1) $CNDT Nice Earnings Beat (2.26)
Stock Gapping up +1.70 do not buy unless pop at the open to $4.20 clear that then we go to $5 spot then we can start looking to short the stock if however this small pops at the open and lower lows set in and this breaks $3.50 I would take it short for a solid 1 point to the downside
2) $KZIA up on Rare Pediatric Disease Tag in the US for Paxalisib (4.27)
Stock Gapping up + +3 now do not buy this unless pop at the open through $9 with the volume you must have the volume on that one once that hits then look for a nice solid move to $10.5-$11 otherwise look for small pop at the open lower lows to set in then all day fader to $5.50 and under IMO. I do think they will try and push this up before selling off today IMO
3) $ANPC Validating approved Covid-19 antibody test (5.49)
Stock Gapping up +100% do not buy this unless pop at the open through $12 then quick 2-3pts move to the upside with volume then be done with it then look to short the stock if small pop at the open and lower lows set in stock should simply fade back all day long back to $7 and under
4 $GRPN Earnings Beat (16.45) Expect profit taking sell-off on this one for sure
Stock Gapping up +6 do NOT long this unless pop at the open to $22.50 then quick push to $23.50-$24 top it off then all day fader on it, IMO this should small pop break $21 then we get a solid move to $18-$18.50 then bottom curl it then slowly move to the upside
5) $Z $ZG Both gapping up similar in range and numbers on Earnings Beat (71.42)
Stock Gapping up +11 IMO they both will see off there gaps back down to $75-$77 and under so any pops at the open to $82.50-$83.50+ area IMO I would be short on both of these once this snaps $80 at the open you will get the extra 3-5 points to the downside IMO
6) $AYX Earnings Miss few downgrades so far but IMO down too much (169.00) I will play this
Stock Gapping down -40 think this is down too much IMO once this hits $132 at the open take some long and walk it up to $145-$150 and be down with it on short-covering, I want to play this one for sure, if this snaps at the open hard to $120-$125 and under I would be a buyer right there on the bottom curl and solid 10-20pt move to the upside THIS WILL BE FUN TO TRADE
7) $OLED Earnings Miss but upgrades to Buy from Neutral (186.56) I will be playing this
Stock Gapping down -16 I like this one a lot once this pops at open though $172 scale in long stops at $170 look for the stock to short cover bounce back to $180-$182+ If this yanks hard at the open watch the $160 and under bottom curl it then long it for a short cover bounce
8) $STMP Earnings Beat (262.34) Few upgrades up thin
Stock Gapping up +45 do not long this unless pop at the open to $311 then look for a quick move to $315-$317 top it off then look for the nice gap-fill fade back down once this snaps $305-$306 at the open short it and take it down 20-25 points or more, this will NOT gap fill but we will have a nice range on profit-taking once it snaps the $305-$306 area
9) $BIIB FDA accepted BLA for aducanumab(277.66) I will be playing this one today!
Stock Gapping up +33 do not BUY unless pop at the open to $315 area then look for a quick push to $320 watch for topping IMO this should gap fill and sell off at least to $285-$290 and under so once this breaks $305 scale in short and take it down 10-20pts or more. Be done with it
10) $ILMN Earnings Miss (399.33) 2 downgrades so far bad! I will be playing this one today!
Stock Gapping down -60 do NOT long this unless pop at the open to $345+ area then take it to long for quick 15-20pts the top it off then all day fader on it if this snaps $335 at the open expect some more pull and sell off hard to $320-$325 and under then watch for the bottom curl YOU MUST WAIT FOR THIS ONE TO SET UP PERIOD!!!! Newbies this is NOT for you!!!
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Notable Calls:
$GWPH another earnings miss (132.10) Nice upgrade and raise from Tier 1 analyst Gapping down -12 I would nibble long the $120-$121 area small room to add on the pullback at the open if it comes like to see no more then $115 bottom if that happens to think the stock pops $5-$7pts at the open on short-covering squeeze
$FTNT Earnings Miss (139.51) Gapping down -8.50 UBS out with a BUY and Raise this morning to $134PT However do not buy this unless pop at the open to $132 then look for a quick push to $134-$135 top it off then all day fader on it back down to $127-$129 and under if this snaps $131 at the open take it short for 3-5 more points to the downside then watch for bottom curl and go long on it should be fun today
$AAOI Earnings Beat nothin impressive to look at and it’s up thin (15.05) Gapping up 2.50pt do not buy unless pop at the open to $18.00 then look for a quick push to $19-$19.50 then top it off then all day fader on them, if this small pops at the open and lower lows set in look for the stock to gap-fill right back to $15.50 and under then bottom curl it for long
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