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Trade of the Week - 8/29/22

Posted on 8/28/22 at 7:33 pm
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5669 posts
Posted on 8/28/22 at 7:33 pm
Congrats to last week's winner, damnlambert going with BTTX which had a 13% weekly gain.
quote:


BTTX

Friday afternoon DNAA (Chamath spac) flew %200+. Ticker change to AKLI monday morning. 227 public float with options. lowest float from a spac ever if i'm not mistaken.

BTTX is the sympathy play. Both are Digital Therapeutics.



Post your ticker for trade of the week and a short explanation (technical or fundamental) why you like it this week.

Largest gain from Monday's open to Friday's close will be crowned the weekly winner. Special props will also be given for the ticker with the highest intraweek pop.

No duplicate tickers; first come first serve.
Long or Short positions welcome.
No option plays.
No OTC stocks.

Deadline to submit your pick is pre-market open tomorrow.

Good luck!
Posted by thelawnwranglers
Member since Sep 2007
42055 posts
Posted on 8/28/22 at 7:41 pm to
I think AMD is oversold

Past results do the opposite of what I do
Posted by ATLsuTiger
Johns Creek
Member since Aug 2009
5669 posts
Posted on 8/28/22 at 7:53 pm to
I'm gonna go with NERV (short)

Purely technical. Up 300% in the last month. Hoping for a gap up open coming off the squeeze hype last Friday, then ride this back below $10 to close the week. Maybe even retest that 200 EMA below $6.

Posted by threeputt
God's Country
Member since Sep 2008
24796 posts
Posted on 8/28/22 at 10:03 pm to
Screw it, I’m riding RXRX again this week. Up almost 12% last week and I think it continues
Posted by lsuoilengr
Member since Aug 2008
5348 posts
Posted on 8/28/22 at 10:07 pm to
TELL - I think they announce FID and stock pope 30%!
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/29/22 at 4:10 am to
SSNT

ETA: About to get a bullish cross. Small pullback right to the 50 on the daily.
This post was edited on 8/29/22 at 4:13 am
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