OddStockTrader Scan 6/18/2020

by | Jun 17, 2020

Back and forth day for me. Felt like reads were good just over patient and bagged a few names overnight. Tomorrow will be last day of the week for me, got invited to go play up north on Friday and the way I am hitting the stocks I would rather be hitting the golf balls this week. Should be some nice trades tomorrow though so here they are.

SPOT – Calls were on fire today and of course they knew that Kim K. gets an exclusive Podcast with them. All time highs and close today. Morning gap to $205 likely and it tends to hold these pretty well but we will see. Pretty bullish on this one and that is big news. Market will need to agree for the breakout to hold.

TSLA – Really fighting that $1000 breakout and not as clean of action but chart almost exactly the same as the pre $600 breakout. Just take a look if not tomorrow probably friday. Calls still in play for me but that $1,050 level like confirms it.

SAMA – Weed SPAC got some lift today. Like it for further swing if we can close over $11. I would be cautious with ALL of these at this point. My thoughts are the market knows people are jamming these higher and who knows, one of them might randomly put out a filing and smoke all longs. Just know what you own with these.

MIK – Held nice trend into close. Looking for todays highs to break for long join.

KIRK – Possible leader to MIK but that $2 is a key level on the daily going back over a year. Could easily squeeze out.

CRC – Puts traded today like this will be going BK anytime within the next 2 weeks. I joined and may get short intraday each day in case announcement.

JFIN – Possible short squeezer. Have alerts at $5.50 and $6. Did a wild move and can do another if shorts are comfy and this decides to ramp.

TSOI – Renewed swing today sub .01 per plan. Will try to not watch it and set a GTC stop around .007s or so. Don’t want it to take all my attention and happy with average. That .0125 area can confirm renewed upside.

OWCP – Huge volume for this one on a daily basis for the year. I wanted it to hold that .012 level or it would be a failed breakout. Watching that .014 to reclaim and if it does break todays highs tomorrow it can be a decent runner based on that volume today.

3 Comments

  1. Thanks Cody

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  2. Thanks

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  3. Thanks Cody!

    Reply

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