1) $ITRM announce positive Pre-NDA Meeting with FDA (.64)
Stock Gapping up +1.10 do not long this unless pop at the open to $1.75 clear that with volume then you get another .50-1.00 on it then watch for topping if this small pops at the open and lower lows set in and this snaps $1.40 look for all-day slow fader back down to .80 cents and under
2) $NIO Making a solid move this morning with solid volume (20.85)
Stock Gapping up +1.00 do not long this unless pop at the open to $22 clear that then you get another .25-50 cents on it, IMO I would love to short this break $21.75 at the open bring it down .50 cents or more then bottom curl and slow all day move towards $22-$22.30+ on it
3) $PLL another day of fun and gapping down (25.38) Last day to play this for us
Stock Gapping down -2 do not long this unless pop at the open to $24.50 then quick 1-3pts to the upside then the standard sell off back down to $21-$22 an under, if this snaps right at the open to $20-$21 and under bottom curl it and short squeeze it long for 2-3pts for quick money, more it pulls at the open better the range for us to the upside
4) PRGS Earnings Miss (38.75) I think this weakness will be bought up today imo
Stock Gapping down -4.10 do not long this unless pop towards $34.75 get that then look for quick 1-2pts more to the upside then grind it out up there, if this snaps at the open watch the $32.50-$33 and under and bottom curl it, I think new money will come in around there and scoop this back up, no noticeable downgrades this morning at all
5) $CVAC first patient dosed with Phase2a COVID Trial (45.68) AND???
Stock Gapping up +5 do not buy this unless pop at the open towards $51 clear that for quick 2-3pts top it off then short it, if this pulls at the open $49 and under chase it short and walk this thing right back down t0 $46 and under. IMO this should simply gap-fill right back down
6) $SNOW another day of Range (259.13)
Stock Gapping up flat like to see this push at the open towards $263-$265 then look for nice pullback on it right back down to $253-$255 and under on a pullback then bottom curl it and slow all day move back to highs. The more it pops at the open better the range for us to the downside
7) $LULU BofA out with reinstate and $390 PT on a BUY rating (323.67)
Stock Gapping up +6 do not buy unless pop at the open to $330 take that then look for quick move to $335-$340+ then watch for topping on it bring it back down to $325-$327 and under bottom curl it and solid all day move to the upside on it
8) $TSLA another day of fun (419.07)
Stock Gapping up +5 do not long this unless pop at the open to $425 clear that then you get another 3-5pts more to the upside, if this snaps at the open watch the $415-$417 and under for bottom curl and slow all day move to the upside back to pre-market highs
9) $ZM another day of fun (465.50)
Stock Gapping down -7 beauty long $463 add on dips this morning at $460 sell at the open and be done, Now for those who didn’t take it, do not long unless pop at the open to $467 then look for quick 5-10pts push to the upside, if this snaps at the open look for $450-$455 then watch for bottom curl shorts to squeeze it back up 10-15pts then watch for topping then slow fader back down to lows
10) $SHOP Wedbush a Tier 4 firm gives out +$1,300 PT (1025.70) I see +1100 on this soon
Stock Gapping up +14 do not buy this unless pop at the open to $1050 get that then go another 5-10pts for quick push at the open then watch for topping on it, if this snaps $1035 at the open then take it down to $1020-$1025 and under then bottom curl and slow all day move towards $1075+
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Notable Calls:
$DUK Chatter news about Nextra Energy Take over (82.41) Gapping up +5 do not buy this unless pop at the open to $88.50 then quick 1-2pts more to the upside then look to short the stock for an all day fader on it, if this snaps $87 chase it short and take this back down to $83.50 and under
$NVDA Should be fun today (529.03) Gapping flat do not buy unless pop at the open to $530 then squeeze it for 5-8pts to the upside then watch for topping, if this pulls right at the open watch the $520-$522 and under then bottom curl and slow all day move to the upside
$CTIC to submit NDA for accelerated approval of pacritinib (1.05) Gapping up +1.25 do not buy unless pop at the open to $2.65 clear that then quick move to .50-$1.00 then top it off then slow all day fader back to lows, if this small pops at the open and lower lows set in look for the stock to simply fade back to $1.35 and under
$PLTR #IPO debuting today at $7.25 pricing from $10 original, I like it anything under $8 IMO would be a nice scale in starter on the name. So watch the open anything close to the $7.25 IMO would be a great buy I think this heads to $10+ once it gets going
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