Gap up
1. if above 4.50, look for wash to long or reclaim 4.50 for long
2. if below 4.50, look for stuff 4.50 for short
Gap down
1. if below 3, use premarket range as guide for short risking off premarket range high / wait for reclaim of vwap and 3.00 for long
Within range of 3~4.50, favored more short due to previous peak at 4.50
1. if above 4.50, look for wash to long or reclaim 4.50 for long
2. if below 4.50, look for stuff 4.50 for short
Gap down
1. if below 3, use premarket range as guide for short risking off premarket range high / wait for reclaim of vwap and 3.00 for long
Within range of 3~4.50, favored more short due to previous peak at 4.50