OddStockTrader Scan 8/13/2020

by | Aug 12, 2020

What a sweet day. Came in with some nice overnight gaps and that really is all I need sometimes to just see the market well. Starting off on the right foot and knowing you are green before you even make a trade is a HUGE confidence boost for the trading day. Should be a nice day tomorrow as well as I have setup myself up for the same start in the morning. So many trading opps out there lately its just crazy, need to know where to look though.

Here are the names I am watching for tomorrow.

IGC – Monster one here today. Volume told the story and how bearish everyone seemed only added fuel to my long thesis fire. Probably touches $5 tomorrow for the sells. I got some off near $4 after hours but this should be a huge fader once shorts stop tripping over themselves. Bearish when the time is right.

SNDL – The sold a TON of paper into the .70s move and it even caught me off gaurd. If they let it go tomorrow with IGC it can be a big mover but not if they sit on it. Will be watching for a trade either way.

TIGR – Price alerts matter! $6 alert put me on this one and turned out great. Ideally gap over $7.20s and run into $8s but we shall see. Today was a big move and likely gets some sellers. Keeping on radar for a washout trade.

APEX – Saw on scanner. Worth an eye but really only care about the .80 breakout on volume.

CHAP – Similar as above but using that .50 as the trigger for a long. Kind of a random move here and like it.

GCEH – Was able to sell some of the swing on highs but set a hard stop sub .20 for the rest. Just going to let it do it’s thing at this point.

BLXX – Only a mention because Orgin Protocol is at all time highs today and this has a current deal with that crypto.

1 Comment

  1. Thanks

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