OddStockTrader Scan

by | Mar 12, 2020

Uncertain times we are in right now. Everything is full on panic sell mode.

At this point I do NOT think we get a big wooosh but just the pure exhaustion of sellers and a w shaped bottom. However, all bets are off and anything can happen at this point. It looks like NCLH is toast so be careful there. Coming up with a decent scan tonight has been very tough so I am going to stick to the big names I know and trade accordingly.

CCL – Maybe $11s tomorrow. At this point I am guessing but will be 100% reactionary.

RCL – Could still go BK but worth a trade in there.

BA – Unreal move here really. Unfathomable really. $135s washout for long.

SBUX – Likely sees the $54s tomorrow but would prefer $50 washout

AXP – Possible $75 or lower for washout long.

JPM – Will be looking for that $80-77 washout for bounce trade

1 Comment

  1. Hmmm JPM 2 time ?

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *