Hey traders! Barrie Einarson here from Trade Ideas with another edition of What Makes This Trade Great? — and today we’re talking CMPS. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE22 for 22% off

Let’s be real — this is a challenging market right now. I mean, look at the action: we saw a sell-off right from the 9:30 open, then out of nowhere some news hit and the market absolutely ripped higher. That’s just the environment we’re navigating right now, and finding clean trending setups hasn’t been easy.

Now, I’m not going to sit here and tell you CMPS was a textbook trend-on-trend play — but here’s what happened. Our AI fired an alert at $7.98, and before any significant pullback, this thing ran all the way up to $8.82. That’s a solid move in anyone’s book.

Did it pull back? Yes. Did it hit the stop? It did. But here’s where it gets interesting — it came back to about halfway between the stop and the original entry, and our AI triggered another alert right there. That’s the beauty of the system: if you missed the first entry, you got a second chance right at that level, and it pushed higher again from there.

Right now it’s pulling back a bit — maybe it holds the VWAP, maybe it pushes to new highs later in the session. We’ll see how it plays out!

Stay disciplined, trust the alerts, and keep watching those levels. 📈

— Barrie Einarson | Trade Ideas