Closely watching OPTI, ONCT, ACB, HOFV         OTC:   RTLR

 

ACB (NYSE) - clean chart, 46% gain

 CATALYST:  Hot sector - Weed Stock (GOOD) 

VOLUME:  significant/unusual - 78M

First Green Day - however, been a failed spiker in the past

Float = 160M (pretty high... BAD)

Would need to break out past 6.5's solidly for morning run.  Support in the low 6's

alternatively, could be a sell off, possible Morning panic --> dip buy

 

THIS WAS MY #1 STOCK TO LOOK AT.  GREAT CALL!  WEED SECTOR, HOT

DIP BOUGHT @ $8.57 AT 9:37 am AND TOOK A PROFIT $0.88  PROFIT 40 MIN LATER for 12% GAIN

WENT BACK IN WITH A HIGHER POSITION @ $9.17 AND TOOK ANTHER PROFIT TO $9.57 FOR A $0.40/ 4% GAIN

THEN GOT GREEDY (NOT ONCE BUT TWICE) AND TOTALLY PLAYED IT WRONG

WENT IN STRONGER POSITION IN @ $10.86 AND $11.35., AND SHOULD HAVE TAKEN THE 10% AND 7% GAIN WHEN IT WAS RISING UP TO 12 (SELL INTO THE STRENGTH!!), BUT HELD AND GOT BIT!!  Ended up selling for a 4% AND 6% Cut losses (not quick enough), but because I scaled up my position wiped out earlier gains... DUMB…

 

THIS MAY RUN AGAIN THIS AFTERNOON.  WILL KEEP WATCHING

 

OPTI (OTC) - 1st Green Day, BIG spiker 163% gain (GOOD)

has spiked in past (Aug)

CATALYST:   Won a $2B contract for PPE (GOOD)

VOLUME:  22.3M  (not unusually high), but news from today could increase this tomorrow

Yesterday had 3 month high of 0.08

Low Float (5M)

Spiked in morning, then cracked, and grew steady until mid-day, then fading

Look for Gap up in morning and possible B/O on news

 

THIS DIP GAP UP (NICE CALL).  THEN PANICKED AND DIPPED (0.06 - .065) FOR 8% GAIN

 

 

ONCT (NASDAQ) - 1st Green Day, previous runner

CATALYST:  News on cancer treatment drug 11/4

Resistance at 3.7-4.0 from Mar (52 week high 11)

BIG spiker 118% (GOOD), but could be a one and done??

VOLUME:  22M (GOOD), 

FLOAT:  higher float of 17M

 

Possible morning breakout / dip buy

 

GOOD CALL!  THIS GAPPED DOWN SMALL TO 3.1, THEN RAN UP TO 4!  WOULD HAVE BEEN A GREAT DIP BUY FOR 29% OVERALL GAIN

 

HOFV (NASDAQ) - First Green Day spiker 71% (could be a one and done / failed spike)

CATALYST:  10q filing, quarterly report

VOLUME = 24M (very unusual)

Below VWAP (BAD)

 

Dip and Rip?

 

DELAYED PANIC DIP, SO I CALLED THIS ONE TOO.  BOTTOMED OUT AROUND 11:52, SMALL $0.10 GAIN

 

VRYYF (OTC) - Plant based alternative foods.

7 day green runner.  May crack soon.  Keep an eye on it.

VOLUME steadily declining past 3 days (1M yesterday). 

HIGH float (72M)  BAD

Resistance at 3.5

Support at 3.3

 

Watch for morning panic, dip buy

 

PANIC DOWN FOR ABOUT 15 MIN.  SUPER LOW VOLUME NO PLAY

 

OIIM (NASDAQ) - 3rd green day

Earnings winner (GOOD)

LOW volume yesterday, loss of 7.77% on day

 NEAR 52 week high of 8.35 in pre-market Thursday

 

RLTR (OTC) - spiked Wed, then Green to Red Thursday.

CATALYST:  NEWS on moving to NASDAQ

VOLUME:  LOW volume Thursday (500K)

 

Watch for morning breakout

 

DID NOTHING, NO VOLUME

 

ALTM (NASDAQ)  - HUGE gain today (200%)

HIGH Price stock ($30) -- TOO HIGH FOR ME, but watch for patterns here.

CATALYST:  EARNINGS WINNER (Nov 5)

VOLUME:  3.3M 3x higher than previously

Closed near HOD.

Could keep going.

 

 DIDN'T DO MUCH TODAY.  BU COULD STILL RUN LATER ON EARNINGS.  KEEP AN EYE ON IT