OTC Scan 10/27/16

by | Oct 27, 2016

Had a fun birthday today, and just a good day all in all. Made some questionable TSLA a/h shorts but pushed me green for the day. Other then that I was mostly a watch morning for me selling some things to get me away from the computer. I did scoop some CBIS per my idea but REALLY botched CNAB shorts today, had decent .35s avg and just took it off at .88s because I wanted to leave…oh well. On to the scan.

I will be sleeping in for sure tomorrow, felt like I haven’t allowed myself a sleep till I wake up day since Vegas, so good luck in the A.M. guys. Tomorrow will be a “look for swing entries day”

CBIS – Took some early today on this, gut says lower mid .04s, any more red days on daily will make this kind of ugly though…so trade accordingly

CNAB – ughh what a big miss today, just impatient… thinking some morning panic for bounce trade then late day watch for abcd style.

LNCOQ – Looking for a scoop on this, maybe early but still thinking one bounce left on this..its still a total turd in my eyes tho vs. some of the other Q’s

BBEPQ – Nice pop today here, .40s are now the monster to tackle, so possibly get scoops into the mid .30s area. I STILL feel like this is one of those AAMRQ types…I notice a lot in longer turn massive upwards moves that if that 1st ugly turn (what we have here) bases and then starts to gear, and eventually break .40s can have that happen. OBVIOUSLY big Q risk…but just find AAMRQ history to give you an idea.

CBDS – Looking for entry to swing here, needs a least a well defined bottom and breakout of a lower consolidation area before I would be able to give a defined risk to start into it however. Not a scoop just to scoop on downtrend by any means.

SUNEQ – Right out the gate watch here, loved the slight downtrend all day. This is a full risk on .18’s style trade for me into a likely swing.

 

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