OddStockTrader Free Monday Scan 8/20/2019

by | Aug 19, 2019

Hope everyone that enjoys these free scans had a great week! Very nice day today and ended even better with a Monster DIS alert from T530 super earl on the Marketwatch news. Fastest news in the market comes in at IU and its pretty incredible to be honest. Still not forcing any trades and letting them just come into my strike zone after recent slump that I am quickly reversing. Should be a nice week with likely more voliatility ahead.

I actually had a few people ask me if I think there is going to be a recession coming, my gut instinct based on the market is NO. I think it a ton of political posturing and there is still a great deal of cheap money out there but the issue is innovation. There is really NOTHING out there that my tech brain really cares to buy and there is likely to be a massive wave again of some big name Bankruptcies in the market as well (mostly retail in my opinion) Anyways, here is tomorrow

KRUS – Beauty of a daily here. Morning washout and scoop for the ramps. Ideally we get some $24.10 or something close.

TROV – Nice win on this swing since the mid 1.60 and 1.70s. Have a little bit left just in case.

AESE – Been watching it churn through shares with big bids and big asks on both side but recycling shares. Still an all day “keep on radar” name for me.

IBIO – News after hours and sitting at $1. Might be the flavor of the day tomorrow.

CANN – Held it’s trend all day. THinking that 1.25 can be a nice trigger and send it into $1.70s pretty quick.

PCTL – OTC name that has been have quite the trend and reminding me of the old GIGL chart here. Only a a good trader on the dips and not a buy on ramps.

CEI – Total turd but we had some turd energy names move today YUMA being the big one. I have been keeping a close eye on this one and ready to hammer in once it looks right. For now just tip toeing in and out of it.

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