OddStockTrader Scan 9/6/2019

by | Sep 5, 2019

Not much for me to really say today, made a decent sized mistake and decided to take rest of day off. Probably be here for the open and hit some golf balls or something rest of the day. Only care about the first hour and last hours lately anyways. Plus, some golf might help me out. Either way, here is my tomorrow am

ROKU – Traded this one about as bad as possible today. But I really don’t think the move to the upside is over as indicated by the big reversal mid-day. Take a step back and look at it, this was was simply the first big dip (which I consider one of the best buying spots) in a major uptrend. Yes, it’s way up, but after the big ticks come the bigger ticks.

TWTR – Decent one since Monday but nearly got smoked out the entire thing on that nasty breakout and fail day. Ideally $46 rush and sells along with some puts afterwards.

JCP – Holding and broke the .75 area. Still a swing for me and knowing BK can happen anytime but with insider buying I just don’t think that’s likely to happen anytime soon.

FCEL – Like the trend on this one and .60 is a big spot. Has been holding this area for a LOOONG time and can get some eyes. Wide and long risk for me as I just want to let it work.

FNMA – Probably some major volatility on this one tomorrow with headlines after hours. Ideally trade a big washout but be smart with it.

PEIX – Nice .70 push and hold. Rollback of EPA stuff not too long ago so worth a look on the swing side.

MNK – Ended the day with a nice abcd setup. Will only take it with a big break of 1.70 with volume.

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