1) $MOXC MOXC agrees on merger terms with Btab Group (2.10)
Stock gapping up +1.50 do not buy this unless pop at the open towards $4 clear that then we get a solid 1 point play on it if this small pops at the open and lower lows set in and this snaps $3.20 slow gap fill it back down to $2.40 and under. Let this one show you at the open
2) $VBIV Selects 2 Covid-19 vaccine candidates to take into the human study (3.21) SO???
Stock Gapping up +1.10 do not BUY this at all unless pop at the open to $4.50 then quick push for 1-1.5 pts then top it off then all day slow fade back down to lows if small pop and lower lows set in and this snaps $3.90 look for gap fill back to $3.30 and under
3) $VNE Gapping up on NO NEWS or NO PR (10.96)
Stock Gaping up +2 would take some short here at the $12.80 area room to pop at the open towards $13.50 to add look for topping then slow all day move back to $11 and under
4 $BOX Earnings Beat (19.29)
Stock Gapping up +2.00 do not buy this crap unless pop at the open to $21.40 then look for quick 1-1.5 pt short squeeze pop then all day fader if this small pops at the open and lower lows set in and this breaks $20.80 look for the stock to simply gap fill and sell-off.
5) $BILI Earnings Miss (48.72)
Stock Gapping down -3.50 do not buy this unless pop at the open to $46 then look for a nice push to $47-$48 top it off then all day fader back down to lows, if this snaps at the open watch the sell-off to $42-$43 areas then bottom curl it then slow nic emove for 2-3 points to the upside
6) $WSM Earnings Miss (98.96) Multiple PT upgrades
Stock Gapping up down -7 do not long unless pop at the open to $94 then quickly move to $96-$97 watch for topping then slow move to the downside. If this pulls at the open watch for the $88-$90 areas for bottom curl then nice solid 4-5 pts to the upside
7) $DLTR Earnings Miss (104.24)
Stock Gapping down -7 do not long this unless pop at the open to $102 then look for nice 2-3 point slow move to the upside, this stock trades like $TGT slow an steady if this snaps at the open and breaks $98 let it flush out to $94-$95 then watch for the bottom curl and slow all day move to the upside
8) $ABT HUGE BIG NEWS Possible 5 minute test kit available for $5 per kit (103.19)
Stock Gapping up + do not long this unless pop at the open to $114 then look for solid push tp $116-$117 area or more, if this snaps $110 chase a few short and take it down to $105-$107 and under then watch for bottom curl, IMO this will not gap fill, so don’t look for it
9) $LH Gapping down on NO NEWS or NO PR (179.29)
Stock Gapping up +17 would take some long at $164-$165 area clear the $170 then look for the stock to gap fill back to $175-$176 then be done with it, if this snaps at the open again to $165 and under give it room to $162 then go long again and bottom curl it for a slow move to the upside
10) $QDEL Covid-19 tests for Nursing homes Gov puts on the sideline (222.94)
Stock Gapping down -55 IMO this sell-off is a little overdone, I would nibble small long at $168 area room to $160-$162 to add once this pushes back to $170 like to see shorts come in and cover for 10-15 pts to the upside. Play small I will be playing this, if your new to Trading do not play this one this isn’t for you.
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Notable Calls:
$SHOP Gapping up Flat (1089.33) Do not buy unless pop at the open to $1094 then look for the quick push for 10-15 pts then top it off then look to fade it if this snaps at the open breaks $1080 bring it down another 15-25 points then watch for bottom curl, this had a huge run-up yesterday
$BYND introducing a new way to shop using e-commerce (125.52) Gapping up +5 do not long this unless pop at the open to $131 then chase a few to $135-$137 then watch for topping on it, if this snaps at the open at $128 then quick flush to $126 then bottom curl and slow all day move back to pre-market highs
$NTAP Earnings Beat Multiple upgrades (42.21) Gapping up 4.50 I like to see this pop at the open towards $47-$48 level watch for topping then look for the stock to sell off 2-4 pts to the downside, this will not gap fill at all, but if we break $46 at the open chase it short for quick 2-3 pts to the downside on profit-taking
$FLWS Earnings Beat (29.65) Gapping up +2 do not buy this unless pop at the open to $32 then look for the quick push for 1 point or more then top it off and slow gap-fill fade it, if this snaps at the open and breaks $31 chase a few short and look to gap fill this back to $30-$30.25
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