OddStockTrader Scan 12/27/2023

by | Dec 26, 2023

Quite a bit of action today and so many steady bid trade out there. It is def THAT time of the year when things can just keep going farther than you expect. Shorts might cover big positions before the new years. People selling for tax losses. It’s my favorite time to trade every year. Big list tonight.

FNMA – Just a killer swing off that early .73 chart breakout. That is why I set a ton, because you never know what will come. Have a good swing on it overnight and I think $1.40s can be the peak out tomorrow. (100% move then some retrace)

FMCC – Same idea as FNMA but likely $1.23 area.

BETS – Finally got legs today and they did need .01 for some reason (I had to look) however it ran for one day, gapped up big (which it appears to be doing) I don’t think I would risk swinging overnight tomorrow.

MSOS – Weed all worth a watch so just adding MSOS. Had a strong move today and a nice fakeout into the close.

BLNK – Nice short interest that I mentioned last week. Can get some big legs if we break that $4.50 level. Watch all the other EV chargers if that happens.

MGAM – Strange action last few days, even so that I decided to take a swing on it. Will just trade it based on the action.

PLBY – Have a swing. Acted well today.

MARA RIOT – Could go either way but it was easy to borrow all today today so I think they fry em all tomorrow. It didnt even get weak with COIN. Same plan for RIOT

HMLA – Took this cheapie on the PR it had today. Getting into crypto but if you read the entire pr it’s quite interesting with having a possible conversion to crypto with FOMC and NSAV as well.

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