OddStockTrader Scan 5/21/2020

by | May 20, 2020

Wild wild day. Felt like it was 1pm at 10am today. So many trades out there to take advantage of right now. Even if some are smaller size, back-burner swing trades. Either way, nice work in the room today with Nate on Dad Duty. I know it can seem slow when he isn’t somehow posting a mile a minute (respect) but once the market warms up after 20 minutes I tend to look and find some of the most interesting things. Nice work on LEDS today as well. Here is the list for tomorrow.

LEDS  – Volume hard to ignore here, kept a small amount overnight. Could be a one and done day but there is for sure something to be said for it being in the UV sector right now.

ACB – Thinking this one should be interesting but depends on where it opens. I do think shorts are probably quite comfy so a return to highs isn’t out of the question. Likely a long for me first 10 mins on a washout, will respect the selling action if it’s there though.

TLRY – That $10 is a sore thumb to me and it can get back near $20 fast if it does break it. Will trade based on ACB action.

CGC – Same as above but $18 area.

CRON – Same as above but $6.5 area.

RIOT – Had a big buyer this am out the gate but couldn’t break the highs. Bitcoin got smacked mid day on a 50 BTC move from a 2009 wallet. So if Bitcoin can’t gear back to highs or loses this $9000 this can fade back hard. Still bullish overall the sector though.

MARA – Got some sells mid day but added them back as well so plan is still that .75 stop for me. They have been putting out + PR’s as well but just hope no shenanigans on filing area.

FNMA – Watching that $2 breakout. Saw this one last week and just forgot about it. However, $2 breakout and hold for possible 2.25 test.

AVGR – Just an eye, triggered price alert, Kept a few overnight as this one just has the volume in this area that I care about.

JCPNQ – Nice trades today on this one. Currently keeping swing and likely add if we dip to .16 and hold it. Keep in mind, this is a Q stock and ANYTHING CAN HAPPEN AT ANY TIME. Please if your trading these be aware of that at all times. It may be best to not swing it and retrade it at the open next mornings. Fair warning.

SSINQ – Likely to see a ramp if JCPNQ goes nutty. This has already shown it can double in a day. 50% risk area for me.

AAWC – That .05 had some big sellers in there today but if it can clear them it should be interesting. If you want to know why this name matters, take a look at DCGD. Same guy that essentially ran it from .0025 to $2 is now “affiliated” with this one. Haven’t looked too deeply into all the info though.

6 Comments

  1. Thanks Cody!

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  2. Thanks

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  3. Thanks Cody. Great job leading the last couple days! Webinar was great too!

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  4. Thanks Cody.

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  5. Thanks Cody

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  6. Thanks Cody

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