Red day today for me but it was only -240$ so kept it small. What did me in today was trying to play PLTR for a breakout. I have a really bad tendency of getting into options wayyyy too early and I did just that. Lost 250 pretty quick in the morning and then later on in the morning got back in as it was holding vwap. The big market correction scared me out though and I was down 450 to start the morning. ALYI offered a good trade late in the day on some good price action. I ended up selling my position b/c the price action at one point looked weak. It ended up closing near its highs lol. But I was happy with my gains. OTC's are going to be hot tomorrow with a lot of over extended plays. Here are the ones I'll be watching.
OTC's:
SNPW went all the way up to .21 today! I thought it was up too much at .10 but this market just keeps getting crazier by the day. I'll only look for a big morning panic tomorrow and catch the dips.
OZSC was similar to SNPW in that it too went full supernova. This one will be a perfect candidate for a morning panic and a dip buy opportunity.
SING is another over extended low priced stock that could give a good panic tomorrow.
AMLM will be more on the back burner for me since its a little higher priced OTC and most of my focus will be on SNPW and OZSC but I'll be watching it for a panic as well.
AXXA put in a really nice strong green day today and closed near its multi month breakout area. I'll wait for it to get through the breakout area and see if it can hold the breakout with good price action and volume.
I traded ALYI into power hour but got scared out from some weak price action. I'll look for a gap up and a dip toward r/g level so I can get in with tight risk if there is a slight pullback at the open.
AITX also had a multi month breakout. Could see more continuation tomorrow.
OPTI was one that I missed today but this one had some great price action and good volume into close. It closed right above a multi month breakout level so this will be on close watch for continuation.
Options:
Even though I lost on PLTR today I'll still keep it on watch as it held the breakout and finished half way decently after the big market sell off late morning.
GME has been the big performer these past couple days as shorts have been getting CRUSHED. It finally looks like its over and has come down a lot from the run up. I'll see what pre market action looks like tomorrow and possibly try to put together a plan to buy PUTS at some point. If not I don't mind missing it.
TSLA could definitely be setting up to make a run for 1000 as it just kissed 900 today before the markets sold off hard. If pre market is strong tomorrow I'll look to buy CALLS and take a small position for a run toward 1000.
Watching And Analyzing!
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