OddStockTrader Scan 10/15/2019

by | Oct 14, 2019

Hello again everyone. Just got back from the best yearly event and as always Traders4aCause was amazing. I was jam packed with stuff this weekend so if I missed you I do apologize. Turned out to be extremely busy for me but that just happens during these sorts of things. Anyways talk about about some insane moves in the energy names. SES and BIMI just wildness. Been a while since 1st day shorts have been punished hard and two in a row. Most likely some fade next few days on those and then get a “former runner” style move on them.

IPWR – Interesting action all day today. Felt similar to a day 1 OTC style load and smack into the close. If no decent action in the am will likely put on full ignore.

GBR – Energy name that used to always go.

SHIP – Steady volume all day and can go based on the chart setup. Only a trade for me if ramps and a first good flush to grab. ZERO chasing for me in this market.

BYND – Has been a sick short with options and not a hard one to hold at all. So congrats all there. Feels like some decent cover on it into the close and that is my plan tomorrow. Close it out and maybe even look for the snapback long into $130s. Still think they are suckering in some sorts before another PR

LKCO – Thinking 1.50 washout for bounce trade tomorrow. Looks like total death so only want to be there if its pure panic.

DEST – Interesting little close on this one. Only like it on a .45 breakout of volume and hold of .42 for risk.

DARE – Just worth an eye for me

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