OddStockTrader Scan 10/14/2019

by | Oct 13, 2019

I want to first off say, next year I will stay at the hotel the conference is at. I missed out on so much by being at the Cosmo this year and really regret that. I wanted to meet many many more but time just ended up going by so fast that I would look down and it would be like 8pm and there would still be 10 things I wanted to do during the day. Other than that I am really happy that I got to see some new and several old faces again. These type of events I look forward to every year and they need to be more often. So much to chat about, so much to learn that just one weekend is never enough. For those that are on the fence, next year, GO!

Anywho, had a blast and let’s start off the week with a bang and take the things you learned this weekend and apply them.

BYND – Total beauty and I tried to not look at it all day Friday but it was just too nice. I do think they have a few PR’s left in the coffers and might let one fly if it does anything in the low $120’s this week. If you have yet to take any off tomorrow might be a good spot for some partials.

MJ – We are close to some big panic in the Marijuana space here. This can easily be $16’s this week but want to start watching it and the major names.

TLRY – Thinking will be good for a bounce only around the $16’s area. The ATM is out there and they are taking everything they can hit. Will watch for them to put on the brakes to allow for some sort of reversal.

CGC – Ideally $16’s on this one as well this week for some panic.

CRON –  Another name to watch for a bounce and massive washout this week.

JCP – More of a non watch, set stop or price alert name at this point because I don’t want to focus too hard on it since the volatility is yet to be in the name. Still a swing and monitor though.

GATA – Two ugly days, light volume however, Going to just let it doing it’s thing unless .03 fails with serious volume.

1 Comment

  1. What do you look for when you scan your watchlist? or your ideal setup.

    Reply

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