OddStockTrader Scan 7/21/2020

by | Jul 20, 2020

Hope everyone is doing well out there. Just going to get into the names that I will be looking at tomorrow for some trades. Tons of setups out there so for sure take the ones that you know the best.

IBIO – Looking to hammer this one short tomorrow. I dabbled in there a few times today and was for sure early. Thinking we might get $8 blow off but if it gaps lower will look to fade it all with $7.25 risk

OPK – Looks like I thought this would be a horrible chase until I see if after hours over $5.60s. So that was a nice surprise. Thinking we can gap into $6’s and get a nice $6.50 parabolic on the name.

CAN – Finally a day were it broke $2 and held trend well. Will look to trade any washouts sub $2.20 tomorrow out the gate long.

TSLA – Earnings Wednesday and I would expect the range to be insane tomorrow after this move today. Maybe would not want to be short into a possible $2,000 print would be my guess. I do like a morning pull for a quick long out the gate though.

NET – The honeybadger stock. Name that I think won’t quit for at least a year. Going to get long with 38 as full guide tomorrow unless it gaps up over $39s

CHFS – Cheapie chart that is setting up well. Like that .75 breakout for some size swing.

3 Comments

  1. Thanks

    Reply
    • Thanks Cody.. i am also long on NET since last Friday.

      Reply
  2. YETI looking ripe for all time highs

    Reply

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