Let’s talk about $SKYQ—because this one was something else.

Now, if you pulled up the daily chart, you probably had the same reaction I did at first: “This thing has already moved… how much more can it have?” And then today—boom—another massive bar. The kind that makes you think, okay, this HAS to be it. To Subscribe: https://go.trade-ideas.com/SHQ
Use Promo Code BARRIE15 for 15% off

But here’s the lesson: strong stocks don’t care what you think is “too far.”

I flipped over to the 5-minute chart, and what really stood out was this—while the SPY was dropping and chopping all over the place, $SKYQ just kept grinding higher. That’s what we call true relative strength. That’s where the money is.

Now yes, we did get a sharp pullback—some pretty aggressive profit taking—but here’s the key: it held the top of the TI Wave. That tells me buyers are still there. They’re not done.

And when I looked left on the higher timeframe? There’s room. Around that $15 area on the weekly, that’s your next real reference point. So don’t automatically assume it’s over just because it’s extended.

A lot of traders in the room caught this one, and that’s what I love to see—recognizing strength, trusting the setup, and executing.

So what made this trade great?

Simple:

• It ignored a weak market
• It showed clean, steady upside
• And it respected key levels even after profit taking

That’s the kind of stock you want on your screen.

Have a great weekend everyone, and we’ll do it again on Monday.