Pre Market Game Plan by AJ – 2/14/17
1) $CBIO Provided update on their drugs and future plans…REALLY??? (9.50) I have a book report I just finished if that matters?
Stock gapping up +$2.50 Gapping up on this??? OK… 2 ways quick pop at open to $13 looks like a nice wall at $12 watch for a decent gap fill pullback on it back to $10 and under if it bottom curls with volume go long, This will be all about volume and set-up at open for range
2) $SINO Gapping up on yesterdays nice move (4.70)
Stock gapping up +.57 Looks like this may be in play today with range to $6+ so watch for a pop at open to $$5.80 or more then wait for the nice pullback on it and gap fill, if this pulls at open to $4.75 and under watch bottom curl then consider taking a few long on it.
3) **$DCIX Announce Time Charter Contract (2.71)
Stock gapping up +.45 I like this one for a possible move to $5+ today with volume, so watch for a quick pop at open to $3.50-$4 look for decent pullback on it to $2.90 and under watch for bottom curl then go long, If this pulls to same area at open then look for the bottom curl then scale in LONG on it
4) $AMKR Earnings Miss (10.44)
Stock gapping down -$1.20 2 ways to play this, this pulls hard at open to $8.50 or under then go long and short cover this for +.50-$1 before it fades again, or this pops at open to $10+ then we scale in SHORT for an all day bleeder on it.
5) **$SALE Earnings Beat and raises Guidance (8.95)
Stock gapping up +1.50 I like to see this small pop at open to $10.50-$10.75 then we need a nice profit taking pullback to $9.25 and under then bottom curl then we go in LONG on it, if this pulls nice at open to same area go LONG!! for all day slow move back thru $10+
6) ****$Z Nice upgrade from Stifel Raises from $36 to $43PT (35.19)
Stock gapping up +$1.40 I like the call and the range but need to gap fill it first before scaling in LONG so watch for a decent pullback on it to $35.30 and under then look for bottom curl then scale in long for a nice play on it, like to see the stock hit $37.50-$38 today
7) $HIBB Horrible Earnings and Guidance (33.25)
Stock gapping down -$6.25 I like buying this around the $27 area and play a nice 1-2.5pt bounce on it, so if this PULLS again to $27 and under then look to scale in long on bottom curl and bounce it, if this pops at open give it room to $30-$31 watch for topping on it then scale in short for an all day fader on it. This should be fun and the stock has range today
8) $GM Merger Talks (35.52)
Stock gapping up +$2 GM always fills their gap so if this pops again through $37+ area look to scale in SHORT for an all day fader on it, back to fill the gap, if this sells off at open it will be a little slow doing so then look for the gap to fill at $35.65 or under then look to go LONG on it, Either way imo GM always fills their gaps first before a solid move
9) $GILD Nice PR and news this morning announcing findings from Pre-Clinical studies (67.65)
Stock gapping up +$1 should be a small pop at open top $69+ then look for a nice gap fill pullback to $68 and under watch for bottom curl then slow all day move to the upside on it. If this pulls hard and gap fills to same area go LONG on it.
10) $WYNN Gapping up nice on no news (98.97)
Stock Gapping up +$1.65 I like the range on this today, so look for a quick pop at open to $101+ then watch for a nice gap fill pullback on it to $99 and under then scale in LONG for an all day slow move back to highs, should be fun with range today
$LVS Gaping up with $WYNN (53.16) +80 watch for a nice pop at open if it comes back thru $54-$54.50 then look for a nice gap fill pullback on it to $53.25 and under then go long on it for all day slow move to the upside, if this pulls at open to same area then go long on it
$RELV (5.80) Gaping up on no news +.75 needs volume so watch for quick pop at open then look for that gap fill pullback to $6 and under need volume then bottom curl it for an all day slow move to the upside. Let it set up for us first before getting too excited