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A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 2/13/17

1) $KBSF  More momentum today off of Friday’s reverse spilt (10.87)
Stock gapping up +$6.50 wow…this is just silly stupid up for no reason I like to see if this pops more at open to $17+ then look for a decent gap fill pullback on it to $11-$12 area watch for bottom curl then scale in a few long, stock has range and has shown us its cards today what it would like to do, but before we chase crap like this, wait for the set-up at the open, then we will nail it

2) $ZSAN    announce their lead product met primary endpoint (1.20)
Stock gapping up +.80 Positive news I like to see this ramp up and pop at open possibly to $2.50 to $2.75+ then lets watch for topping if lower lows set in then it will be a an all day fader, however being so cheap this could pop..pull then curl then ramp to $4+ so lets see how it open to get the feel for it.

3) $IMMU  Jefferies raises this to $7.50 from $6 on the $SGEN Collaboration News (5.23)
Stock gapping up +.65 2 ways to play this, look for this to pop at open thru $6 again then possible lower lows set in then look for all day gap fill fade, if this pulls at open to $5.35 area then watch for bottom curl then look to take a few long for possible upside move

4) $ON  Earnings Beat and Guidance (14.14)
Stock gapping up +$1.15 2 ways I like to see this pop a little more at open to $15.40-$15.70 area then look for this to pull some on profit taking to $14.35 or under then look for bottom curl then go long, expect some profit taking on this gap up but look for this cheap stock to get some upside momentum on these numbers today

5) $TSEM  Beats on Earnings guides In-Line (22.07)
Stock gapping up +.80  2 ways this pops at open thru $23.25+ area then just slow fade on it back to $22.15 area or this pulls at open to $22.15 or under at open then we scale in LONG for an all day slow move to the upside on it

6) **$INOV   Bank of America Downgrades this to Underperform from Neutral Tags a $10PT  (12.25)
Stock gapping down -.35 Like the call, any pop at open thru $12+ scale in SHORT for an all day fader on it, be mindful many eyes on this to short so this may pop more then normal, or this will pull hard at open to $10.80 or under on quick pull then slow move back to $11.50 on short covering then possible fade off on it

7)  $TEVA  guides up on Earnings ($32.19)
Stock gapping up +$1.90 I think this will just gap fill back to $32.50 area and under imo, so any aggressive pop outta of the gate I would consider shorting this, they still have issues with Copoxane US generics. If this sells off at open and fills the entire gap then look to scale in a few LONG on a bottom curl

8) $HAIN  Delays 10-Q   (38.53) Risky Trade, need to locate the bottom, but I think its near here
Stock gapping down -$5 2 ways to play this, take a few LONG at $33.20 room to $31.75 area look for this to rebound back to $35+ more it pulls I believe this will rebound back up, if this pops a little at open chase it thru $35-$36 then look to refade this

9) $SAGE  Encouraging Top Line result for Phase 2 (47.42)
Stock gapping up +$4 I like to see any pop at open as a possible short opportunity on a nice fade on it back to $48.50 or under, if this pulls a little at open chase a few to same area, I think this gap fill be filled back up so watch for profit taking pull at open

10) $PRGO  Up on Sympathy of $TEVA (79.40)
Stock Gapping up +$1 2 ways this pulls at open to $79.50 or under then take a few long slow move to $81 for all day move, or this pops at open to $81-$82 area then look to short it for gap fill, lets see how it reacts at open

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Notable Calls:

$OCUL  Look for continuation from Fridays upgrade call to $35PT (8.45) gapping up +.50 to $8.99 stock has MORE range today, watch this slowly climb to $10+ today any pulls at open are buying opportunities imo

$M   Barrons out very positive this weekend (31.99) Stock gapping up +1.00 I like to see a small pop at open to $33.25+ area then watch for topping on it then look for slow move back to gap fill of $32 and under then bottom curl then slow move back to highs

$SINO  Earnings Beat (2.72) Gapping up +$1.20 watch for pop and possible all day fader on this, if this pulls hard at open to $3 or under watch for bottom curl then scale in a few LONG on it back to $4+ lets see how this sets up at open

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