1) $PLAN Goldman out with a BUY rating and $62 PT (50.47)
Stock Gapping up +$2.90 I’d like to see this small pop at the open towards $54-$55 then look for this to gap fill back to $51-$51.50 and under bottom curl then slow move back to pre-market highs, I would love for this to full gap fill, but with market being strong I don’t see it. More it pops better the range for the short to fill some of the gap
2) $AMD Strong on Positive China News along with $MU (30.32)
Stock Gapping up +$1.80 would nibble small short at $32 area room to $33 pop at the open if it comes looking for this to gap fill to $30.50-$30.75 and under bottom curl it then slow move back to highs as long as market holds this gap this should resume back to highs
3) $MU STRONG on Positive China News along with $AMD (38.59)
Stock Gapping +$3 would actually very small nibble short $41.10 area room to $43 pop at the open once this snaps $40.50 this should give back to $39-$39.25 area bottom curl then slow move back to highs, if this snaps and gap fills to $39 area bottom curl it then slow move back to highs
4) $ADPT Thursday’s IPO still strong today (48.30)
Stock Gapping up +$3.5 would nibble some SHORT here at $51 area room to $52-$53 if it comes look for this to gap fill to $49-$49.50 and under bottom curl it then slow move to the upside this will be fun but fast once it settles it will trade side ways and the play is over
5) $BZUN Positive China Talks (49.86)
Stock Gapping up +3 like to see this small pop at the open towards $53.50-$54.50 if it comes top it off then slow fader to $50.00-$50.50 and under bottom curl then slow all day move back to highs, if this yanks at the open watch the $50 area for a long bottom curl it then back to pre-market highs
6) $MOMO Positive China Talks (35.80)
Stock Gaping up +$1.72 like to see small pop at the open towards $38-$38.75+ watch for topping then gap fill sell off to $36.50 and under, if this yanks at the open watch $36.25-$36.50 area bottom curl it then slow all day move to the upside
7) $ZM Goldman out with a SELL rating and $66PT (88.79)
Stock Gapping down -$3 I like to see this pullback to $82-$84 and under then rip right back to $86-$87 then top it off then slow fader back to lows, if this gap fills right at the open towards $87-$88+ top it off then look for all day fader remember this is Goldman Sachs they do opposite on sell ratings so watch the gap fill
8) $LITE Positive China Talks (53.41)
Stock Gapping +$4 I like to see small pop at the open towards $58-$59 top it off then look for gap fill profit taking pullback to $55 and under bottom curl it then slow move all the way back up to the upside
9) $NVDA Positive China Talks (164.23) Strongest of the group today imo
Stock Gapping up +$9 like to see a little more pop at the open towards $174-$176 give it room this MUST snap $170-$171 to give us a decent gap fill back down to $166 and under, if this yanks at the open hard watch the $166-$168 for bottom curl then slow move back to highs
10) ******$AVGO Positive China Talks (287.86)
Stock Gapping up +$14 would nibble some short at $301 area give it room to $303+ top it off then look for 6-8 point gap fill pullback or more, once this breaks $300 should give us what we want to the downside
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Notable Calls:
$STZ Gapping up BIG on Market up (196.94) Gaping up +$4 would nibble short at $200 room to $202 at the open look for gap fill to $198 and under bottom curl it then slow all day move back to the upside
$BA Issues with Fed on Subpoenas (364.01) Gaping down -$2 like to see small pop at the open towards $367-$368+ then short it back down 3-5 points then let it grind out, if this yanks hard at the open towards $358-$360 and under bottom curl it then go long for slow all day move to the upside
$XLNX Positive China talks (117.92) Gaping up +$7 would nibble some at $124 area room to $126 once this breaks $123 it should gap fil back down to $120 and under bottom curl then slow all day move to the upside
