Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 2/15/17

1)  $FNCX  Earnings Beat and Great Numbers (2.72)  Expect upgrades to be coming on these numbers
Stock gapping up +$1.50 I like to see this pop even more at open possibly to $5+ then look for a decent pullback on it Numbers were great but stock is climbing fast we need to let this settle a little before we get excited how were going to play it, we need that pullback

2) $MDCA  Goldman Sachs  agrees to invest 95million into company (6.75)
Stock gapping up +$1.75 this should pop a lot at open possibly to $9-$9.50+ then look for a nice gap fill pullback on it, IF it sells off at open I would love $7.25 and under then scale in LONG, either way this has range BUT we need it to pullback and let some profit takers take this back down in the low 7’s hard to buy here

3) *******$FOMX  Credit Suisse Tags a $22PT (10.66)  SWING IDEA
Stock gapping up +$1.50 Love this call and range BUT like everything else we need to fill a gap first before going long, so watch for the pop at open to $12.50-$13+ then look for a nice gap fill pullback to $10.90 or under THEN we start to go in LONG on it, this is a BIG range call on a cheap stock

4) $PLAB  Earnings Miss (11.30)
Stock gapping down -$1.20 2 ways to play this, this pulls hard at open to $9.50 or under we scale in LONG slow gap fill for +$1pt or more, or this pops at open to $10.90-$11+ then we scale in SHORT for an all day fader on it. Lets see how it sets up at open

5) $SEDG  Earnings Beat (14.45)
Stock gapping up +1.00 Like to see quick pop at open to $15.75-$16 then watch for a nice pullback on it on profit taking to $14.75 and under then scale in a few LONG for slow all day move back to highs, if this pulls at open to same area look for a nice long on it

6) $FOSL  Earnings Disaster  Wells Fargo Tags a $13-$14PT on this, this morning (22.87)
Stock gapping down -$4.20 2 ways to play this, this pulls hard at open to $16 and under and we long and play a nice short covering on it to $18+ or this pops at open to $20+ on short covering and we scale in SHORT for an all day bleeder on it.

7)  $SODA  Nice Earnings Beat (47.35)
Stock gapping up +$3 2 ways to play this I like to see a nice pop at open on short squeeze to $51-$52 then some profit taking to kick in on it and take it back down to $48.50 or under, if this sells off at open to same area I want to go LONG on it for all day slow move to the upside.

8) $ACIA  Gapping up on little news and PR now down -$1 (65.71)
Stock gapping down -$1.50 If this pulls at open to $63 and under I would take a few long and play the nice gap fill, if this pops at open chase a few and run it back to $65+ at the open

9) $OLED  Susquehanna Tags a BUY rating with $100PT (67.15)
Stock gapping up +$2  2 ways to play this, stock should pop at open thru $70+ then watch for a nice gap fill pullback to $67.50 or under then look to go LONG on it, if this pulls at open to same area then look to go LONG

10) $PH  BofA upgrades from Neutral to BUY with $180PT from $157  WOW!!! (152.63)
Stock Gapping up +$2.25 I like to see this pop more on this to $156+ at the open then look for a nice sell off on it gap fill to $153 area or under then go long, if this pulls at all at open I want this for a nice slow all day move to $160+

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Notable Calls:

$RH  Key Banc Tags a BUY rating with $34PT (26.68)  Gapping up +$1 I would wait for the pop at open then wait for the decent pullback on it to $26.85 and under then look to go LONG on it for an all day slow move to the upside

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