OddStockTrader Scan 8/3/2020

by | Aug 2, 2020

Hope everyone had a great weekend. I did and dropped 4 pounds on my new fitness regime and meal prep. Anyways, crypto still in focus for me as the main theme out there so the list will reflect that tonight. So, here it is.

KODK – May come later in the week but this will have a nice 50% bounce at some point. Thinking likely around the $11-12 area but I will be watching it all week for that type of squeeze action. Review the action from early 2018 to get an idea of what I am watching.

SBGX – $3.25 breakout with volume and will join long.

MARA – We have been on this one since below .60s and I only was able to keep small in an account I never watch. Big move a/h but might get muted with the slam across the crypto board. I will actually be short biased on this provided Bitcoin is just churning sideways. Ideally we get $1.60s again for a long swing with more size.

RIOT – Lagging hard, and makes me think it might have a raise coming. Either that or working out a TON of holders. $3.25 and .50s breakouts all that matter.

CAN – Will ignore until $2.80 breakout and $3 with monster volume but it gets an eye all day either way right now.

GDLC – Probably $18 parabolic for the short tomorrow. I want to get more long on this but at the right price ($10-11 area) It has been a huge swing since mid $6s for me.

BFCH – Will set price alerts for .02 as that is the only breakout that I will care about. Likely sends it much higher and will be able to avoid most of the chop on the name.

MGTI – Only care about that 023 breakout but will join it if it does it on volume.

BCII – Will keep adding this one likely to $0 but I am convinced in a mania it goes. Will be a longer term swing with WIDE WIDE risk.

CBTC – Cheapie that doubled Friday. Looking for low to mid .001s for swing.

1 Comment

  1. Thanks

    Reply

Submit a Comment

Your email address will not be published. Required fields are marked *