Scan for 12/31/18 From Josh

by | Dec 30, 2018

I haven’t posted a scan in awhile, I have found it has been better for me to scan in the morning but I owe this community, so I apologize for that. Really, I owe it to myself to put in more work. Last week was fantastic, offering huge opportunities both ways. Only thing I really screwed up on was fighting volatility TVIX.

OPK- don’t think the momentum is necessarily over here with Frost involved will use 2.90 as a guide to get long if trend holds

GDX- really like how gold is holding up and rates continue decline even though we are raising. Rates get priced in to the credit markets so the fact we are still going down is concerning. Will use 20.50 as a guide to get long

JNUG- 8.40 guide for a long

MU- will use 32.20 as a guide for a short market permitting

TWLO- will look for an 82.50 washout for a long, stock has been showing nice relative strength

UXIN- slammed and can get a lot further down, thinking some shorts will be covering tho into the 4s so will look for 4.50 long

TVIX- will look for trend join, if market catches a bid or even stabilizes, this can bleed a lot

USO- will look for 9.35 hold up for trend join long

DWT- trend join with USO- 17 guide for ss

DRIP- same as above for trend join

FB- will use 135 guide for ss, market dependent.

AWSM- will see if 1.70 holds for a ramp back above 2- this stock came in from 20 so think there could be a multiday move

RIG- 6.80 guide for long if oil holds

GLBS- 2.80 hold for a ramp back

QTT- like this setup here using 5.80 guide for a long

 

 

 

 

 

 

3 Comments

  1. Thanks Josh. Your trading style aligns closer to mine so great to see your scans.

    Reply
  2. thanks josh

    Reply
  3. Great job Joshy babes

    Reply

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