Hello again this week everyone that is enjoying the free scan Monday nights. There has been some crazy opportunity out there lately but it just requires some focus on specific names and changing a game plan quickly from the previous night if you had one. Last few weeks some of the things I look for completely die out the next day so it is important to focus on your niche and what you are good at.
Adapt quickly to this environment but stick to your game-plans. I find myself just waiting for the setups that fit the A+ bill to me and they arn’t showing themselves just yet. However, there are some great lower quality setups out there.
I am starting something that is free to “join” but it is going to be a small $1,000 Robinhood account challenge that I plan on using PURELY for entertainiment and education of someone that might have ZERO clue what the stock market is or how to trade/invest. More to come on that but here is tomorrow.
PETZ – Closed at highs, but has a strong likely hood of a gap and complete full day fade. Be aware if there are any key level holds on it however.
APOP – If PETZ runs again.
BYND – Crushed on earnings and the offering. Don’t think the BIG bounce trade will be until Wed/Thursday but I want some panic sub $140 for a nice bounce day trade. Either way, likely several hard sells tomorrow as shorts wont be looking to cover any time soon at this point.
LK – Impressive since last week and that $20 breakout day. Eyeballing the parabolic and short tomorrow on this one however.
CURLF – Back near the highs before the “wording issues” out there. Like a weak open and ramp for possible $9 by end of week.
XSPT – Total fail on this one today, looks like they found some paper and sold into the .01 move in the am. Will likely ditch if volume starts to dry up.
FPPP – Still keeping chart up, but have placed a price alert at .20 in case I take it off radar tomorrow.
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