OddStockTrader Scan 4/29/2020

by | Apr 28, 2020

Only mistake was selling CREX early today on that huge Alert by Texmex in the room. Saw chart, read PR and it was a short BBQ type of headline. The chart fading nearly all day was the dead giveaway to me that people had been sizing in short and were super comfy holding, a recipe for a great squeeze. Anyways, big list tonight so here it is.

CREX – Not sure where it opens, hopefully no offering pre-market but really think it will have more legs than people think. Possible $7 tomorrow since there are so many stuck shorts on it.

W – Going to bet even harder tomorrow is the fade day. I have puts overnight and will short out the gate again. Perfect action would be a ramp into $128s, a stall for the short and $132 as risk parameter.

NCLH – Classic bottom chart formation here. I longed this today for long term trade as well. The calls were going in all cruise names today. I think $15s easy before end of the week.

CCL – Similar setup here as well. Looking at $17.50s next few days. Ideally $15 breakout and retest.

DAL – Same setup as cruise lines. $25 is the big mental level for many on this name as well.

MARK – I am amazed that it only took 2 months for this turd pump to finally break that .46 level. Now that it has, I am finally interested in the trade. Ideally retests the .44 in the am for a long.

TLSS – Crazy move into the close for gap up chasers. Usually means it gaps down though. I would rather scoop the morning washout around .046 before I would ever chase the gap up if it gets one.

MGTI – Nice action today and could be day 1 move on it.

BTCS – That .20 breakout is juicy and if Bitcoin goes, this will be right behind it.

BTSC – Failed breakout into the close. Has been a great swing so far but will see how it react at the open. Depends big time on the Bitcoin move (if it happens tonight)

CAN – Only pure Bitcoin miner play out there. If Bitcoin can get that $8,000 breakout I think this can wake up quickly. Constant watch and $5 alerts set.

SEGN – Haven’t seen this out of an OTC in at least 2 years. Very well could be start of a promotion style move. All week eyeball for me.

TOMZ – Notable chart. They smacked the breakout attempt today which just tells me they will be working this chart in due time. Price alerts at .60 are key for me to trade it.

4 Comments

  1. Thanks Cody!

    Reply
  2. Thanks Cody, thought these other OTC charts might interest you $REEMF $TMRC $NMHLY $VNNHF $PCTL $CYDY

    Reply
  3. Thanks

    Reply
  4. awesome

    Reply

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