OddStockTrader Scan 9/5/2019

by | Sep 4, 2019

I tried once today, took a scalp on it but EVERYONE and thier mother wants to short ROKU right now. I made a mini rant on twitter about it but, LET IT COME TO YOU. I want it to but it will be the perfect short and give that $10 move when you likely are sick of watching it, be patient. Lots for tomorrow and some decent range in market on Hong Kong news. Ideally no crazy Trump tweet to crush us tomorrow.

ROKU – Gut says this rushes into $180 tomorrow. I am convinced the short is going to be on a late day fade style ONLY. I don’t want to spend the time trying to nail the parabolic. Rather let the parabolic come and go, then focus on the back-side afterwards. I have some overnight calls based on this.

STXS – Uplisted to NYSE this friday so a niice run-up into it. Thinking possible sell the event late day tomorrow but likely a gapper here either way.

PHM – Big chart and that $35 is a huge level for multi year breakouts. Playing this on the options side so I don’t have to constantly watch it.

UBER – I got bullish on a bounce day this am on this one, worked well but nearly ditched mid day on the fade. $33 can be a nice trigger for a decent move but not expecting much out of it.

LYFT – Starter ended up selling basically dead low on the day, oh well. Similar idea as UBER but this one does trend much different. If one goes, they likely both go however.

TWTR – Nice comeback and big volume into the close. Ideally $43.50 blasts through in the am and $44 test coming. Like it on big dips but will be weary of the fade on the dip. It tends to just fade away when that does happen so be aware.

MNK – Destroyed a/h. Looking for a dead cat bounce only. Possible BK as well.

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