1) $MCEP Earnings Beat (2.86)
Stock Gapping up +300% do NOT BUY this unless pop at open to $9 with volume then look for a quick push to $10-$11 top it off then look to fade it if this small pops at the open and lower lows set in then the stock should simply be an all-day fader to $4-$4.50 and under nothing more
2) $IDYA partners with GSK on 3 programs (8.95) UP THIN
Stock Gapping up +100% do NOT BUY this unless pop at the open to $18 then look for a quick push to $20 top it off then all day slow fader gap-fill to $9.50 and under if small pop at the open and lower lows set in then look to simply gap fill and fade this to $9.50 and under
3) $IQ TCEHY wants to become largets Shareholder (19.15)
Stock Gapping up +8 would nibble small short $27 area room to $28-$28.50 pop at the open once this pulls and snaps $25 we should get a nice gap-fill pullback to $21-$22 and under, more this pops at the open better the range for profit-taking pullback if you wish to wait for the open and get the $25 pull on it then wait and then chase if for the quick 2-3 points more to the downside
4) $NKLAW up on $NKLA cheaper version of the stock (24.15)
Stock Gapping up +5 like to see this gap fill and sell off back down to $26 and under do not BUY this unless pop at open to $31 with volume then look for a quick push to $32-$33 on it then look for an ideal gap-fill pullback on it for 3-5 points to the downside, this will follow NKLA so have both up this is simply the cheaper version of NKLA
5) $UAL Up on Positive news and Market up huge (39.00)
Stock Gapping UP +4 would take some short at $43 area room to $44+ at the open look for this to gap fill at least 1/2 way back down to $40-$40.50 and under bottom curl it then solid all-day move to the upside. More this pops at the open better the range to the downside for quick short on it
6) $RCL Up on Positive COVID news and Market up Huge (60.83)
Stock Gapping up +8 would take some short here at $68 room to $70 pop at the open would love to see 1/2 gap pullback to $62.50-$63.50 and under then bottom curl it then solid all-day move to the upside, should be fun.
7) $NKLA Gapping up on “stock offering” news, (68.13)
Stock Gapping up +7 would like to see this sell-off and gap-fill back to $67-$69 and under do NOT BUY this unless pop at the open through $72.50-$73 then quick chase for 4-6 points then watch for topping, Be careful with this one Traders, its volatile and spreads are whacked, YOU must sell into pops
8) $BIDU Gapping up on NOKIA news (116.82)
Stock Gapping up +13 would nibble small short here at $129.50 area room to $131 pop at the open once this snaps $126 we will get at least 4-5 points more on the gap-fill pullback then watch for the bottom curl, if you wish to wait for the $126 area to come down first, up to you, but I do think the stock is up way too much so watch for this to pullback, I will be playing this.
9) $URI Gapping up on Market pushing this morning (147.04) up thin
Stock Gapping up +10 would try and nibble some short here at $157 area room to $158-$160 pop at the open would love to see this gap fill back down to $149-$151 area and under then watch for the bottom curl then slow all day move to the upside. This is up a lot so look for the ideal short pullback then bottom curl it stock has a range
10) $BA Gapping up on Market pushing this morning on retail & COVID news (190.94)
Stock Gapping up +19 would take some short at $209 area room to $211 pop at the open then look for the idea gap-fill pullback on it back down to $196-$198 and under bottom curl it then solid all-day move to the upside, more this pops at the open better the range for profit-taking pullback on it, I will be shorting this one, this will be easy money IMO
____________________________________________________________________________
Notable Calls:
$LULU Gapping up on Market pushing (303.05) Gapping up +9 would take some short at the $311-$312 are looking for the small pop at the open to $313-$314 top it off like to see this gap-fill right back down to $305-$306 and under then bottom curl it than solid all-day move to the upside. This should come down nice and then bottom curl, I will be playing this today
$SHOP this should continue to run on yesterday’s positive news (805.47) Gapping up FLAT would not buy unless pop at open to $812.50 then looks for a push to $820-$825 then top it off then look for a nice 10-15 point gap-fill pullback on it then look for solid all day move back to pre-market highs or more. This should be fun, the stock has range, I’d like to see this hit $835-$845 today
$WW update on Subs up 7% yr/yr (25.29) Gapping up +4 would take some short at the $29 level room to $30.50+ pop at the open look for this to gap-fill sell off back down to $26 and under, more this pops at the open better the range to the downside, this is up thin so it should give back quick and then $26 and under watch for the bottom curl on it then slowly move to the upside
Copyright © 2021 by AwesomeCalls LLC
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
