Posted by Barrie Einarson at 8:59 AM

Alright, traders, let’s dive into today’s mover, AESOA, #Trading, #TechnicalAnalysis, #StockMarket.

This one came through at $18.26, made a strong run to $19.71, pulled back slightly, then pushed up to $19.84, #GoNoGoCharts, #Momentum. This kind of strength, especially at all-time highs, is exactly why I love these setups, #TradeIdeas, #NoResistance.

Now, I know what you’re thinking, “Why trade a stock at all-time highs, Barrie?” Well, here’s the thing—when a stock is in uncharted territory, there’s no overhead resistance, no levels to stall it, nothing to stop the momentum, #Breakouts, #AllTimeHighs.

Why This Trade Worked

AESOA had more than just technicals going for it—it looks like news might’ve been the catalyst, #EarningsPlay, #MarketNews. I didn’t get the full details during the trade, but earnings announcements often fuel moves like this. Strong news, combined with a clean breakout, is a winning formula, #StockCatalysts, #MomentumTrading.

Lessons from AESOA

• All-Time Highs Are Your Friend, #NoResistance: With nothing above the stock, it can keep climbing.
• Volume and Strength Are Key, #StrongDay, #VolumeBreakouts: Look for confirmation from the tape or the GoNoGo indicators.
• Catalysts Can Boost Momentum, #EarningsSeason: Keep an eye out for news-driven plays—they often lead to explosive moves.

The Bottom Line

AESOA gave us a textbook example of why all-time highs are worth trading, #TechnicalBreakout, #StockTrader. Whether you’re day trading or holding for a swing, these opportunities are golden. Keep your watchlists tight, your entries sharp, and your eyes on the prize