What Makes This Trade Great: CRVO’s Strong Move

What Makes This Trade Great: CRVO’s Strong Move

Mar 17, 2025

Hello traders! Barrie from Trade Ideas here with today’s edition of What Makes This Trade Great. We had an exciting opportunity in the trading room today, and I want to break it down for you.

CRVO’s Explosive Move

CRVO triggered an alert at $7.88 for a long entry, and before pulling back, it made a powerful move all the way up to $8.91—a tremendous percentage gain in a short period.

This kind of setup is what makes trading exciting. When an AI-generated alert aligns with strong price action, it can create amazing opportunities.

The VWAP Strategy for Re-Entry

After its initial push, CRVO pulled back and found support around the VWAP (that red line on the chart). If you missed the first move, there was another great entry opportunity around $8.35 when the stock broke back above VWAP. From there, it climbed again to $9.20 before pulling back.

This is a perfect example of why I always tell traders to keep an eye on strong stocks throughout the day. They can present multiple setups at different times, especially when they hold key levels like VWAP.

A Potential Late-Day Setup?

As the session continued, CRVO looked like it was trying to hold VWAP once again. Could it set up for another move later in the day? That’s why staying engaged and watching these levels can be so valuable.

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