OddStockTrader Scan 7/6/2020

by | Jul 5, 2020

Needed the extra time off as I was just feeling totally out of it all last week. Rearing to go tomorrow so here is my list.

WKHS – Held over a TON of PUTS on this one. Could be the top or could go to $30 first. They are holding the line on this name so hard that it’s truly amazing to watch. There will be a huge fade trade on it but may take a long time like the next one NKLA.

NKLA – I hope there is a ramp back over $60’s to short into. This can easily fade back to $40s this week and I hope it drags WKHS with it.

TSLA – $1300 test and late day fade trade. Market I think will need to be having issues for this to pan out but either way it is what I am watching for.

SHOP – Ideally retest the 1040 level and then short with $15 risk. Looking for about a $15 risk for $50 fade reward. Will monitor it well as this one is severely overvalued at this point.

NET – $37 breakout for the long join. $38 is still the monster level for $40s

BLNK – Looking for the long sided trade on this one. $5.75 breakout followed by the $6 big breakout level. EV’s are hot right now and this is a name I like in the sector.

LMND – Crazy wild IPO here as well. Will look to see if I can get some shares to short if we get into $80s

ACCD – A full on COVID play and IPO that got hammered day 1. This will be on full watch for me all week in case it starts to gear/perk after it finds a base. No mention in the room by anyone Thursday on this as well. Could easily be a scam but scams fly the farthest. ALA TLRY.

 

4 Comments

  1. Thanks Cody

    Reply
  2. Great stuff Cody. When does your boot camp draft? Thanks

    Reply
  3. start.

    Reply
  4. Thanks

    Reply

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