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TICKER |
SETUP |
PLAN |
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$SPI
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Short into morning strength |
Absolutely ridiculous non-sense. Early shorts got killed, and this ran up like crazy. No play for me though, as I was too scared to short, and even more scared to buy. Would love for a nice big spike tomorrow, in which case I would look to short around 2.50 or 3.00 if it can get up there. |
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$BTCS
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Possible quick long for a morning spike |
Had my biggest gain ever this morning on this junker. Just under 9k gain on 100k shares that I had from .074 average the day before. Sold in several chunks and nearly dead-topped it. This trade pushed me passed 100k in profits, so I was pretty damn happy today. Thank you Bitcoin! BTC/USD then proceeded to drop hard, and though this dropped as well, recovered and closed decently mid-range and still green on the day. Right now (11pm AZ time), Bitcoin is right back up and looking to possibly have another strong day. If it is still rocking in the AM, I may get in quickly on a gap up, but will be very conservative. |
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$DOLV |
Possible OTC b/o long |
Low priced OTC broke out over multi week resistance two days ago. It then double topped the following day, but is still holding up just underneath that double top level of .092. Would look for possible long on break of that level for b/o |
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$ADPTQ |
Possible short |
Since filing for BK/moving to the ol' OTC, this has been grinding up for the last several weeks, from .20 all the way up to the low 2's today. Would love a short around 2.50s tomorrow, but the higher the better. |
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$TCS |
Possible earnings winner long. |
Still holding up after reporting good earnings, but has failed to truly break away. Two daily candles that show real uncertainty as to the direction that this is heading, but I would really like a long on a break of 6. Would also look to dip buy on any sort of nice panic. We will see... Maybe day 4, which is next Tuesday. |
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$GSAT |
Buyout rumor speculative long play for weekend |
I have been buying this on Fridays and dumping on Mondays lol. Not huge positions, but doesn't move quickly either, so my risk has been minimal. I will most likely grab myself some shares before close tomorrow, or hopefully on any sort of dip. I don'tusually play these, but I'm ok with it. |
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$PLSE |
Possible short into multi-month resistance |
Higher priced bio that is only up due to billionaire investor. After dropping nearly 10$/share in early April, this has crept back up towards that 35/36 level. I would look to short this if it gets back up there tomorrow, risking off 35.93. |
Hey man, thanks a lot for these, very much appreciated, one question if you don't mind: how did you find out about btcs? Or how did you know that it was going to spike? Thank you
@firroo_g No problem! I have actually been watching GBTC for quite a while, and following the bitcoin madness. A couple weeks back, I just did a quick search on all stocks related to bitcoin, and threw them on a watchlist. That is how I initially found it, but Tim also gave an alert in the challenge chatroom as well.
Thank you very much for the response, God bless!
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