What Makes This Trade Great: KDLY and XLO in Focus
What Makes This Trade Great: KDLY and XLO in Focus
Feb 12, 2025
Hey everyone, Barrie Einarson here with today’s What Makes This Trade Great. A couple of big movers caught my eye today—KDLY and XLO—so let’s break them down. To Subscribe: https://go.trade-ideas.com/SHQ
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KDLY: Pre-Market Momentum
KDLY, probably not a name most traders were watching, but we saw it in the pre-market, and wow—what a run. These are the types of setups that can present great opportunities if you’re dialed in early.
Relative Strength Leaders: Keep It Simple
One of the easiest ways to stay ahead? Watch the relative strength leaders from the close. I track the top six—and yes, they can change throughout the day. UPST is in the mix today, but if something stronger shows up, it’ll take its place. The top two, though? Those will likely be front and center all day.
XLO: Big News, Big Move
Now, XLO—this one’s interesting. AbbVie just invested $58 million into the company, which is a huge catalyst. Naturally, a lot of traders, myself included, are watching this closely. Many jumped in early, and we’ll see how it plays out.
Key Takeaways
- Pre-market scanning gives you an edge on early movers like KDLY.
- Relative strength leaders help simplify your watchlist.
- Big investments = big opportunities—XLO is proof of that.
That’s it for today. Let’s see what tomorrow brings!