September 9, 2026

Mike Shorr Trades the GLXY Breakout

Mike Shorr stopped by Business First AM with a crypto play, Galaxy Digital (GLXY), calling it a make or break setup tied to a specific breakout level. He walks through where he wants to see the stock trade, his upside targets, and where he’d cut loose.

Mike covers:

  • The exact level he needs GLXY to clear before he’s interested in the breakout
  • His two upside targets if the breakout plays out
  • What’s fueling the move in crypto names right now
  • The exact level where he’d cut the trade if it doesn’t work
  • Why he’s calling this a make or break setup

Want to work with Mike? Get qualified in less than 2 minutes

about the author:

Mike Shorr

Since 1994, Michael has been an on-the-floor market maker, Vice-President of Interest Rate Derivatives for Knight Financial Products and Director of Education and Options Instructor at Trading Advantage. He makes the oftentimes complex world of options and trading accessible to the novice and advanced trader alike. Michael has a Bachelor of Science degree in Statistics and Finance from the University of Illinois Champaign-Urbana. He presently is Director, Trader Education at ProsperTradingAcademy.

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