Buy Stop Order

buy order marked to be held until the market price rises to the stop price, then to be entered as a market order to buy at the best available price. Sometimes called a suspended market order, because it remains suspended until a market transaction elects, activates, or triggers the stop. Such an order is not permitted in the over-the-counter market.
See also stop order.

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An order to buy a security which is entered at a price above the current offering price. It is triggered when the market price touches or goes through the buy stop price.

Investopedia Says:
People using a buy stop hope to gain if momentum gains on a particular stock. If the price exceeds the price you have set, it will automatically trigger a market order.

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