LCID - Keeps going after positive earnings and analyst PT increase. Should have held that call longer. Stock feels overextended though and the whole EV sector is just going straight up this week. 55 and 58 look like closest support. Would like to see dip and consolidation at those levels before the 11 am push. Might also just go parabolic after the open chop. Either way, bullish and looking to trade calls
RIVN - Same thought process as LCID. Expecting a pull back to consolidate at a key level this morning before continue higher. If it cracks below 165 could have a FRD. If it holds and consolidates between 165-170 could continue higher.
MRAM - Recent earnings winner that's been running on low volume for the last 3 days. Looks like a weaker open today but that didn't mean much yesterday. Keeping on watch for a dip below VWAP and fail to get back above. If FRD and closes weak I'll try to get a 12.50 put and swing overnight
Plug - Consolidating near highs in a hot sector, outperformed 11/16. Flow is bullish with retail ($1k and $5k)seeing a big move happening this week. After a run up it has held well and is now setting lower lows and looks poised to break through 44 this morning. Would love a dip and rip (G/R test or somewhere close) to buy $50 calls from.
Earnings play
NVDA - Has held at the 300 level all week and flow has remained bullish targeting the 11/19/21 300 and 330 calls. Looking for a dip at open to stop at recent key level. Will long calls depending on premium. If too choppy and indecisive in first hour will wait for late day to enter
Other watches
RBLX - Over extended, think we see a dip back closer to 100 soon
ELEK - big percent gainer yesterday that closed at highs
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