I am currently only looking to play r/g moves preferably in the first hour of the market open. Meaning r/g from the days market opening price. From premarket winners and top % gainers. I watched this play all last week and it’s hot.
$FORD - Was Fridays winner. I actually was watching for the R/G move and wanted to play it but moved too slow. Trust your gut on these as long as you’ve got clear risk/reward. Up on news of acquiring a leading product design and development company IPS. I will be watching this only for a morning panic r/g move. It may have more momo but any play will be for quick gains not expecting another huge jump.
$NBEV - Another Friday winner that held gains into the close. Up on news of expanded distribution deal with US Military. First green day with big contract news but there is a lot of overhead resistance so and r/g move will have to be a quick take to be safe. It had a nice r/g move after the open Friday for about .40c share max upside before pullback. But was able to stay above the b/o level throughout the day making new highs until 4.24 @ 3pm which is exactly a dollar a share above the b/o level. That being said there was a lot of over head resistance on Fridays move as well so this type of contract news might be a strong catalyst. Keep watching and see if it presents another r/g opportunity.
Don’t really like any other Friday top % gainers but I will be adding premarket winners to the watch as they come in Monday morning. Set clear risk/reward. Lets do this!!