Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 2/23/17

1)  $CETX  Rebound from yesterdays disaster plus Ccall at 11am should rebound the stock more (3.40)
Stock gapping up +.50 I was calling for $4-$4.25 when it hit $3 yesterday, I told you step by step what was going to happen on the stock, so today lets see if it pops at open to $4+ then small pullback then curl then possible slow move up to the 11am call then possible topping on it and we head back down.  Definitely a nice winner today!!!

2) $PTX  receives favorable opinion (2.74)
Stock gapping up +1.10 I like to see this pop at open on short squeeze to $4.25-$4.50 then watch for topping then scale in SHORT for an all day fader on it. I don’t think this will hold up on just an opinion

3) $SQ  Earnings Beat (15.04)  SWING IDEA 8 days ago to go LONG at $13.75 today $16.75  
Stock gapping up +$1.60 I like to see a nice pop at open to $17+ then watch for topping think this gets sold off some at open at least -$1 on profit taking alot of bag holders on the stock so watch for a nice pull on it then bottom curl then scale in a few LONG. should be fun today

4) $UCTT   Earnings Beat (12.58)
Stock gapping up +$1.80  I like to see this pop a little more at open to $15+ then look for a nice gap fill pullback on it to $13.25 or lower on profit taking then scale in long on a bottom curl if this pulls at open to same area then go long on it

5) $HRL   Earnings Miss (37.30)
Stock gapping down -$2  I like to see this pull at open to $34 and under then bottom curl it then scale LONG on it for a nice 1+pt play on short covering, this is a a wall street favorite so watch for potential rebound, if this pops at open to $36.75 area or more lean into it short and fade it all day

6) $CTRP  Earnings Beat (47.59)
Stock gapping up +$3 I like to see this pop a little more at open to $51+ then watch for topping then look for this to gap fill pull back to $48.50 or under then scale in LONG on it, if this pulls hard at open to same area then definitely look to go LONG on it

7)  $LB  Earnings Miss (58.13)
Stock gapping down -$9  2 ways this pops at open and pushes thru $53-$54 on short covering then scale in SHORT for an all day fader, if this pulls hard at open to $48 area take a few LONG and play a nice 2-4pt move to the upside on it on short covering

8) $CRI  Earnings Beat (83.58)
Stock gapping up +6.50 I like to see small pop at open then possible pull to $85 or under on profit taking, this is up a little to much so watch for a nice pull on it if this pulls to same area at open then scale in LONG for an all day slow move back to highs…stock has range today

9) $EW   BSX announce removal of Lotus Devices (92.21)
Stock gapping up +$10 I would scale in SHORT over $100-$102 and look for a nice gap fill pullback to $95-$96 or under, love the news but up too much so watch for the fade if this pulls hard at open and flushes out to same area then scale in long on it back to highs, expect upgrades today on the stock

10) $NVDA  Multiple downgrades today $85-$90 (110.76)
Stock Gapping down -$5  any pop at open to me is a SHORT so look for this to hit $100 today on this call or lower, if this pulls at open hard to $100 or less go long and look for a nice 2-4pt rebound then re-short it

 

___________________________________________________________________________________________________________
Notable Calls:

$MBOT  looking for some continuation, stock never gave up and also gapped up possible another run it it. (7.50) Stock gapping up .50 I like to see any pullback as a buying opportunity, if this pops it will push fast thru $8-$8.50 then I will see and watch the volume come in if it does then possible move to $10, this is definitely 1 to watch since it did not gap down huge today

$CBMX   Earnings Beat (4.10) Stock gapping up +1.10 I like to see this pop at open then possible push thru $5-$5.50 then look for some profit taking to kick in and short it, higher it goes better the short, if this pulls hard at open to $4.30 or under watch for bottom curl then go LONG

$WAAS   Raymond James Tags a “Strong BUY” PT is $27 a shares (18.00) If you can pick up any stock around $18-$18.50 or lower would grab some and swing some to $20-$21+ a share either today or by tomorrow.

Back to top