OddStockTrader Scan 6/23/2020

by | Jun 22, 2020

Happy Free Scan Monday!

Hope everyone is doing well, today sure started slow up until about 10am my time then things just started to go crazy out there. Some unreal swings in KIRK MARA and RIOT from last week along with a crazy 2,000% OTC baghold win that I had (crazyness there) Should be some great action and I am still thinking once it finally does break that $10,000 Bitcoin will be in the disbelief rally mode and we see $15,000 this year or higher. Which leads me to tonights big scan of names.

Also, if you are interested in Joining IU please reach out! We will also be starting something brand new for all new members in JULY so pay close attention on this and the Twitter front for more info. On to the list:

YETI – All time highs and mentioned on last nights scan. I think we can see $45’s on this one this week given the current market and time of the eyar. Playing this on calls is my choice with risk on $38s

KIRK – HUUUGE swing trade from the 1.7s. Mentioned that this might just rip faces after that $2 breakout and here we are. Probably a gap and run into $4.50s. If it parabolics I will look to get short in that exact area.

BYZN – Inside day so at least it was a constructive on with the chart. Ful risk on .25s for me but the big breakout can be over .40s I have a feeling based on the instant morning pullback this one may take longer that expected but either way worth me keeping the swing on with that risk area in mind. Once it gets free it can be over $1 real fast.

MARA – Big day here again. That 1.25 close will be a trigger but I think $3-4 range is very realistic if Bitcoin ACTUALLY breaks out over $11k. Still a swing and risk on .75s area.

RIOT – Similar as above but $2 risk and $3 for the big breakout. I kind of prefer this one with a call swing and stock intraday trader at this point.

TLRY – Some straaaange call action today on this one and they were not wrong with the New Jersey news last week when it had call sweeps. Full eyeball tomorrow and $9 can be a huge trigger point.

CGC – Same as above but $18 level

MVIS – Very nice daily chart and $2 breakout test tomorrow likely. I like the morning washout with 1.60s for possible long trade area.

BLXX – This is a TOTAL spec long for me. They are involved with the OGN Crypto token but these charts have been working insanely well since March. I plan to just keep adding lower provided crypto doesn’t get hammered ( I don’t expect it to at all) Risking to probably .002 in total but that risk is worth the potential reward in my eyes.

IGEN – Nice cheapie. Big chart setup and looking great over that .01 level tomorrow.

OWCP – Still on radar after that big random volume day last week.

DIGAF – Cheapie Crypto that I have started a swing in. I plan to probably keep adding into it each day a few shares until it breaks out.

4 Comments

  1. Hi Cody which broker you use for the cheapie stocks like IGEN ? Thanks

    Reply
  2. Thanks

    Reply
  3. Thanks Cody! Great info!

    Reply
  4. thanks Cody

    Reply

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