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Pre Market Game Plan by AJ – 11/20/17

1) $DCIX Gaping up due to lack of plays out their lets keep an eye on the pop and the drop (8.23)
Stock Gaped up +3 I like to see this pop more at the open thru $12 if it breaks thru that look for a quick move to $14 then a nice pop and sell off on it, I don’t think this will grind higher imo but just the short squeeze pop then fade back to $9.50 and under

2) $DGLY announce significant development in litigation (2.35) Stupid Stupid Stupid
Stock Gaping up +.70 JUST SHORT this crap. Any pop at the open is a joke and a gift but would take some now around $2.97-$3 spot add on any pop and look for an all day fader on it, more it pops at open consider it a Xmas gift. $DGLY always sells off their gaps no matter what!!!

3) $DDD Piper upgrades the stock to Neutral but gives a $6.25 PT (8.34) Stupid Stupid Stupid
Stock gaping up +.60 would take some SHORT here at $8.95 area room to add on any pop at the open then look for an all day fader back to $8.40 and under this to me is the stupidest gap up I have seen in awhile, but hey its easy money so any pop would size in once it pulls to $8.75 its gone

4) *******$CAH Morgan Stanley Tags a Underweight and LOWERS PT gtom $70 to $51 (57.51) WOW
Stock gaping down -$2 already, 2 ways to play this here, this pulls alittle more at the open towards $53-$54 go LONG and play a nice gap fill bounce to $56-$57+ then scale in SHORT for a nice fader on it for all day, or this pops at open to same area then scale in SHORT for an all day fade off on it. Should be fun

5) $ROKU Gaping up after Fridays sell off (38.59)
Stock gaping up +$1 I like to see a quick pop at the open towards $40 then look for a nice snap back on it back to $38 and under then bottom curl then we go long for slow move back to highs, let this pop and sell off and set up for us to see the correct direction on it. I dont think it will sell off all day but if it breaks $39 hard then imo we see $37 on it, let it set up for us all

6) $XNET Gapping up on No News (15.20)
Stock gaping up +$1 I would actually scale in SHORT here at $16.30 area room to add at the open to $17+ then look for this to gap fill back to $15 and under then watch for bottom curl then take a few long on higher highs look to take it back to $17 on it, moe it pops better the pullback for all of us on it. should be fun to trade to day so just let it pop and pull and set up for us

7) $DBVT Top-Line Results for Phase 3 Trial (23.43)
Stock gaping up +$2 I would like to see a short squeeze at the open towards $26-$27 then watch for topping then look for a nice sell off on it back to $24 and under, IMO I think this just pops and sells off the news, so if this breaks $24.60 at the open look for a flush on it. More it pops imo the better the short on it. So let it set up nice for us today

8) $ABLX MultipleĀ Upgrades today from $25-$30 JPM to Landeburg (21.14)
Stock gaping up +$1.07 I like to see quick pop at open towards $22.50-$23 then lean into it short and gap fill it back to $21.25 and under, I think this will and should gap fill first before a nice leg up. More it pops at open better the pullback on it for us for a short

9) $BIVV Gaping down quite a bit on ROCHE Positive Data this morning (56.11)
Stock gaping down -$4 I like to see a little more sell off at the open if it comes towards $50 spot then take long on it, I have a feeling this will end up back over $54 by eod so keep an eye on it, wouldn’t be surprised if it pops at open then rush towards $54-$55 quick before selling off some, this will be a little tricky at the open but if it pops look for it to make a nice move back up for 1-3 pts

10) $DLPH BofA Tags a BUY rating and ups the PT from $110-$120 (98.70)
Stock gaping up none…NO MM’s on this yet, I like to see this pop a open once they open thru $100+ on this BofA upgrade then watch for topping this may even touch $102 spot before shorting it and gap filling it back to $99.50 and under I like the BofA Notes on thsi upgrade this morning , but will wait for the pullback once we get it we get a decent range play like $YY

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Notable Calls:

$TSLA gaping down on market pull (315.05) gaping down -$2 would like to see quick pop at open for =$3-4 pts then look for fade on it, of this pulls nice at open to $310 or under go long and play the bounce on it. Should be fun be be patient for this to set up

$BITA down on #Earnings Miss (39.13) Gaping down -$3 pts look for a little more pull at open hopefully below $34-$35 area then watch for bottom curl then look for a 1-2pt bounce on it before fading off if this breaks $37 at open look to chase it to $37+ then look for to short it for an all day fader

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