Skip to main content

1) $BLNK extending momentum from yesterday (9.62)
Stock Gapping up +2.50 do not buy unless pop at the open to $13 then quick push to $14-$15 top it off then look to fade the stock if this small pop and lower lows set in look for the stock to gap fill back to $10-$10.50 and under then bottom curls slow move to the upside

2) $KNDI extending momentum from yesterday’s news (9.32)
Stock Gapping up +8 do not buy unbless pop at the open to $19 clear that then nic emove to $20-$21+ watch for topping if this small pops and lower lows set in look for the stock to break must snap $15 at the open then we can get a few more gaps to fill short to $11-$12 and under

3) $EDSA files IND application with the FDA (5.20)
Stock Gapping up +12 dot NOT buy unless pop at the open to $18 then look for a quick push to $20+ on it then watch for topping if small pop at the open and lower lows set in do not short unless this breaks $13-$13.50 then look for a nice gap fill short to $8 and under

4 $HOME Huge Earnings Beat (9.44)
Stock Gapping up +5.50 do not buy unless pop at the open towards $14 then look for the nice squeeze to $15-$16 area watch for topping on it, if this small pop and lower lows set in and this breaks $12 at the open look to gap fill towards $10.50-$11 then bottom curl it for a solid move up

5) $KODK continued momentum from yesterday (33.20)
Stock Gapping up +7 do not buy unless pop at the open to $44 then chase a few to $46-$48+ on it if then be done with it if this small pops at the open and snaps $38 short it brings it down and gap-fill it back to $32-$34 and under then watch for the bottom curl rip for points should be fun

6) $OSTK Earnings Beat (60.74)
Stock Gapping up +10 do not buy unless pop at the open towards $72 then quick push to $74+ then watch for topping on it then slow nice gap-fill fade back down to $63-$64 and under if this snaps at the open to $66 chase a few more down to $63 area and under then bottom curl it then slow all day move back to pre-market highs

7) $PRK to replace Denbury in S&P 600 (70.78) thin
Stock Gapping up +13 look for a quick pop at the open to $85-$86+ area do not short this unless this snaps $81 at the open then look for nice gap-fill fade 5-6 more points to the downside, this will not gap fill traders so don’t look for that

8) $QRVO Earnings beat (115.28)
Stock Gapping up +7 do not buy unless pop at the open to $122 then look for a quick push to $124-$125 then watch for topping to short it, if this pulls at the open and snap $118 then look for gap fill flush to $116 and under then bottom curl it and slowly move to the upside

9) $QCOM Earnings Beat (93.03)
Stock Gapping up +10 do not buy unless pop at the open to $104 then look for a quick push to $106-$107 then watch for topping to short it if this snaps $101 at the open chase a few short take it down to $96-$97 and under then bottom curl it then slow all day move back to highs

10) $ORLY Earnings Beat (455.77)
Stock Gapping up +30 do not buy this unless pop at the open to $484 then look for a quick push to $490+ then watch for topping to short it if this snaps $475 at the open then look for nice quick 10-12 point pull on it then bottom curl it then slow all day move back to highs

____________________________________________________________________________
Notable Calls:

$NOW Earnings Mixed (445.71) IMO this weakness will be bought up on I it, look for a push at open to $432 area then look for quick gap fill back to $440-$442 if this snaps at the open I would be a buyer on it anything $418-$420

$UPS Earnings Beat (125) Gapping up +8 like to see this push a little more towards $139-$140 then look for nice sell-off I like to break this at $136 at the open when we get that then we can get a nice short for 4-5 more points on it and then bottom curl it

Copyright © 2020 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