OddStockTrader Scan 5/8/2020

by | May 7, 2020

What an amazing day really. Super early on all the bitcoin names from last week and swings. Either way that I ALL I will be focusing on tomorrow and the list tonight will be reflecting that. Most of these are OTC stocks so be aware of that. Either way the charts are all setup extremely well. If we open tomorrow with Bitcoin anywhere near $10k or over $10k I expect some decent gaps in many names. These theme trades don’t come around often and I decided to be early and sized up. Anyways, here is my list.

MARA – Still swinging and long from Tuesday. Bitcoin lead the way and told the story here. Currently gapping at .80 and I think we will see $1 by the open. Possible gap and rip but depends on where Bitcoin is in the am (all of these will)

CAN – Killer swing so far but the REAL volume has yet to show up. Over $6.50 and this can get squeezy. If you recall the $8 candle day it was all day straight up with no dips, so I would expect similar action tomorrow.

RIOT – Earnings I think in the am but it might not matter at all. Will still be front and center for me. 1.75 or higher open and this gets $2.30s pretty easy.

MGTI – Cheapie but when it goes it is a thin mover. Still have a swing and may add if that .033 breaks with good volume. .04 is the big daily level to look for though.

BTCS – Big swing here so far as well. Had some trouble on the high of the day but I think we see gap up and parabolic near .50 tomorrow

BTSC – The big level for me is .035s tomorrow. Will add on a breakout and retest of it.

HVBTF – Canadian Bitcoin miner. Nice daily chart and .33-35 is the big level here.

SHMP – Not crypto but possible news coming hence the big move today. Was a nice alert by a member in the room and then it ripped 80% in 6 mins so that was sweet. .065 need to reclaim for a move to the upside.

RAFA – Just a huge daily chart setup and possible breakout tomorrow.

BBLC –  No volume but found that it had the magic Blockchain word in the name. Watch with price alerts.

5 Comments

  1. Thanks Cody!

    Reply
    • You have helped me made some bucks lately.. thank you for your spot on analysis… keep doing the great scans and please keep sharing….

      Reply
  2. Thanks

    Reply
  3. Thanks

    Reply
  4. Thanks!!

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *