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Pre Market Game Plan by AJ – 2/21/17

1)  $EYEG  enters exclusive Worldwide licensing agreement with VRX (1.63)
Stock gapping up +.60 I like to see this pop more at open possibly to $2.75-$3 then watch for topping then possible lower lows to set in and all day fader, EYEG typically sells off their news regardless how amazing so watch for it. More it pops if it does better the fade

2) $APOP  positive final results from “Clinical” Trial (5.83)
Stock gapping up +$1.50 imo this is a over reaction its a clinical trial, I think this pops at open possibly to $7.90 to $8.25 then watch for topping then look for this to fade off, I think this is over done up here. We still have Phase 1-3 to go thru. More it pops better the fade

3) $TROX  Nice acquisition and great earnings (14.42)
Stock gapping up +$2 I like this, should see this pop at open to $17-$17.50 then eye a small pullback to $15.50 and under then look for this to possibly make a nice all day slow move to the upside. If this pulls at all on profit taking, it will be quick and bottom curl will set in fast then we can let this move up.

4) $KINS gapping up +$2 on small volume and little news (13.65)
Stock gapping up +2 on NO NEWS or PR look to fade this, would take a few at $15.40 area look to add on any pop and watch for a nice gap fill short on it. Should give back to $14 and under real fast so should be a quick short. Has range but again moving up on NO news

5) $LL  Earnings Beat  (15.36)  Nice beat
Stock gapping up +$1.10 like to see this pop more at open to $17-$17.50 then watch for topping scale in a few SHORT and gap fill it back to $15.75 and under this will have range today but the earnings beat nice, so let it pop as much as it wants then short it on the gap fill alot of bag holders on this stock, if this pulls nice at open to same area then look to go LONG all day slow move to the upside

6) $MNTA  Nice earnings beat BUT received FDA warning letter (19.00)
Stock gapping down -$5  2 ways this pulls hard at open to $13.50 area then look for a nice bounce for 1-3pts on short covering, I actually like it here at $14.70 to go long, would consider maybe taking a few and adding on any pull this will bounce at least 2pts so once it finds bottom curl and a few buyers come in ok to chase at open

7)  $TEVA  gaping up on the PFE/MNTA warning letter (35.20)
Stock gapping up +2.50  I like to see quick pop thru $38+ then watch for topping then look to scale in SHORT for decent profit taking to $36 an under, if this pulls hard at open to same area then watch for bottom curl then go long, more this pops at open better the short for us, so watch for profit taking to kick in.

8) $EXAS  Earnings Beat and raises Guidance (19.91)
Stock gapping down -$2.60   Like to see this pop a little more at open to $22-$22.60+ then eye on topping on it then look to gap fill and fade this back to $20.50 or under, I like the beat but it needs to fill some gap so watch for the pop it may get some nice strength at the open so $23++ is very possible before it tops off.

9) $ACIA  gapping up, I can’t find any news or PR (66.58)
Stock gapping up +$2.00  I would take a few short at $68.50 then look to add on any pop at open to $69-$70 look for a nice pullback gap fill to $67 and under for quick money, I love this gap up I think it will give back before doing a nice leg up imo.

10) $EW  Positive Review from FDA notes (89.74)
Stock Gapping up +$6  I would consider shorting some at $95 with room to add at the open for quick 2-4pt pull at the open if this pulls hard at open to $91 area or under I would consider going long on it. All day move to the upside

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Notable Calls:

$VIPS  Earnings Beat (12.16) Gapping up +1 look for small pop at open to $13.50-$14 then watch for topping then look to fade it on profit taking back to $13 and under if this pulls hard at open to $12.50 or under scale in LONG for an all day slow move to the upside

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