1) $CBAT Gapping up NO REAL NEWS I could locate on 3 scanners (3.97) Former runner
Stock Gapping up +2.00 do not long this unless pop at the open to $5.80 with a 1.2-1.4million buyer then look for quick .50-1.00 then watch for topping imo this should simply small pop at the open then look for an all day slow bleeder gap fill back to $4-$4.25 and under on it
2) $NIU Citi upgrades to BUY with a $40 PT (31.86)
Stock Gapping up +3.50 do not long this unless pop at the open to $35.25 clear that then quick move to $37-$38 then watch for topping imo this should simply gap fill to $32-$32.25 and under so I will be eyeing the $33.50 area to chase it short down for 1-2 pts then play the long side on it
3) $FTCH Beautiful Earnings Beat (43.21)
Stock Gapping up +6 do not long this unless pop at the open to $49.25 area then look for quick 2-3 pt move to the upside otherwise small pop at the open snaps $48 area look for nice 2-4 pt sell-off on it for quick money then bottom curl it slow move to the upside
4) $LI Huge Earnings Beat (31.78)
Stock Gapping up +7 do not long this unless pop at the open to $39 clear that then qucik move to $41-$43 area then watch for topping, if this snaps at the open hard watch the gap fill pull to $33.50-$34.50 and under then bottom curl it and slow all day move to the upside this will NOT gap fill imo
5) $XPEV Following LI Huge Beat (44.73)
Stock Gapping up +4 do not long unless pop at the open to $48.50 clear that then quick move to $50-$51 then watch for topping, if this snaps at the open watch the $44.75-$45.25 and under for bottom curl and slow all day move to the upside
6) $DKNG Great Beat with upside guidance (41.25)
Stock Gapping up +5 do not long unless pop at the open to $46.50 clear that then look for solid 3-5 pts to the upside then watch for topping, if this snaps at the open watch the $44.50 area chase some short take it down to $43 and under bottom curl it and slow move to the upside
7) $NIO Gapping up on $LI Huge Beat (48.30)
Stock Gapping up +4 do not long unless pop at open to 52.25 with volume get that then look for nice 2-3 pt push off of that before we see any topping, if this snaps at the open and we get $49-$49.50 and under watch for bottom curl and solid slow move to the upside to highs
8) $FSLY Commerce says won’t enforce TikTok Shutdown (76.24)
Stock Gapping up +5 do not long unless pop at the open to $81 clear that then look for 3-4 pts more to the upside then watch for topping then slow fader back down 3-5 pts, if this snaps at the open watch the $78 and under area bottom curl it and solid all day move to the upside
9) $PDD Continuation from yesterday (134.21)
Stock Gapping up +7 do not long unless pop at the open to $142 clear that then quick move to $144-$146 then watch for topping, if this snaps at the open to $139 chase some short down to $136-$137 then bottom curl it, for me I want the short side of this trade like yesterday
10) $ADSK Raises guidance for Q3 (245.71) Up thin No MM’s on it
Stock Gapping up +10 do not buy unless solid pop at the open to $256.50 clear that then look for a move to $260-$262 then watch for topping, For me I would love to short this gap so if small pop at the open breaks $254 I will be looking to short this back down on gap fill back to $247-$248 and under
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Notable Calls:
$NVDA Wants to play today (538.27) Gapping up +8 do not long unless pop at the open to $546.50 clear that then look for solid 5-7 pts to the upside or more then watch for topping, if this snaps at the open watch the $533-$535 and under bottom curl and slow move to the upside
$ZM Wants to play today (428.64) Gapping down -6 do not long unless oop at the open to $426 then look for push to $435-$437 then watch for topping on it, if this snaps at the open watch the $405-$410 and under for bottom curl and look for solid 10-15 pt move to the upside
$BIGC Cit is out with a SELL rating and $65 PT +5million Offering at $68 (73.32) Gapping down -6 do not buy this unless pop at the open to $70 then quick 1-2 pt squeeze then look for all day fader to $65-$67 a share if small pop and lower lows set in look for this to simply fade off all day
$DIS surprise Earnings Beat (135.52) Gapping up +$5 do not long unless pop at the open to $141 look for quick 2-4 pt push on a squeese then top if off and gap fill fade 3-5 pts to the downside, if this snaps $139.50 at the open chase look to pull down 2 more points then cover look to long it
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