What Made This Trade Great: OMI’s Alpha Move

What Made This Trade Great: OMI’s Alpha Move

Feb 3, 2025

By Barrie Einarson

What’s up, traders? Barrie Einarson here with today’s breakdown of What Made This Trade Great—and today, we’re talking about OMI. This one was all about that alpha stock behavior we love to see. Let’s get into it. To Subscribe: https://go.trade-ideas.com/SHQ
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🔎 The Setup: 10-Day Daily Breakdown
This trade came straight from the 10-day daily breakdown scanner. The alert hit at $10.93, and while this wasn’t officially an earnings play, OMI had already pre-preleased its numbers. Earnings aren’t due until February 19th, but the early news was enough to shake things up.

📉 The Market vs. The Stock
Here’s what really made OMI a standout trade—the market had a strong bounce, but OMI? Didn’t care. It just kept trending down, down, down. This is the definition of an alpha stock—it moves independently of the broader market, giving us a clean, trend-following opportunity.

💡 Why This Trade Worked
Clear breakdown off the 10-day level
Earnings catalyst keeping the momentum alive
Alpha stock behavior—ignoring market noise and continuing its trend

🎯 These are the kinds of setups I always look for—stocks that move with conviction, regardless of market sentiment. When the market zigs, the best trades zag.

🚀 That’s it for today’s trade breakdown. If you want to catch more setups like this in real-time, see you in the trading room tomorrow!