OddStockTrader Scan 7/16/2019

by | Jul 15, 2019

Hey everyone! Free scan Tuesday is going to be a new normal so that at least a few of you can get an idea of what we do at IU. We are not an ALERT service but I would classify us more as an “idea generation” service. Chat is always jam packed with ideas and trade that people are taking. We don’t focus so much on the alert of a trade, but more of a reason and though process on WHY someone might be taking a specific trade.

There are tons of traders in chat, new and veteran alike that all share these ideas so that you can learn and formulate your own strategy to become long-term successful at this game. Glad you decided to view tonights scan and if you have any questions feel free to reach out. On to the scan..

TWTR – Morning washout for accumulation.

UAA – One of my favorites going into 2020 and longer. New rock apparel is everywhere lately and very good qaulity to be honest. Ideal $30 test on swing.

KIRK – Unreal fade on this one this year so far. Looking for a big volume washout day for possible trade. Likely BK at any point or raise.

WKHS – Pretty unreal hold since that Trump tweet months ago. Probably several stuck shorts. Big ramp with first good washout for scoops.

TRNX – Nice after hours ramp on this one. Thinking anything around .35 on a pull back tomorrow.

TEDU – Probably a BK name very soon. Ideally $1 big washout for scoop trade.

AMD – Still expect this one to be around $50 by the end of the year, or at least get close to it. Big daily breakout and it highest close in over a decade. I had mentioned over a year ago based on one sentence in a filing they had this would be a monster https://twitter.com/OddStockTrader/status/968495583471087616 Sometimes having a good Fundamental reason for owning a stock can trump any intraday trade. I think tomorrow we might get some good ramp but followed by some profit taking for those that didn’t sell in September.

1 Comment

  1. Thanks Cody!

    Reply

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