OddStockTrader Scan 1/21/2020

by | Jan 20, 2020

Been a crazy crazy last two months for me. Everything seems to be going great and hope it continues (reading the Matrix well right now). So many opportunities out there right now it’s really wild. I trade what I see and have more positions right now than in probably 12 months. This worries me but I know when to cut loose so just be focused and take the trades you see. Here is what I am focused on tomorrow.

AMD – Might finally get my $52 price target touch. Big $50 breakout friday along with it holding highs. I am actually inclined to take some puts on any red day this coming week as well.

QCOM – Big candle and possibile $100 touch this week I think. It hasn’t seen these levels in 20+ years so it’s worth watching how it reacts to that level.

PTON – $32 as I stated weeks ago is the big level with a ton of shorts after the two reports out on it. If this clears $32.50s and $33 calls will be my trade of choice.

FCEL – $2.50 is a huge trigger price. Chart may need to cool off but action will be the tell-tale sign if it wants to hold and ramp into $3’s

CRON – Like that $8.75 breakout and hold for possible $10 touch this week. Shorts are likely gettin antsy up here as well.

CGC – Ideally $25 breakout base and ramp. This week will be telling for the whole pot sector if we set a nice bottom or not.

KSHB – $2 breakout for join and 1.80s risk

CVSI – Finally got a lil momo into the close and thinking we can gap and run if CGC CRON continue higher.

NUGS – Looking for that .10 breakout this week.

ECIG – Biggest vol day in years. Worth an eye and can have some nice follow through. Risk .04s

1 Comment

  1. Interested to see what the pot sector does. Thanks

    Reply

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