1) $SGLB awarded contract by Mitsubishi Heavy Industries (2.49)
Stock gapping up +4 do not buy this unless pop at the open to $5 spot then look for nice move to $6-$7 area then watch for topping on it and slow fader back down all day towards $3.50-$4 and under, if this pulls hard at the open and gap fills to $3 and under bottom curl it and go long for quick 1-3pts to the upside. I will be playing this if this happens on the pullback
2) $PLCE Earnings Miss (23.31)
Stock Gapping down -3.20 do not buy this unless pop at the open to $21 then look for quick short cover pop to $22-$23 top it off then all day fader on it, if this snaps at the open watch the $17.50-$18 area for bottom curl and shorts should come in and cover for 1-3pts to the upside
3) $ALT positive results from Pre-Clinical study single dose Covid-19 (21.99) Pump/Dump
Stock Gapping up +2 do not buy this unless pop at the open to $24 then look for quick push to $24.50 then look for solid move to $25-$26 otherwise watch for small pop at the open and lower lows set in and snaps $23 then look for solid gap fill right back to $21.50-$22 and under
4 $NNOX recent IPO gapping up on no news (26.70)
Stock Gapping up +2.50 do not buy this unless pop at the open to $29.20 then quick 1-1.5 point move to the upside then look for topping then nice gap fill sell off fade right back to $27 and under if this snaps $28 at the open chase it short and gap fill it to $27 and under then bottom curl and slow all day move to the upside
5) $RKT recent IPO gapping up on no news (29.11)
Stock Gapping up +2.00 love to see this simply gap fill back to $29.50 and under then nibble some long and slow all day move towards $30.50-$31 closer you get tot he gap fill better the bottom curl for slow move to $30.50-$31+
6) $IMVT Positive top-line results from Phase 2a (33.48)
Stock Gapping up +5 do not buy this unless pop at the open to $38 then quick solid push to $40-$42+ top it off then slow fader back down to lows, if this small pops at the open and lower lows set in and snaps $35 this will gap fill then bottom curl and slow move to the upside. I will be playing this to the long side if this gap fills.
7) $NVAX Gapping down more on no direct news (119.76)
Stock Gapping down -9 do not buy this unless pop at the open to $112 then chase a few to $114-$115+ area for short covering squeeze then all day fader back down to lows, if this snaps hard at the open sell it off to $106-$108 and under then bottom curl it then solid move to the upside
8) $HON will join the DOW 30 index (159.37)
Stock Gapping up +6 do not long this unless pop at the open to $165.50 then look for solid push for 2-4 points more to the upside, if small pop at the open and lower lows set in then look for nice sell off gap fill back to $160-$161 and under then botom curl and slow all day move to the upside
9) $CRM will join the DOW 30 index (208.46)
Stock Gapping up +5 do not long this unless pop at the open to $215 area then nice solid move to $217-$219 then grind it out, if this small pops at the open and snaps $212 look for the gap fill to $210 and under then bottom curl it then slow all day move to the upside
10) $PANW Earnings Miss (267.07) Mutiple PT upgrades this morning
Stock Gapping down -10 do not buy unless solid pop at the open through $260 then chase a few to $264-$265+ then top it off and grind it out, if this snaps at the open hard watch the $253-$255 and under bottom curl then slow all day move to the upside
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Notable Calls:
$SHOP Gapping down on market (999.32) Gapping down -10 do not buy this unless pop at the open to $994 then look for a quick move to $1000-$1005 area then watch for topping on it then look to fade the stock if this snaps at the open watch the $975-$980 area for bottom curl and then nice 15-20 point move to the upside
$AMGN will join Dow 30 (235.57) Gapping up +8 Cramer really negative about this one, hence stock selling off do not long this unless pop at the open to $244 then quick push 2-3 more dollars to the upside if this small pops at the open and snaps $242 look for gap fill sell-off to $236-$237 and be done with it.
$UONE gapping up on an article from Washington Business Journal (4.15) Gapping up +2 Former runner. DO NOT BUY this unless pop at the open to $8 with volume then we get a quick push to $10-$12 then watch for topping then slow gap-fill all day fader on it, if this small pops at open can’t break $7.5 then simply look to fade this all day and gap-fill back to $5 and under.
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