1) $SLDB FDA has lifted the clinical hold on IGNITE (2.03) Up thick this morning w/volume
Stock Gapping up +3.20 do not long this unless pop at the open to $5.50 with volume clear that then you get another 1-1.5pts push to the upside and be done with it, I will be playing this with size if I see that push hard at the open if this small pops and lower lows set in and cracks $4.50 bring it down to $3.5-$4 area watch carefully for bottom curl and consolidation and from there I think we take off again to towards $6 or more I will be playing this today.
2) $ENLV Positive COVID Test results (5.94)
Stock Gapping up +100% do not long this unless pop at the open to $11.50 clear that then we go to $13-$14 for quick money, I will be playing this if this does this, then I will be out this will be my 1 and done if it gets pushing if this small pops and lower lows set in and breaks $9 then look for an all-day slow fader back down to $6.50-$7 and under and be done with it
3) $AMAG Per Rumor talks about being acquired (9.40)
Stock Gapping up +4.00 IMO this should simply gap-fill right back to $10-$10.50 and under so do not long this unless pop at the open to $13.60 clear that then quick move for .50-1.00 then watch for topping and slow all day fader on it, if this snaps $12.75 at the open chase it short there and let it flush down to $10.50 and under and be done with it
4) BBBY Earnings Beat mostly on-line sales no doubt (14.98)
Stock Gapping up +4.00 do not long this unless pop at the open to $19 clear that then we get another push towards $20+ then watch for topping on it if this snaps $17.50 at the open chase some short for 1-2pts to the downside then bottom curl it and solid all day move to the upside IMO this will not gap fill at all so don’t wait for that just get the couple points when it decides to pullback and be down with it short
5) $PLL another day of fun on it (23.42) This thing won’t die or go away
Stock Gapping up +2.20 do not long this unless pop at the open to $26.25 clear that then go to $27.50-$28 on it top it off then look for the ideal short pullback on it right back to $22-$23 and under if this snaps big at the open watch the $22-$23 area for bottom curl and solid move for 2-3pts to the upside
6) $NKLA Gapping up on nothing but momentum (20.48)
Stock Gapping up +3 do not long this unless pop at the open to $23 clear that then get quick 1-1.5pts then look for the topping on it and nail it short for solid 2-3pts with size to the downside if this snaps $21.50 and the open chase it short for another .50-1.00 gap fill it then bottom curl it and slow all day move to the upside
7) $SNOW another day of fun (251.00)
Stock Gapping up +6 do not buy this unless pop at the open to $256.50 then clear that then quick move to $260-$265 on it then watch for topping and slow fader back down to $250 and under, if this snaps hard at the open watch the $240-$245 area for bottom curl then let shorts squeeze it right back up for quick 5-10pts to the upside
8) $TSLA another day of fun (429.01)
Stock Gappping up +11 do not long this unless pop at the open to $442 clear that then get another 2-4pts to the upside then watch for the ideal gap-fill pullback to $432-$434 and under, if this snaps at the open watch the $432-$434 and under then bottom curl it and slow all day move to the upside should be fun
9) $ZM another day of fun (470.11)
Stock Gapping up +8 do not long this unless pop at the open to $477.50 clear that then you get another 5-10pts push to the upside on it then look for a nice 10-12pt pullback on it for nice short if this yanks right at the open to $460-$465 and under bottom curl it and slow all day move to the upside.
10) $SHOP another day of fun (1022.97)
Stock Gapping up +12 do not long this unless pop at the open to $1035 clear that then quick move 10-15pts more to the upside then watch for topping on it and slow move to the downside, if this yanks right at the open hard to $1015-$1020 and under watch for bottom curl and slow all day move to the upside. should be fun today with range on its way to $1100+
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Notable Calls:
$NFLX Market gapping up should be fun (500.03) Gapping up +7 do not long this unless pop at the open to $510 clear that then get another 5-7pts to the upside then look for the ideal gap-fill sell-off to $499-$501 and under then bottom curl it and solid all day move to the upside, if this yanks right at the open to $499-$501 watch for bottom curl and slow all day move to the upside
$NVDA Should be fun today (541.22) Gapping up +10 do not long this unless pop at the open to $553 clear that then quick move 5-8pts to the upside then watch for some topping and slow gap-fill fade right back to $543-$545 and under then bottom curl and slow all day move to the upside. if this yanks at the open to $543-$545 and under bottom curl it and solid all day move to the upside
$ADES Gapping up on long term supply agreement with CBT (4.06) Gapping up +1.50 do not long this unless pop at the open to $6.10 clear that then go to $7-$7.25 then be done with it and watch for topping then all day slow fader back down to $4,50 and under if this small pops at the open and breaks $5.60 scale in short for an all-day slow fader to $4.50 and under
$DKNG Upgrade to buy with Needham with $70 PT + $100 PT on a small Boutique (58.84) Gapping up +3.50 do not long this unless pop at the open to $62.50 clear that then you get to $64-$65 top it off then look for the ideal gap-fill pullback to $60 and under then bottom curl it and slow all day move to the upside if this yanks right at the open to $60 and undergo long on it for an all-day slow move to the upside
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