OddStockTrader Scan 12/19/2023

by | Dec 18, 2023

Fought around with TSLA too much today and with the wrong bias. Market was strong all day and it just stayed weak. It happens so just move on. Still some great setups out there. Let’s get to them

AMZN – Nice winner here and the calls more than 3x from Friday. It’s a big name so likely morning push and then retest breakout next few days. Would love to see $151s retest this week.

NVDA – So close to breaking highs. Rejected at the close and floating lower after hours. Won’t take my eyes off it though as once it does break it likey to get wild. I have some of the next week $550 calls.

RBLX – Still like this chart with the Christmas idea. Would like to have a washout day this week to get some more calls for cheaper though.

MARA – Finally moving with bitcoin after not doing it all year long. Weird how it does that. One thing to note is the cost of transactions on Bitcoin is at an all time high (double check me on this one) So they stand to benefit there.

RIOT – Joined some calls later in the day. Ideally continued swing regardless of market. Crypto needs to stay strong of course.

BKKT – I for whatever reason think during this cycle this name might actually be cheap down here. Custody will be a big thing with Bitcoin someday. Have some call swings for later dates.

GMBL – Spec penny with a ton of dilution but it hasn’t broken down yet. I wont exhaust myself trying to nail it but wait for it show us if it wants to go.

 

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