OTC Scan for 11/17/2016

by | Nov 16, 2016

Man, I feel like today was a total roller coaster in the first hour of the most insane (non OTC) trading I have ever seen. Got squeezed out some DCIX and then saved after feeling like 25 was the top and adding it back on, then wham 18’s in a heartbeat. Anyways Some pretty unreal moves today and hopefully no one got busted out…I have done it before and its ok to do it on a small account but thats sometimes how you learn the hard way.

Anyways, should be another action packed market tomorrow and let’s see what we got.

FNMA – Main focus tomorrow, took quite a bit overnight, maybe more than I should but loved the close. Hoping for a gap and go retest of 3.10 and all day grind…Full risk is on 2.80

FMCC – Same plan here, just lil different prices,feel like it was lagging a little bit into the close, so maybe more of a gap here.

PSID – WOW What a move and what a miss on the Zika PR. Would love a gap and wash to .01 to see if it can do a 3 day style move.

BBEPQ – Fake breakout at .30 today which was annoying…decent close risk still on .25s

LNCOQ – Getting a lil closer to that .10 breakout…risk still same.

BTUUQ – Still looking for the $15 breakout…. Just feel like it will have a secondary squeeze at some point

BTGI – Impressive on watch last night for this subber…3rd day move so maybe a para 4th and .01 test.

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