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Alright folks, man, do we have a runner today. CPHI — and this one came out of what I call my daily reversal scan. Let me explain how this works, because the scan is half the story here. To Subscribe to Trade Ideas: https://go.trade-ideas.com/SHQ
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The daily reversal scan is simple in concept. I’m looking for stocks that were down at least 5% yesterday. That’s it. The idea is to find names that got beaten up and are set up to bounce back. Yesterday CPHI was down at least 5%. Today? It’s running.

The alert came in at 1.22. Now here’s where I want to be honest with you — I took the trade, made some money, and thought that was it for the day. Big pullback, I figured the move was done.

I was wrong.

It accelerated right from there. So then I thought — OK, surely that’s it now. Another tremendous move proved me wrong again.

That’s the lesson here:

• Don’t assume the move is over just because it pulled back
• Let the stock show you when it’s done — don’t decide for it
• The daily reversal scan found this setup before anyone else was talking about it

This is exactly what Trade Ideas is built to do. Find the stocks with real momentum before they make their biggest moves, and give you every opportunity to stay in the trade. CPHI kept going when most traders would have walked away.

That’s what makes this trade great today. Daily reversal scan, multiple waves of momentum, and a reminder to never count a runner out too soon.

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This content is for educational and informational purposes only and does not constitute financial advice. All trading involves risk.