OddStockTrader Scan 7/12/2023

by | Jul 11, 2023

Well, back from the WSOP and it was quite the adventure. Had a great time and that is what I wanted to get from it regardless of how the cards fell. I’ve wanted to do that for decades and finally checked it off my list of things to do! I am fully back and ready to trade the markets 100% for the next three months! If you are not a member of IU then feel free to take advantage of this promo offer we are still running and get with us!

https://investorsunderground.com/s/CAidK

Here is the list of names I am watching tomorrow.

HOOD – Just have this one top of list because of the recent call activity on it. Ideally we get same morning action with fade and ramp right back tomororow. I like buying time on the calls here as the 13.75 breakout area is a major one coming up.

PLUG – Lots of calls hitting here today as well. Just joining that action. Chart seems to be acting well too.

BLNK – Added this one this evening to just have price alerts on. I think with EV charging and cars getting more and more prominent it’s time to monitor this one as well.

RKT – Big steady move here today. Ideally morning pull sub 9.8s collect and push higher into 10.50s

CVNA – Trading reactively but the squeeze is fully on and I don’t think it’s over just yet.

EXPI – AR/VR real estate play. I like this one going forward for a few years. Eventually rates will drop and with the new Apple headset, it’s possible this one is extremely undervalued going forward here.

MNMD – Into the gap after 10 months of sideways. Could get explosive and if it does, I will look to shotgun buy the entire sector cheapie names.

CMPS – Same sector as above.

SDC – Big move today and have some for a swing trade. Like the possible squeeze move this could have. Lot of the MEME names are bidding up too.

RKLB – Saw a bunch of call options hit this name for $7 and $8 end of the month. The hit right after the Blue Origin rocket exploded, so, seems like there might be something there.

 

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