Mondays’s Watchlist for 9.8.025

OPEN 661 m.f.,  Opendoor Technologies  is a Tempe based Real Estate Services ticker. This has quickly become the latest “meme” or “cult” ticker as evidenced by the attacks on anyone making disparaging comments or taking short positions.  The daily chart is ultra bullish as we broke to new 52 weeks highs over 5, and now have pushed to almost 7.00  I have half a position from 5.26 having sold half at 5.98  My next target is 7.99 but I may consider taking some off into a fast move to the upside, planning to re-add shares.  I would not be surprised to see a test of g/r to trap more shorts, and that capitulation to the downside may be a good place to add to my position for some follow through.  Will this make a great short sometime?  Most likely.  Is that time right now?  Hell No!     10.2m Shares Available

FORD 1.14 m.f., Forward Industries Inc. is a N.Y. based apparel company.  They are involved in a 1.65b PIPE to start a Solana Treasury… It closed Friday under 17, hit 46 in p/m today and is currently sitting in the mid 30’z up over 100%  If this can consolidate and base at 30 I could consider a long, but the spread is mildly brutal and I’m not so sure about a company that makes bags and phone cases dealing with billions in crypto…0 Shares Available.

OCTO 2.68 m.f.,  Eightco Holdings Inc.   is a Florida based packaging ticker that has a 20 Million dollar investment from Bitmine toward and even larger 270 Million Dollar PIPE involving a coin that “captures zero knowledge proof of someone’s humanity” This went from 2 all the way to 8.35 so far in p/m  I will watch for a move back down to VWAP for a potential long, but this thing is way overextended.  0 Shares Available.

HOUR ?? m.f.,  Hour Loop Inc.  is an Washington based online retailer.  It’s gone on a wild run from the low 1z to the high 5z in the last 3 trading days.  There is not an apparent catalyst with the exception of the increased interest and volume.  Some consolidation and a break over 6.00 could indicate a good entry for a long.0 Shares Available

SOGP 154 m.f., Sound Group Inc.  is a Singapore based Audio entertainment company. They announced a special dividend and have run from the 4z all the way to the 30z.  I had one failed long, then a failed short, but this looks ripe for a short to me.  Of course, one would not want to be short on the day of the dividend, but if this goes red I may have to get short a piece. 172k Shares Available

AMZN, AAPL, SPY, QQQ, DIA, MDY, IWM, The markets have been recovering from the latest dip and appear to be opening green right now.  Crypto is also strong.

My biggest goal right now is to Let My Winners Run.  This has been my biggest hurdle and is very much what is stopping me from being a significantly successful trader.   B/O’s over new P/M highs are one of the hottest plays right now, but there are many failed spikers to be weary of.

I have been bad about having a watchlist and plans before my recent trades.  I intend to change that as building these watchlists/recaps is very much part of the process/discipline necessary to constantly evolve and succeed in the speculation world. We are in an amazing environment right now and there has never been more opportunity to score runs as well as hit Homers! Alexander Elder said it best with this quote.  “If you let the market make you feel high or low, you will lose money”  With that in mind I will do my best to follow my plans and not let Elation, Fear, or Greed influence my decisions. 

 

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