1) $USEG to acquire upstream assets in New Mexico for $500k (4.32) Former Runner
Stock Gapping up +14 This I will be playing today DO NOT LONG unless pop at the open at $20-$21 area then squeeze it to $24-$26 then watch for topping, ideally, I would love to see this dump hard at the open to $10-$12 and under then get short squeezed back to $16-$18+ that’s where I will likely make my buys and be 1 and done. Let’s see how it opens first Traders
2) $APM launches infectious disease biopsy subsidiary (1.22)
Stock Gapping up +8.50 This I will be playing today. DO NOT LONG unless pop at the open through $10.50 clear that room to $15 gets that then we get a little more to the upside. This is going to be tricky its all based on the open and the volume, you must get big blocks for this to run, I will be watching the $10.50 get in and get out as it head to $15. If this small pops at the open and snaps $7 look for the stock to sell off back down to $3.50-$4 and under
3) $MXC Gapping up on NO NEWS! (4.15)
Stock Gapping up +3.00 do not long this unless pop at the open to $8 with volume clear that then you go another 1-1.5pts or more then we get a nice topping on it and slow fader if this small pops at the open and then snaps $5.50 take it down for all-day fader towards $4.50 and under
4) PLL another day in it +saw a Tier 4 analyst upgrade the stock to $41 (37.00)
Stock Gapping down -7.10 No doubt ATM Offering is coming on this. However, for us today would nibble some LONG at $30 area room to $28 to add think the stock rips right back to $34-$36 before topping off, If we get lucky and this snaps at the open hard to $25-$26 OMG!! I want that on short-covering and nail it long for 1 and done for 4-6pts to the upside. I will be all over this one today.
5) $SHLL stockholders approve combination with Hyliion (48.00)
Stock Gapping up +3 do not long this unless pop at the open to $51.50 clear that when you go to $53 for quick money then the stock should simply fade off, if this small pops and snaps $49 then stock should sell off again right back down to $46-$47 and under then bottom curl and slow move to the upside.
6) $BIG Earnings Beat (47.76)
Stock Gapping up +3.50 do not long this unless pop at the open to $52 clear that then you get 1-1.5pts more to the upside on it, if this snaps at all $50 at the open take it down another 1point or more then look for bottom curl and slow move to the upside back to pre-market highs, I do not think this will gap fill but $48-$49 would be nice to see on any pullback and bottom curl it
7) $SNOW Berkshire Hathaway Discloses 15% stake in the company (250.41)
Stock Gapping up +6 do not buy unless pop at the open to $256 clear that when you go to $260-$262 then watch for topping on it and then we short it back down all the way to $243-$245 and under then watch for bottom curl, more it sells off better the range to the upside. should be fun
8) $RH Tier 5 Firm raises PT to $435 from $370 (361.06) Up thin
Stock Gapping up +11 like to see this squeeze a little more at the open would love to see $375-$377+ then watch for topping on it, if this sells off at the open to short it let it break $370 get that then chase it down to $362-$364 and under then bottom curl it and slow all day move back to pre-market highs. I would prefer the gap fill to $362-$364 on it before truly going long on it
9) $TSLA Another day of fun (421.20)
Stock Gapping down -4.00 do not long this unless pop at the open to $420 clear that then we get another 3-5pts to the upside or more. If this snaps at the open watch the $410-$412 and under then look for bottom curl and slow all day move to the upside, the more it sells off better the range for us to the upside. I will be playing this for sure.
10) $ZM Another day of fun (487.66)
Stock Gapping up +3 like to see some recovery today, so would look to long a few at $490 clear that we get to quick $495-$498 then watch for topping on it, ideally, it would be nice to pull this back down today at the open would love to see $478-$481 and under then bottom curl and nice 5-10pts move to the upside on short covering. Breaks $478 we end up fading another 5-8pts
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Notable Calls:
$SHOP This should be fun today with range (966.50) FLAT do not buy unless pop at the open to $970 clear that you go to $980-$985 then top it off then look for slow fader back down to lows if this small pops and pulls at the open watch the $945-$950 and under then bottom curl and slow all day move to the upside.
$NVDA Should be fun today (521.40) Gapping down -3 do not buy unless pop at the open to $521 clear that then you 5-8pts more to the upside then look for the pullback on it back down to $510-$512 and under, if this simply small push and pulls at the open watch the $510-$512 area for bottom curl and slow move to the upside.
$HUSA Gapping up on NO NEWS (1.09) Gapping up +1.55 do not buy unless pop at the open to $3.60 then look for a quick move for 1-1.5pts then watch for topping on it, if small pop and lower lows set in and can’t break $3.30 area look for the stock to simply fade back to $1.35 and under
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