Tough trading week for me but learned a lot about myself and what type of strict rules I need to start following. All week I basically took trades that were not my setups. I trade best in the afternoon on stocks that have consolidated and hold their highs. I won't be trading much in the morning anymore unless they are panic dip buys on OTC's or they're 5/5 overextended stocks where I can play puts. I wrote down all my rules and I'll be looking to stick to them when I am deciding whether or not to enter into a trade. 

 

OTC's:

TSNP FORW and SIRC are two higher priced OTC's that are very over extended. I won't chase any of these on the upside if they decide to go more. Only panic dip buys here. 

ENZC and ALYI are lower priced OTC's that are also getting over extended and will also be nice panic dip buys sometime this coming week

AITX, MCOA and OZSC are three stocks I'll be watching for breakout attempts at some point this week it they can get good volume and price action. I'll only be taking position if they prove themselves and hold highs into the afternoons. 

There are a lot more OTC's that have broken out and are over extended but I feel that these are the ones that will give me the best opportunities. 

 

Listed:

OCGN is a lower float stock that made big moves on Friday squeezing a lot of shorts mid day and afterhours. Could see some fireworks Monday if it holds up and decides to squeeze shorts higher. Like the OTC's I'll be waiting until the afternoons to see if they prove themselves and try to breakout of consolidation areas and make new highs.  

CRTM XELA and CLVS are low priced low float stocks that could make a breakout run they can get the volume and squeeze some shorts. 

 

Options:

NVAX is still hanging near its highs. I'll be assuming a lot of shorts are trapped and this could see 350's if it decides to run through 300. Its so over extended as it is that I won't try to catch any of the upside if it decides to go and I'll wait for the backside. 

TLRY continues to also consolidate after its breakout to new highs last week. They have a 52% short float so Ill be keeping this on close watch for more upside and possible squeezing. 

PLUG has been consolidating for a couple weeks. If TSLA can get going we could see a breakout through it highs. 

FUBO has bounced a lot off its lows but they have a short float of 75% so I'm sure shorts have piled into this thinking it can't go any higher. Ill be watching this for possible squeezing through highs if it starts going.