OddStockTrader Scan 4/7/2020

by | Apr 6, 2020

Happy Monday all. Hope you can join us this Saturday for an hour or two during the all day event for Covid-19. Going to be a lot of speakers including myself so feel free to get your name on the list. Lot of names in play tomorrow since we had a monster market day today so going to base a lot on where we open (anyones guess). I am going to be long sided in the am then switching to short sided likely by lunch time. Here is the list of names I am looking to trade tomorrow.

SPCE – Possible $15 gap up and run. Not sure what the Trump space thing was about today but either way it seemed like that news brought in a decent buyer late day on it.

RCL – Thinking gap and run into $35s provided market does dump overnight.

CCL – Saudis took a stake in this. Doubt these go bankrupt at this point as it seems everyone is willing to throw down some coin on these names at these levels. I think it’s a smart trade as well.

SHAK – $40 morning test parabolic move. Long washouts in the am on $36 level

RIOT – Held well today and had a nice pop mid day (was a newsletter buy) However still like the idea on Bitcoin moves higher.

GBTC – Really like this if $8 breaks and holds. Pretty thin back up to that $9 level.

CAN – Bitcoin miner name and tends to get a big one day move if shorts get trapped in.

MARA – Only care to size in if RIOT gets a big leg higher.

BTCS – Cheapie OTC Bitcoin name in case it really goes.

MARK – Has been pumped DAILY to exhaustion on twitter the last month. HOWEVER, if that .45 and .50 can break, everyone will know it is finally in play and may get a good move out of it. Worth keeping on radar.

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