1) $CAAS shipped 120k units EV products to China (3.83) Everyone in small cap chats will be playing
Stock Gapping up 100% do not long unless pop at the open to $7.80 with 1.4million and up on volume then look for quick 1-2 pt push then watch for topping on it and slow fader if this snaps $6.50 at the open chase it down to $4.50-$5 and then watch for bottom curl and slow move to the upside This is a former runner so stock should play out nicely today watch the short traps I will point them out if I see
2) $APXT Covid related news (14.20)
Stock Gapping up +2.00 do not long unless pop at the open to $16.80 clear that then look for quick 1-2 pts push to the upside then watch for topping if this small pops at the open and lower lows set in look for the stock to simply gap fill back to $14.50-$15 and under then bottom curl it and slow all day move to the upside
3) $NGA merger commitment with Lion Electric for 200 million in a PIPE (13.04)
Stock Gapping up +3.50 do not long unless pop at the open to $17 clear that then quick move to $18-$19+ then watch for topping if this small pops at the open and snaps $14.50 look for a quick pull .50-1.00 cover then bottom curl it and slow all day move back to pre-market highs
4) $NKLA Finally got a deal with GM unfortunately NOT the same Terms at all (27.93)
Stock Gapping down -6.00 do not do not long unless pop at the open to $24 clear that then quick 2-3 pt short-covering pop then be done with it on the long side, if this snaps at the open watch the $18.50-$20 area for bottom curl and nail it on the short-covering squeeze to $23-$24 then be done with it
5) $QS Moving up on Bitcoin surge (37.00)
Stock Gapping up +9.00 do not long at this point unless pop at the open to $46.50 clear that then quick 2-4 pt move to the upside towards $50 then watch for topping, if this snaps at the open watch the $43 are then pull it down to $39-$41 area and bottom curl it and slow all day move to the upside
6) $NVAX getting hit on $MRNA news (125.69)
Stock Gapping down -11.00 I love the $114 move this morning bounce to $120 already, now wait for a pop at the open to $122 clear that then quick move to $130+ then watch for topping, if this snaps at the open watch the $110-$112 area for bottom curl and slow all day move to the upside more it pulls better the range to the upside on it
7) $MRNA MORE positive news on their Vaccine (127.03)
Stock Gapping up +18 do not long this unless pop at the open to $146 clear that then look for quick move to $150-$155 then watch for topping on it, if this snaps at the open watch the $140 area then short it take it down 5-8 pts to the downside then bottom curl and slow all day move to the upside.
8) $MSTR Gapping up on Friday’s long at $250 with Bitcoin surge (271.26)
Stock Gapping up +29 do not long this unless pop at the open to $310 clear that then look for 10-12 pt push to the upside otherwise if this snaps $298 at the open chase it down 10-15 pts on the short side then bottom curl it and slow all day move to the upside back to pre-market highs
9) $ZM another day of fun (471.61)
Stock Gapping up +14 do not long unless pop at the open to $488 clear that then quick 5-10 pts push through $495-$500 on it then watch for topping then look to short it and gap fill it back down if this snaps $480 at the open look for sell off back down to $469-$472 and under then look for bottom curl and slow all day move to the upside on it for nice range
10) $TSLA another Great day of fun (585.76)
Stock Gapping up +20 do not long unless pop at the open to $605.50 clear that then quick move to $610-$612 then watch for topping on it then lean into it short, if this snaps $597.50 at the open chase it down to $590-$592 and under and bottom curl it and slow all day move to the upside on it
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Notable Calls:
$SHOP incredible on-line sales this weekend (1034.39) Gapping up +12 do not long this unless pop at the open to $1052 clear that then look for move 10-15 pts to the upside then scale in short on it, if this snaps at the open watch the $1029-$1032 area for bottom curl and slow all day move to the upside
$JMIA gapping down on Friday’s short idea (36.89) Gapping down -4.00 I like the $33 area for pre-market long for quick 1-2 pts or more on short-covering, if this snaps at the open watch the $30-$31 then bottom curl it and bounce it for 2-4 pts on short-covering squeeze should be fun
$SNOW gapping up on Earnings coming out (328.79) Gapping up +14 do not long unless pop at the open to $343.50 clear that then quick 5-10 pts then watch for topping for solid short if this snaps at $338 chase it down to $330-$332 and bottom curl it and slow all day move to the upside back to highs
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