Josh Scan 5/10/21

by | May 9, 2021

BGFV- hell of an earnings winner, naths here, would like to see some consolidation and look to buy dips towards 26

FNKO- earnings beat here, looking dips vs 24

RVLV- hit naths on earnings, you can see pattern that i am looking at here, earnings towards or on aths and outsized volume, will be looking 57 guide here for possible swing over the next couple days

Great review for these examples are the following names

UPS- earnings beat new all time highs + continuation

CROX- still looking dips vs 104 guide, earnings beat, naths

STX- earnings beat + new aths + several days of continuation—REVIEW

BTX- looking for mean reversion trade vs 34 area

RBLX- need to see a volume surge and support form 75 level, has earnings this week

BNTX- missed this off rafar, what an amazing two way trader on blowoff top and on the mean reversion trade on the 3rd day down washout, incredible bounce, these are things I look for in big cap space that offer 1-20-40% opportunites in a couple days.

CLF- nice basing here and trend, like all dips vs 20.

MUDS- in no mans land for me until 17.50s even thought it is holding its 20 day MA

NMRd- pushes towards 10-11 for a fade play

HOME- will watch this names post 10am+ to see if trend forms, great reaction to earnings and is near aths

RHE- pops towards 21 to short, nothing to fight, this name has held on pretty well so far a better probability trade would be to see a red close than short an opening push towards resistance on Tuesday

WYNN + SPG- earnings this week will be interesting to see reaction with things opening back up towards full

UPST- will be good to monitor considering the huge move it put up on last quarter earnings, if catches momentum again can go

 

 

 

1 Comment

  1. Thanks Josh..great scan as always

    Reply

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