OddStockTrader Scan 12/29/2023

by | Dec 28, 2023

Got chopped up all day long with again trading MARA and COIN. Not going to take them off radar though. However will just wait for extended moves in either direction. Watches dropped off a bit but here is what I have.

COIN – It is now trading hyper focused on bitcoins moves. However it was actually stronger that bitcoin was nearly all day. Plan is to watch bitcoin and trade this. With that said I don’t forsee any random BTC washouts before the expected ETF news. So, do with that what you will.

MARA – Same plan as above but is likely to be weaker than COIN overall. There were some $40 calls on this for next year so don’t get too biased.

SIDU – Held this for a few days and sold yesterday after a rough day. Pained me to watch this move all day. Probably a gap down and fade. It didnt make the move I thought after hours either.

ASTR – If SIDU does stay strong will watch the other names in the sector. This one trended well all day.

PL – Watching with above.

BETR – Mortgage name finally breaking its range.

NEGG – Nice daily setup and a meme name.

VFS – Former runner and beat chart. Obv china stuff but can start to quickly act like CVNA did at this time last year.

 

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