1) $PED Former Runner exchange offer to Acquire All shares of SandRidge Trust (1.34)
Stock Gaping up +1.75 do not long this unless pop at the open with volume at $3 then quick move to $3.50-$4+ then watch for topping we need volume on this but there are a dozen small caps moving this morning, if no volume kicks in look for this to small pop and lower lows to set in then look for solid fader back down to $1.50 and under

2) $LOOP Hindenburgh Latest SHORT Idea (11.61)
Stock Gaping down -4 look for shorts to want to cover on this and new short sellers wanting to get in, I would nibble small long at $7.75 area room to $8 stops at $7.35 I like to see shorts cover and squeeze this at the open to $9.00-$9.50+ then we can watch for topping, if this snaps and we see $6.50–$7 watch for shorts to come in and cover this some I will be playing this on the long side now that its down -4pts

3) $PECK awarded 7.6million in Contracts froam a 10.5MW Portfolio (8.44)
Stock Gaping up +1.30 do not long this unless pop at the open to $10 clear that then solid move to $11-$11.50 or more then watch for topping if this small pops at the open and snaps $9.25 look for this to simply gap fill all the way back to $8.60 and under

4) FL BofA double upgrades to BUY from Underperform from $20 to “$50” (37.59)
Stock Gaping up +1.50 I like this upgrade alot, do not long this unless pop at the open to $39.75 then look for quick move .75-1.50 or more the watch for topping and let this gap fill a little, I would prefer a small pullback at the open to $38 and under then bottom curl and long it all day towards $41-$42 or more, this is a BIG upgrade from BofA today

5) $INMD Earnings Beat (39.13)
Stock Gaping up +7 do not long this unless pop at the open to $48 clear that then solid move to $50-$52+ then watch for topping on it then look for this to slow gap fill fade back down for 5-8pts or more, if this snaps $44 at the open chase some short gap fill it to $40-$41 then bottom curl it and slow all day move to the upside

6) $EBS getting hurt on the JNJ News (111.47)
Stock Gaping down -15 I love the long at $97 would wait for a $98 push get that look for a move to $105-$106+ then be done with it on the long side, if this pulls at the open watch the $932-$94 area for bottom curl and solid short covering squeeze right back to $100+

7) $DIS shifting focus on its DTC Business reorganizing as well (124.97)
Stock Gaping up +6 do not long this unless pop at the open to $130 clear that then get 2-3 more points to the upside then watch for topping, Wall Street has been waiting for $DIS to do something, if this small pops and yanks and pulls under $129 look to flush it down to $127 and under then bottom curl it and slow all day move to the upside

8) $BYND downgrade to Underperform from Bernstein to $136 Tier 2/3 firm (192.30)
Stock Gaping down -8 do not long this unless pop at the open to $185.50 clear that then quick move to $187-$188 then top it off then look for an all day slow fader back down to pre-market lows, if this pulls at the open hard watch the $178-$180 and under then bottom curl it and slow move to the upside for 4-6pts or more

9) $NVDA another day of fun on its way to $600+ (569.04)
Stock Gaping up +5 do not buy this unless pop at the open to $576 clear that then look for solid push to $580-$585 then watch for topping on it and slow fade for 5-7pts or more to the downside, if this flushes at the open and pulls look for a move to $564-$566 and under then bottom curl and slow all day move to the upside

10) $BLK Earnings Beat (614.89) Up thin
Stock Gaping up +30 do not buy this unless pop at the open to $650 clear that then quick 5-10 point move or more to the upside then watch for topping on it, if this pulls at the open to $630 let it flush down 5-10 more points for quick money then bottom curl it for slow all day move to the upside on it

____________________________________________________________________________
Notable Calls:

$TSLA another day of fun (442.30) Gaping Flat do not buy unless pop at the open to $443 clear that the solid move to $446-$448 then watch for topping on it, if this flushes at the open watch the $435-$437 and under then bottom curl it and solid all day move to the upside to pre-market highs

$ZM another day of fun (491.54) Gaping up +3.5 do not long this unless pop at the open to $495 clear that then solid move for 5-10pts back to $505+ then watch for topping if this flushes watch the $484-$486 and under the bottom curl and and look to squeeze it for 5-10pts or more to the upside

$MDGS Former runner (1.89) Gaping up +1.11 do not long this unless this pops at the open to $3.30 with Volume of 1-1.4million or more then quick push for .50-1 then be done with it, if this small pops at the open and snaps $2.80 look for the stock to simply fade all the way back to $2 and under and be done with it

$ALT Gaping up this morning again (12.60) Gaping up +2.00 do not long this at all unless pop at the open to $14.80 clear that then quick move for 1-1.5pts the top it off then slow fader gap fill, if this small pops at the open and lower lows set in and this flushes to $13.80 look for full gap fill to $12.80 and under and be done with it, $ALT always fills there gaps

Copyright © 2020 by Awesomecalls Inc.

No part of this content may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of the publisher. Full legal action will be taken. ALL RIGHTS RESERVED