Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 3/2/17

1)  $AUPH    announce its Phase 11b met endpoints (3.71)
Stock gapping up +$2.75 I like to see this pop a little more at open on short covering to $6.75-$7.25 area then watch for topping then potential slow move to the downside, expect an offering on this volume and price action. It will come imo but for now lets try and milk what we can get out of it.

2) $MYOS  Look for continuation on yesterdays news (3.09)
Stock gapping up +.50 I like to see this pop at open to possibly thru $4+ then look for a nice gap fill pullback I would like to see $3.20 or under then we can bottom curl it then go LONG for a potential nice move today

3) $PSTG  Earnings Miss (11.33)
Stock gapping up down -.50 I like to see this dump at open to $9.50 or lower and we play a nice .50-$1point bounce on it, if this pops at open to $11.20+ Scale in SHORT for an all day fader on it. I hope it pops at open

4) $PTCT    #FAIL  (13.18)
Stock gapping down -$3.50  2 ways to play this, I like to see a pop at open to $12+ then watch for topping then scale in SHORT for an all day fader on it, if this pulls hard at open back to $9 on a sell off, definitely scale in LONG and play a nice 2point bounce again

5) $CLLS   Nomura Tags a BUY rating with $49PT (22.89)  SWING IDEA
Stock gapping down -$1.13? I would actually take a few here at $21.70 area add on dips I think this gets moving to $24-$25 we just need it to pop and flag at the open. Keep an eye on it, with this PT and Wells at $33 the other day maybe this gets going I would consider buying on weakness

6) $PBYI   Roche RHHBY met its Primary endpoint (38.05) **NOTE  Citi says BUY on weakness  RBC Tags a $17PT Hmmmmm
Stock gapping down -$8.50 2 ways to play this, if this pops at open chase a few to $33-$34 then look to fade it, if lower lows set in at open and it pulls hard chase a few to $22-$23 before it bounces this is going to be very interesting who wins this battle, I personally think RBC $17PT wins

7)  $MNST  Earnings Beat (42.01)
Stock gapping up +$6 I like to see this pop a little more at open to $49 area on short squeeze then look for this to sell off on profit taking to $44 and under then go LONG if this pulls at open on profit taking I think $43-$44 will be the bottom then go LONG lots of upgrades on this

8) $TDOC  Earnings Miss (22.45)
Stock gapping down -$2.35 on No volume, any pop at open at $21.75-$22 area scale in SHORT for an all day fader on it, if this yanks at open to $18-$19 play a nice 1-2point bounce wait for this to set up

9) $JUNO  Earnings Miss plus 3 deaths reported (25.31)
Stock gapping down -$2 I like to see this dump at open hard to $20-$21 then play a nice 1-3point short covering bounce on it, if this pops at open to $24.50+ scale in SHORT for an all day fader on it

10) $AVGO  Earnings Beat (215.14)  Mutiple PT increases from $240-$270+
Stock Gapping up +$10 I like to see this pop at open to $227-$230 then eye a nice 3-5point pullback then curl it then go LONG, if this pulls at open to $220 or under look to go LONG on it back to Pre-Market highs

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Notable Calls:

$XLRN  Nomura Tags a $58PT (28.69) Gaping up +$1 I like this call wait for small pop at open to $30 plus then eye the gap fill pullback to $28.75 area then scale in LONG for a nice all day slow move to $30-$31 on this call

$EXAS  Study Shows Promise (22.15) Gaping up +$1.50 I like to see this pop at open to $24-$24.75+ area then watch for topping then scale in SHORT for a nice fader on it, if this pulls at open and gap fills to $22.40 or under go LONG on it.

$IPDN  Keep an eye on this, I this pops thru $14 again It could flag and have more uspide on it. (13.39)

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