Good question & as the response is somewhat detailed as there are a lot of moving parts to the trade ideas shared here, I would like to put together a video or at least compose a more detailed written response to that & your other question below. Until then, basically the answer to your question above was explained in that first video (and I believe the subsequent video) covering those 37 stocks that stood out as compelling trade ideas in the Speciality & Generic Drug Manufacturer’s video.
As I covered each stock in the video, I tried to make a point as to whether the stock was offering an objective long entry at that time & if not, at what levels and/or technical developments (e.g.- a breakout above one or more resistance levels, downtrend lines, or a pullback to a support level, etc.) would offer an objective long entry. i.e.- the former being an actionable trade idea at that time with the latter being what are referred to as trade setups which are only potential trade ideas pending an objective entry.
Here’s a link to some of the posts, including videos, on the trade ideas in that sector: https://rightsideofthechart.com/tag/coll/
Again, I’ll try to follow up with some tips & clarification on how best to utilize the official & unofficial trade ideas, including setups vs. active or actionable trades.