Back green today with a 531$ profit. Got pretty sloppy in the afternoon trying to play the bounce on SNPW. Made a small gain on it after multiple attempts to dip buy it and then moved on. Key to the trade was taking small size and trying to be patient to let it bounce. The other two trades were ALYI and WDLF. ALYI made nice gains after consolidation above its breakout level and WDLF made a nice strong move into the close. I probably should have swung it but I'll look to re-enter tomorrow morning if the action is right. Still trying to play the best setups and not try to do too much as there are so many stocks going crazy. Taking it one trade at a time.
OTC's:
Overextended plays/Potential Morning Panics
ENRT, VPER, INKW, and AITX have all run really nicely the past week. Would love to see them panic sometime tomorrow. All have the potential to be dip buys.
Potential Breakouts
WLDF, CLWD, and BRAV have had really nice FGD's and are within striking range of breakout levels. I wouldn't be surprised to see any of these have the momentum to test those levels tomorrow and spike for another couple days if they can have strong price action and volume into close.
Panic Continuation
OZSC, ALYI, and SNPW have all experienced FRD's. All have the potential for another morning panic.
Options:
GME is unreal as it is skyrocketing. I wouldn't be surprised to see this at 300 tomorrow. I don't think I'll have any play since it is extremely volatile but I'll watch in case there could possibly be a sign for topping and more downside.
TSLA is still hanging below the 900 area. I'll keep on close watch for another shot toward 900 and seek a move toward 1000.
WKHS broke out above monthly highs from President Biden's comments on electric vehicles. I hesitated to take a calls position because I was locked in on OTC's today but its a nice chart. I most likely won't take a position but this is a good chart to study for future positions.
Watching And Analyzing!
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