TEVA don't fear a stock that gaps up in the morning. TEVA (also TARO)gapped up and promptly crapped this morning and TEVA was on our special "gap 'n crap" list, DE was our second for a gap up and crap. We have 2 new gap 'n crap or gap 'n fill plays every day now because its just too nice to let them get away (those that are killed in the open bell that might gap fill and those that are up too much with a history of pulling back even to multiple sessions or at least for a good trade) For Friday we had CEPH and AH, both filled the gap down. TEVA and TARO both reported today and for the 4th year have gapped up after the report.
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