OddStockTrader Scan 8/5/2020

by | Aug 4, 2020

Decent day today but for sure slowed down out there after lunch time. Should still be some good trades tomorrow. Here is my list.

KODK – Not exactly the bounce I was looking for as far as the action goes. It was right out the gate and premarket. Will see if $10 comes and gets us another shot. Looking to keep an eye on it rest of week and next.

SGBX – Broke and held that $3 breakout today. Looking to add on that $3.20 continuation. Risk on this is now 2.75s.

GSX – May blow over $112-115 tomorrow and hang there. Shorts have been smoked on it but don’t want to be too early. Rather watch that parabolic action and then short after it fails to make a new high.

OSTK – Monitoring for short tomorrow with $80 fails and peak out.

ACB – Worth an eye and has been beaten since the 3 day move. Will base it on TLRY action.

TLRY – Lot of calls on this one today and a CNBC mention as well. May fade right back down  again tomorrow but will look to scoop that “always happens” AM washout on it then risk accordingly.

UPLCQ – Took a flyer swing on this one today. Risk is over 50% on it at this point so just a mention.

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