OddStockTrader Scan 8/12/2020

by | Aug 11, 2020

Killer action today and hope we get some more of it tomorrow. I for sure needed at least a mental break a few weeks ago as I feel I am firing again on all cylinders. Just seeing the market well and staying in a great mood the entire day (music helps)

Should be some great setups tomorrow and a lot of potential movers with Biden’s VP choice. Here is tomorrow for me.

GCEH – Had to do a split second double take on that XOM news that this was in fact the correct ticker. Killer news and was able to be first in on it super low. Decided to lock some in but then added back and swung higher. Possible gap up and run into .50s is what I am expecting. Not everyday you get an OTC with Exxon in the headline.

PEIX – Looking to short this one tomorrow on any parabolic over $5s – Looks like the news of earnings was known  weeks ago and ran up into it.

AAPL – $445 retest for the short with $450 as risk.

ZM – Might be over done here but I think the $235s if it peaks tomorrow can wash this one out hard to $210s. Short bias and holding puts overnight.

CGC – See if there is any action with the Biden VP news here. Will be a close watch out the gate and see if a trend holds in either direction for long or short.

TLRY – Same as above

IGC – Ripper after hour but tends to get smoked on ramps. Will monitor action and see where it opens. Very possible with the open this might have stuck some shorts.

MCOA – Turd MJ Cheapie but the volume the last two days is impossible for me to ignore. Risking on .0025s and likely full day hold with swing into Thursday.

3 Comments

  1. Thank you for sharing.

    Reply
  2. I like your OTC picks. Sick ones!

    Reply
  3. Thanks

    Reply

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