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
Gap up
1. if below 3.20, i prefer short the stuff at 3~3.20 risking off high
2. if above 3.20, i prefer long the washes or wash and reclaim of 3.20
3. if above 4.00, i consider extended and would rather look for short from 4.00~4.20 risking off high
Gap down,
1. if above 2.60 , look for any pop towards 3~3.20 to short stuff. risking high
2. if below 2.60, look...
