OddStockTrader Scan 8/5/2019

by | Aug 4, 2019

Sorry I wasn’t here Friday, turned out surgery on my foot ended up being a little bit more painful then I originally anticipated. Mostly a weekend of laying down with foot in the air and pain meds so that wasn’t much fun. Either way market looked like it was again wild and I think we are in for more this week.

SPY – Morning gap down or big am washout with big reveral on the day back into the 295’s

VXX – Had a big hunch on this one thursday that Market was going to fade into Friday. Turns out it just needed a trump tweet and we got hammered. Played it pretty bad but thinking market fades in am and gets a nice bounce day.

KRUS – Impressive on this sushi one. I was interested in it day before IPO but never even looked at it till today. Likely parabolic and sitback. Thinking $30 plus max on it.

UBER – Big washout near $38 if market pulls in the AM for the scoop long and maybe just a scalp.

LYFT – Big washout with market for long scoops

BLDP – Decent setup if the 4.75s breakout on this daily. Will look for volume confirmation as this sector has been getting more and more interesting lately.

ALEAF – Weed chart worth an eye.

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