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Earnings Gappers & Small Cap Momo- Weekend Watchlist

Humbled Trader's day trading & swing trading ideas

Author

Humbled Trader
January 12, 2025

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Data points provided by Stox scanner

WBA $11.76

  • This is a very beaten-down name. It's been in a long-term downtrend since late 2021. It’s now gapped up due to better-than-expected earnings.

  • Staying cautiously bullish on this name, IF it can hold its $11-$11.4 KL daily.

  • If KL holds and the stock continues to gain volume next week, we could see a retest of $12 and above, which is a 200SMA test. Under $11, the thesis is no longer valid.

  • This is a potential day trading and swing trading idea.

  • Position Disclosure: I have a ¼ position left from Friday, which I plan on holding as a swing toward a $12s breakout or breakeven stop.

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Notable: High RVOL

DAL $66.95

  • Nice gap-up and breakout volume on Friday after the comapny’s earnings beat.

  • However, the stock was unable to convincingly breakout above the daily $67 key resistance.

  • Staying neutral on this name. The stock is only a potential trend join long play if it consolidates over KL and breaks out.

  • Position Disclosure: No position

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Data points provided by Stox scanner

CRNC $15.15

  • This is a small-cap AI stock that was mentioned on the Weekend watchlist at the end of November. What a rally it’s had since! The recent breakout to $20+ was fueled by an announcement of the company’s collaboration with Nvidia.

  • The stock has retraced over 70% of its gains the last four days. I am cautiously watching for a consolidation of $16s KL for a potential technical bounce to the upside.

  • However, if the stock breaks below $13.5s, it’s no longer a valid long idea.

  • Position Disclosure: No Position

Notable short interest %

4

DATS $4.83

  • This is a known dilutive stock that has repeated the cycle of pumping and dumping for years.

  • The previous day’s overnight gap down was caused by the company pricing its $5.1M ATM offering at $4.25 per share.

  • Leaning cautiously bearish on this name. If the stock retests the $6-$7 daily shadow from Friday’s breakout and fails again, this could be a short setup toward the downside.

  • Position Disclosure: No Position

🗞️ Market movers you might’ve missed:

- Constellation Energy Corp. ($CEG) Constellation Energy shares surged after a $16.4 billion deal to acquire Calpine, expanding its U.S. power station fleet.
- How we traded: Backside Long Strategy

- Walgreens Boots Alliance Inc. ($WBA) Walgreens' stock climbed after better-than-expected Q1 earnings, despite a $265 million loss.
- How we traded: Gap Up Reversal Long Strategy

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