Was a pretty exciting morning in the trade room fo sho. Was watching my partner in crime, @runangel40 trading KODK...whew. That was a rollercoaster - "Looks like STT froze again. Oh...wait...that's a halt." Meanwhile I was executing my HNCKF trade...pretty excited that this has been a consistent pattern I've watched, paper traded and for realsies traded. One of a few, but this has been more consistent and profitable for me. Unfortunately, didn't have time to look at other tickers right away and looks like I missed some good price action from ones on my watchlist...bummer. Always another day.
Have been having problems again with STT...scanners weren't working and after an hour of frustration, just had to reset it. But I'm not going to have much time to trade tomorrow, so I just narrowed down to a few from recent trades and a couple interesting patterns being built.
And on with the show....
DOCRF: Cloud Sector. OTC. 2GD. Spiked on news of cloud secor exceeding 830B by 2025. Full upward trend since mid Aug, with very few spikes. Spiked to new highs today then gradual fade throughout the day. Watch the price action and volume to see if there will be consolidation or continued spiking.
NWBO: Bio pharm. OTC.FGD, Spiking on news, technical breakout, attempting B/O at close. Expect this to panic in off the bell, but there's a lot of support levels that make it difficult to quickly spike back up on the dip. If you catch a good dip at half its days gain, expect a 10-15 bounce before struggling with resistance.
HNCKF: EV Sector. FRD. Has been running on rumors of working with TSLA to supply metal for Batteries. Panicked off the bell and consolidated throughout the day at its lows. Expect shorting on this in the morning for additional panic, but watch for possible squeezes off the bell as a new trend.
TCON: Bio pharm. Listed. FGD. Basically a repeat of the watchlist from 2 days ago. Low float, Multi-day runner, Multi-month breakout, strong price action, and potentially breaking to new HODs HOY. Raised funds/capital last month. Presented at Wells Fargo last week and now today at Wainwright conf. Panicked yesterday, short squeeze today. Inverted H/S at close of day with uptrending price action. BUT....watch for the panic again and buy for a dip bounce.
PEIX: Man...so pissed I missed this one. Been watching this for days for today's play. Ugh...another time. Green Energy/COVID Sector. Listed. FGD,former runner on a breakout. Ppresented at Wainwright's conference. Spike to NHODs in Premarket, panicked and regain all its losses through the day and into AH. At a breakout in AH. Ticker generally has 10%+ dips and spikes. Best to buy after a morning dip.
TRVN: COVID Sector. Listed. FGD, former runner, big spiker. Running on news of its opiod drug acceptance for use. Attempted to breakout to the mid-2s or higher. Watch the premarket price action and buy for the breakout.
As always my trading brothers and sisters, look forward to seeing you in the chat and may the odds be ever in your favor!