What Makes This Trade Great? – BBAI Moves on Defense News
What Makes This Trade Great? – BBAI Moves on Defense News
Feb 5, 2025
Alright, traders, let’s talk about BBAI today. Saw this one lighting up in the pre-market with strong momentum. There was some news related to the U.S. Department of Defense, and while I didn’t know exactly how it would react, it quickly became a name to watch.
This was all over my Trade Ideas scanners, ranking #2 on the Momentum Scanner and showing up in the Relative Strength Leaders. When you see a stock popping up across multiple scanners, that’s a strong signal.
The key here? GoNoGo Charts. BBAI stayed in a powder blue trend, meaning it was strong enough to hold. A few small dips, but overall, it was an orderly move up. That’s the kind of trend traders love—clean, controlled, and tradable.
As I was wrapping up, BBAI was still making new highs. That’s why I had to jump back into the trading room—this one was still in play.
Another solid trade, another strong setup. Let’s see what tomorrow brings