1) $UIS to sell Federal Business unit for 1.2 Billion to SAIC (11.10) BIG for $UIS
Stock Gapping up +3.5 I’d like to see this thing run to $17-$20+ before any kind of pullback on it, if this snaps $15 at the open we get a few points to the downside, but no way this gap fills IMO
2) $WWE Earnings Miss (49.00)
Stock Gapping down -$10 would nibble small long around the $39 area look for 2-3 point push on it then look to fade it for the day, higher it goes off that $39 level if we get lucky and see $45 level great more to short it, IMO I would love to see this pull to $35 level and we bounce it nice
3) $RAMP Earnings Beat (41.40)
Stock Gapping up +4.50 with NO MM’s on it yet like to see small pop at the open towards $47-$48 area top it off then look to gap-fill fade this back down to $43 area and under on profit-taking. More it pops better the fade stock is thin, so it should give up quick Snaps $45 we get that pullback on it we want
4) $ARWR Earnings beat also reports positive clinical data (43.72) NOTE $ARWR fill there gaps
Stock Gapping up +4 this is nothing more then a pop and fade back to $44 and under, higher it goes better the range for us to the downside, stock can never ever hold there gains, if this snaps at open to $44-$44.25 and under would bottom curl it then slow all day move to the upside
5) $PTCT Getting hit on Genetech Sunfish showed positive results (53.88)
Stock Gapping down -$6.88 would nibble small long at $47 area room to $45 pull at the open think this will rebound back to $50+ then grind out, more it pulls better the range for us to the upside
6) $MBUU Earnings Beat (46.66)
Stock Gapping up +$5 IMO this should simply gap fill back down to $47-$48 and under although they beat and raised, this stock is thin and a lot of bagholders want out on this one if this pops again at open to $55-$57 areas watch the topping on it and look to fade the stock should be quick
7) $CAH Earnings Beat (52.68)
Stock Gapping up +$4 like to see a little more pop at the open towards $57.50-$58.50 top it off then look to gap-fill fade this back to $54-$54.50 on profit-taking, a lot of bagholders on this one, so expect a decent pullback on it. More it pops towards that $60 area IF IT COMES more I want to lean into it short, they raise on guidance but not a huge, expect a push at open
8) $TWLO Earnings Miss Multiple analyst indicating to BUY BUY BUY the weakness (127.15)
Stock Gapping down -$6 would nibble small long at $121 level room to $119 bottom curl it and then look for this to retrace back to $124-$125+ levels, more this pulls better the range to the upside, so start small, if you want to wait to see a $122+ pop at the open then chase it, then nail it for a few quick points to the upside
9) $BDX Earnings Miss (285.99) I will be playing this today!!!!!
Stock Gapping down -$26 like to see push at the open to $260+ at the open then chase a few for quick move to $272-$275+ area then look to fade it back down if this snaps hard at the open watch the $250-$255 area bottom curl it and shorts should come in and cover this for a 10+point move to the upside
10) $BIIB Gapping up way too much on yesterday’s news (332.87)
Stock Gapping up +11 IMO this is nothing more then a pop and fade back to $330 and under, so if you want to take small short now at $343 area room to $345+ at the open watch for topping once this breaks $337 area stock should give us another 5-7 points or more to the downside. Analyst is saying to sell the news, so be wary of this.
$TSLA Gapping down this morning on profit-taking (734.70) I WILL BE PLAYING THIS TODAY! Do not buy this unless we get a push at open to $720 area then we get quick 10-20 points on it and be done with it if this snaps at open hard watch the $680-$690 area bottom curl it then nails it for 15-25 points to the upside. Be patient with this, do NOT go crazy let it set up.
$CDAY Earnings miss downside guidance (73.43) Gapping down -$8 would like to see small push at open to $66-$68 area top it off and look for all-day fader on it, if this snaps look for a pullback to $60-$62 area bottom curl it and nail it for 4-6 points on short-covering then be done with it
$ELF Nice beat and raises guidance (17.34) Gapping up 1.95 stock has been bought up last 5-7 days so look for a quick push towards $20 and watch for topping, IMO this doesn’t hold and we get a nice fade on the stock to $18 and under
$FNKO Earnings Disaster BofA out with a $10PT (15.50) do not buy this crap unless you see a $10-$10.50 push at the open then quick move to $11-$12 top it off and all day fader, if small pop at the open and lower lows set in look for this to fade to $8 today on it
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