Good morning!  Finally got a market yank yesterday.  Let’s see if we get follow through selling today into Friday.

SPY -- 307.50 tested in premarket. Like pushes 308.50-309 and fail for 306 or less by Friday. -- LEVELS:
AAPL -- Like short 261.50 vs 262 for 260 test and break. -- LEVELS:
TSLA -- Idea working. Like dips on 345-346 for 350+ this week. Gapping nicely. Ideally get profit taking dip on open into 350-352 to get long for 360-362 into Friday. Over 375 and I think a short covering acceleration into 400 can happen. -- LEVELS:
BA -- Need to see accumulation on 360-362 area otherwise may yank back into 355. Sub 360 I like Jan 420c for a swing and risk 50%. -- LEVELS:
AMRN -- Nice action yesterday and likely trapped shorts. Like dips 20.80 for possible next leg up. Under 20.80 and become short biased. Overall thinking 23 gets tested. -- LEVELS:

Earnings Plays

LK -- Monster squeeze in premarket. I wasn't so impressed by the e/r but price action rules. Looking for exhaustion to get puts or a fast profit taking dip that holds for a long. Like long 20-20.50 for 22 test later, or 22 reject for a short. If 22 clears we could see a big squeeze 23+ -- LEVELS:
GOOS -- Heavily shorted. Conf call at 9am ET. So far steady selling since gap up push. Like dips 40.40-40.80 that hold for a long into 42+ -- LEVELS:
TLRY -- Could go either way. Average price dropped 50% but sales are 5x and overall losses grew. Over 22.50 and I think this can run, but if it trades heavy and breaks 20.10, I think we can see 18 in a hurry. -- LEVELS:
DXC -- Dips 33.80 that hold for 36+ day 2 move. -- LEVELS:
RETA -- Watching for 180 break. They conducted a 2m share offering. Need to see how that prices. -- LEVELS:
DDOG -- like dips 37.50 for a long for 40+. Has potential for gap fill profit taking before starting leg up. -- LEVELS:

 

 

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