what made this UPLD trade great—a textbook move using the cloud wave to manage entry, scaling, and exit.
See you tomorrow with another breakdown.