OddStockTrader Scan 9/9/2019

by | Sep 8, 2019

Hope everyone enjoyed the opening of NFL this weekend and is really to go tomorrow. Ideally we get some nice moves tomorrow. Here is what I am watching.

LYFT – Any ramps going to look to take short/puts on this one. These names are STILL overvalued and market hates them, with good reason. Thinking 40 washout this week.

ENDP – Weak open for more ramps. Impressive volume on this one.

FCEL – Has earnings on Wednesday but chart is still primed with that .40 level. May run into earnings may not but I doubt I hold into them. .45 breakout is a trigger with .50 level to watch as well.

PLUG – Only if FCEL goes but like that 2.30 level.

MDCL – Decent daily chart setting up here. LIke the 3.50 breakout but the $4 is the obvious one. Started a swing here Friday and thinking just giving the $3 o/u as the full risk.

DCGD – Closed strong and held well on this big turd. If 1.35s break with volume can get a sick ramp over 1.50 pretty easy.

PEIX – Strange premarket 70k buy Friday which made the chart super ugly. However, holding that .75 level nicely and thinking we get some moves into the Thursday EPA meeting.

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