I love when a clean story writes itself on the tape. Today MLYS did exactly that. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE28 for 28% off an Annual Premium Subscription

The Setup
We had a simple, powerful context: MLYS pushing into all-time highs with trend confirmation. When a name is in price discovery, overhead supply is minimal, and the path of least resistance often remains up—as long as momentum tools and price structure agree.

The Alert
Our AI (RAI) flagged MLYS at $24.52. Before the stock even took its first meaningful breather, it sprinted to $28.56—a $4+ move straight out of the alert. Later, the push extended to about $30.23, reinforcing that this wasn’t just noise—it was trend with teeth.

The Confirmation
The GoNoGo “wave” stayed blue through the heart of the move, which is my green light to stick with strength. When momentum stays constructive while price explores new highs, I’m inclined to scale, not bail.

How I’d Trade It (Playbook)

• Trigger: AI alert through the level at $24.52.
• First Scale: Into the initial burst as we press the ATH zone—take something, pay yourself, and stay nimble.
• Ride the Wave: As long as the GoNoGo trend remains blue and pullbacks are shallow, I look to recycle shares—trim into strength, rebuy on orderly dips.
• Risk: Keep it tight. If the breakout level fails decisively or the trend color deteriorates, reduce. Price discovery cuts both ways.

Key Levels to Remember

• $24.52 — AI trigger / breakout start
• $28.56 — first thrust peak before any pullback
• $30.23 — subsequent high print during the trend

Why This Worked

• Fresh highs remove nearby supply.
• AI timing gets us in as momentum ignites.
• Trend confirmation (blue GoNoGo) keeps us honest and riding the right side of the move.

Takeaway
The best trades are often the simplest: let the AI narrow your focus, let price confirm at a decisive level, and let trend carry you. Scale with intention, manage risk without ego, and don’t overcomplicate an all-time-high breakout when momentum is doing the heavy lifting.