1) $SAVA Positive Study results of Phase 2b for Alzheimer’s Disease (3.32)
Stock gapping up +200% do not long this unless pop at the open to $8 WITH SERIOUS volume then look for a nice push towards $9.50-$10 for quick money then be done with it, if this small pops at the open and snaps $7 look for the stock to hit $6 quick snap that then we get the rest to $4.50-$5 then be done with it. Ideally, like to see flush to $6 and under and buyer come in and we nail it to the long side for quick easy money. I WILL BE PLAYING THIS ONE TODAY
2) $DPHC No News Gapping up on Momentum (24.68) Gap-fill short IMO
Stock Gapping up +2.40 would take some short around $27 area add on ANY pop at the open once this snaps $26.50 at the open stock should simply gap-fill right back to $24.75-$25 and under
3) $SGMS Investors acquire 34.9% stake in $SGMS (18.97)
Stock Gapping up +6 do not long this unless pop at the open to $26 then quick 1-2pts more the upside, then be done with it, if this snaps $23.50 at the open chase some short and take it down to $20.50-$21 and undercover then watch for bottom curl and slow move to the upside
4 $ORCL Microsoft losing bid with TikTok Oracle Frint runner (57.00) Gap-fill short IMO
Stock Gapping up +4 would nibbles small short at $61.25 area room to $62 pop at the open once we snap $60 look for the stock to simply gap-fill slowly all day right back to $57.50-$58 and under, more this pops at the open better the range to the downside. DO NOT long this unless pop at the open to $62.50 then it will be a short-lived pop to $63.50-$64 then should die-off
5) $OSTK Needham stepping up with a Buy rating and $96PT (65.15) #SWING TRADE IDEA
Stock Gapping up +5 do not long this unless pop at the open towards $71 then quick squeeze pop to $72.50-$73.50+ then top it off then look for some nice gap fill pullback on it back down to $66.50-$67 and under, if this snaps $69 at the open chase it short and get it back down to $66.50 and under then bottom curl and slow all day move towards $75+
6) $FSLY No direct news I can find other then the Orcle Tik Tok (76.04) Should gap fill
Stock Gapping up +5 would nibble small short at $81.20 area room to pop at the open towards $83 watch for topping on it then look for this to gap-fill right back to $77-$78 and under watch for bottom curl and solid all day move back through pre-market highs. More this pops at the open better the range for us to the downside. The stock should simply break down and gap fill
7) $FDX Credit Suisse upgrading stock to $260PT from $171 (232.79)
Stock Gapping up +10 do not buy this unless pop at the open to $242.50 then look for quick push to $245-$247 then watch for topping then look for gap fill sell-off right back down to $234-$235 and under, if this small pops at the open and lower lows set in and this snaps $240 get in there short and chase it down quick to $234-$235 and under then bottom curl it and slow all day move back through pre-market highs,
8) TSLA another day of fun (372.72)
Stock Gapping up +6 do not long this unless pop at the open to $384 clear that then room to $390-$392+ watch for topping then nice 5-6pt gap-fill sell-off on it, if this snaps $378 let it flush out to $374-$376 and under then watch for bottom curl and slow all day move back to pre-market highs and more
9) $ADBE WOW!!!! Morgan Stanley out with $560PT from $450 with Earnings coming (471.35)
Stock Gapping up +13 like to see this pop at the open get through $485 then look for push to $490 room to $500 do not short this unless you snap $482 at the open then look for nice gap fill back to $475-$477 and under then bottom curl it and slow all day move back through pre-market highs
10) $NVDA to acquire ARM for 40billion (486.58) Big Positive news for NVDA
Stock Gapping up +45 do not long this unless solid pop at the open to $525 then look for quick push to $530-$535+ watch for topping then look for nice 15-20+ short on it to the downside, this is up alot but can go higher traders so be careful on the short, if this snaps $515 ar the open chase some short to $505-$510 and under then watch for the bottom curl and slow all day move to the upside right through pre-market highs
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Notable Calls:
$SHOP another day of fun (914.50) Gapping up +13 do not long this unless pop at the open to $930 chase it for quick move to $940-$945 area watch for topping then look to gap fill this back down to $920 and under then bottom curl it and solid move to the upside, if this yanks at the open hard to $925 chase it short look for 8-12pts to the downside then bottom curl it and solid all day move to the upside
$ZM another day of fun with range (383.00) Gapping up +7 do not buy unless pop at the open to $393 then quick move to $396-$398 top it off then look for gap fill sell off back down to $385-$386 and under if this snaps at the open $389 chase it short back down to $385-$386 then bottom curl it and slow all day move to the upside
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