OddStockTrader Scan 4/16/2020

by | Apr 15, 2020

CHWY – Impressive lately. Will depend on the overall market but feels like we can get that $47.50 tomorrow. Will actually be looking for the short more than the long. Thinking this one needs a rest at this point and retest the $38s.

WORK – Strange eod volume here. That $29 level however can bring the $30 breakout if the morning action shows there are heavy buyers in the name. Main watch for me.

NFLX – Looking ONLY for the short here tomorrow. Will take some puts out the gate unless we get a huge gap down. We will need to test that $400 breakout esp in this market environment. $430 peak out in the morning for that short area ideally.

COST –

TRIP – Options were going crazy along with all the related TRIP stocks out there. Will be main watch out of the gate unless overnight news. Morning washout for long and calls for me.

O – Lot of puts in these names out there today. I can see this one testing $45s again by next week. I think big trouble headed for this sector.

OCGN – Penny name worth an eye that I took for a swing. Must hold that .39 level to continue.

3 Comments

  1. Thanks Cody. Watching WORK tomorrow

    Reply
  2. Thoughts on COST?

    Reply
  3. Thanks

    Reply

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