iBankCoin
Joined Jan 27, 2008
7,401 Blog Posts

Tesla Just Won’t Die

$TSLA is once again on our high volume scan showing the EV world once again who is king. My question though, with Elon selling a few tranches of TSLA stock, who is buying up here? Shorts continued to get fried….

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TSLA does not interest me at a trillion dollar valuation. But, I noticed $RMO back on scan this morning. This EV related name has been beat to a pulp while the rest of the industry levitates, and I’m in for a quick trade here– all noted realtime in Stocklabs. Let’s see if we can get some juice here:

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Earnings Breakouts

Today’s scan is lighting up with some big movers on big earnings beats. It’s not often we see a names like $HD on a high volume scan, but this is exactly what we have today, along with LOW.

Besides those two rockets, $RKLB also had a nice quarter and is setting up for a move up and to the right:

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Here is your morning scan: CLICK HERE FOR CHARTS

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Social Media and The Metaverse Collide

Social media has found it’s footing to start the week with $FB, $TWTR, & $SNAP all on our top rated scan in Stocklabs. I’ve had a number of successful trades in FB as of late as it appears the rebranding to the metaverse has been a positive. $MTTR, another metaverse play that needs to be on your radar, is also breaking out this morning. Here is your Monday morning scan:
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For the full screen, here is the import dump to finviz: CLICK HERE FOR CHARTS

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Cannabis Lights The Way

…at least to start the day. $TLRY, $CGC, and the rest of the gang are breaking some serious downtrends, and lighting up the morning scans. Here’s a look at the opening action:

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I think the trade can grow legs throughout the day, the overnight scan is already littered with the usual suspects….

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Happy Friday Everyone! Let’s make it a good day!

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$GPRO BACK UNDER THE TREE

GPRO is heating back up for the holidays, landing on the top rated delta scan inside Stocklabs once again this morning. The stock is breaking out, back into double digits, and looks poised to squeeze a few shorts into the holidays.

$10 is that magic level you want to see hold to remain bullish on the stock. Otherwise, a break back into single digits will look like another miserable failed breakout, so play it tight.

Other tickers to watch today include: CLICK HERE FOR CHARTS

Trade ’em well today….

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METAVERSE ON THE MOVE

I have to make this brief as I have a conference to attend to this weekend, but the once hated stock of $FB is turning around on the rebrand to the metaverse.

On the news last week, I immediately got long in my swing account. I’m looking for a big breakout here as we trade through some key moving averages. Indeed, the turn is here.

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As an aside, $VUZI which makes smart glasses for the metaverse, is building a bullish flag. This former Cathy Wood favorite looks poised to make a move to $20:

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