OddStockTrader Scan 5/17/2019

by | May 16, 2019

Mind was on other things today for the most part. Nothing to discuss here but this is what I am looking at tomorrow.

GRWG – Looking to scoop and decent washes for the swing on this name and the likely $4 breakout play.

HIPH – Old name starting to curl up on the daily here. Want to see steady bid tomorrow for potential ramp up into .04 area or more.

AHGIF – Pump via NIA has been holding up pretty well so far. The failed to hold .50 today which was a big neg in my mind but going to keep it on screen in case more ramps and more emails.

POTN – Took a spec starter swing on this one today. Nothing major but using .10 as the risk area. Smaller names are doing ok and ACB has had a few decent days after earnings sector wise.

UBER – I think this is full on trap city. I expect this to explode over $45 and go to $60 area, maybe not tomorrow but using $40 as the full risk if I decide to add to swing.

LYFT – If Uber goes it will drag this one to $60+ as well.

OSTK – $9 washout for scoops.

2 Comments

  1. Hi! I’m new, and ‘scoop’ isn’t in the glossary. For OSTK, are you saying that if it holds under $9 you’ll start shorting into pops? Also enjoyed your perspective on UBER/LYFT – thanks for the post!

    Reply
  2. Hi _Waynne_
    A scoop is the opposite. On a decent red candle(s) or price action flushes but the trend is still intact you will scale into the position.

    Reply

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