1) $ABVC Gapping up on last weeks news (2.54)
Stock Gapping up +6.00 do not long unless pop at the open to $11 area with decent volume then look for nice 3-4 pt quick squeeze on it potentially into a halt then few more pts then we fade it otherwise small pop at the open lower lows set in and snaps $5 then all day slow bleeder back down to $3 and under
2) $BTTX another day another gap up (9.30)
Stock Gapping up +5.00 do not long unless pop at the open to $18 then look for nice 3-4 pt squeeze on it potentially into a nice halt then look for nice runner for a few more pts otherwise small pop lower lows set in snaps $12 then slow gap fill fade to $10 and under
3) $CMTL receives 790 million Take over Offer (21.57)
Stock Gapping up +4.50 do not long unless pop at the open to $26.50 then look for nice 1-3 pt push to the upside then watch for topping if this small pops at the open then sells off to $24 then look for an all day slow gap fill fade to $22-$22.50 and under then be done with it
4) $LCID weekend deliveries up (36.99)
Stock Gapping up +3.00 I will be playing this today 1 and done……do not long unless pop at the open to $40.50 with volume then look for solid 2-3 pt push to the upside then watch for topping if this small pops and then snaps down to $38 then look for 1-3 pt sell off on it then bottom curl and bounce it
5) $ANIP FDA approval of Purified (37.38)
Stock Gapping up +6.00 do not long unless pop at the open to $46 then look for solid 2-3 pt push to the upside then watch for topping if this snaps $41 at the open then look for slow gap fill fade to $38-$38.50 and under then bottom curl and slow move to the upside
6) $VALN Friday’s offering gapping up this morning (44.61)
Stock Gapping up +5.00 do not long unless pop at the open to $49.50 then look for solid 2-3 pt push to the upside otherwise small pop and lower lows set in and then look to fade it back down to $45-$45.50 and under then bottom curl and bounce it for all day slow move to the upside
7) $ON Earnings Beat (48.07)
Stock Gapping up +3.50 do not long unless pop at the open to $52.50 then look for nice 2-3 pt push to the upside then all day fader on it, if this snaps $50 at the open then flush it down 1-1.5 pt sell off then bottom curl and bounce it for an all day slow move to the upside
8) $NVAX secures EUA in Indonesia (148.63)
Stock Gapping up +11.00 do not long unless pop at the open to $165 with some decent push then look for nice 5-10 pt push to the upside then watch for topping IMO this should simply pop and all day slow fader back down to $150-$152 and under then small bounce on it
9) $MRNA Gapping down this morning (345.21)
Stock Gapping down -10.00 do not long unless pop at the open to $337.50 then look for nice 4-6 pt push to the upside then watch for topping if this snaps $333 at the open then look for nice 7-10 pt sell off on it then bottom curl and bounce it.
10) $TSLA another day of fun (1114.00)
Stock Gapping up +22.00 do not long unless pop at the open to $1150 then look for nice 12-18 pt push to the upside then watch for topping on it, if this snaps $1120 at the open then look for nice 10-15 pt sell off on it then watch for bottom curl and bounce it
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Extra Calls:
$CRWD Tier 2 analyst cuts to neutral (281.80)
Gapping down -6.00 do not long unless pop at the open to $278 then look for nice 2-4 pt push to the upside then watch for topping if this snaps $273 at the open let it sell off 3-6 pts then watch for bottom curl and bounce it
$GFS Lat weeks IPO gapping up (48.74)
Gapping up +4.00 do not long unless pop at the open to $54 then look for nice 3-5 pt push to the upside then watch for topping if this snaps $52 at the open then look for nice 3-5 pt sell off then watch for bottom curl and bounce it
$LAUR can’t locate news (17.32)
Gapping down -7.10 do not long unless pop at the open to $10.75 then look for solid 2-3 pt push to the upside otherwise wait for the flush to $$8.50-$9 then look for solid bounce off the bottom for pts
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