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Pre Market Game Plan by AJ – 3/27/17

1)  $HTGM  What a nice short squeeze (9.65)
Stock gapping up +$3 Crazy stock, look for a quick pop at open possible to $13.50-$14 then pullback on it, I would like to see this thing flush to $9.75-$10.50 area then look for a nice small pop then another possible run to $15+ on it

2) $GBR   Small cap stock getting attention from Chat rooms since lack of plays for them (1.62)
Stock gapping up +.50 One to watch with volume look for this to pop at open to $2.20-$2.50 then pullback on gap fill to $1.80 or under then scale in LONG for a nice all day slow move to the upside, if this pulls hard at open to same are look for bottom on it then go long NOTE: This must have some volume to get this thing to rock so watch the opening

3) $WFT   Joint Venture (5.89)
Stock gapping up +.50 think this just pops at open lower lows set in then look for an all day fader on it. I don’t think this news will give it much push so watch for topping then slow all day move back to lows on it. IMO

4) $PRTK   Phase 3 met primary endpoint (15.85)
Stock gapping up +$3 I like to see this pop some at open possibly to $19-$20 at the open then look to scale in SHORT on it and slow fader back to $16.50-$17  I like the news, but its not ground breaking but its phase 3 so let it pop then watch those lower lows to set in then fade it

5) $APOP   first sell procedure positive (6.26)
Stock gapping up +$2 I like to see this pop at open to $8.50-$9 then look for this to fade off, I think the news is garbage but let it pop as soon as those lower lows set in grab some short and let this fade off back to $6.75-$7 or under

6) $GIII   Horrible Guidance  (22.92)
Stock gapping down -$3 this should get wrecked today Traders I like to see this actually pop at open to $21.50-$21.75 before it tops off and sells off all day, I think we get some short covering then fade it, if this pulls hard at open to $18 area scale in LONG and play the 1-2pt bounce

7)  $MTCH   Citi Tags a BUY rating with $22PT (15.88)  NOTE:  Bottom Play
Stock gapping none, if you can grab some below $16 I think this will have a nice 1-1.5pt play in it today to the upside possibly to $17, I like the call and that its on the bottom so look for buyers to come in and pick this up

8) $EXAS  Cowan Tags a BUY rating with $30PT (21.08)
Stock gapping up +$1 I like the call so let it pop a little more at open to $22.50-$23 if it comes then look for the downside gap fill back to $21.20 and under then look for bottom curl on it then scale in LONG for an all day slow move back to highs, this is up way to much so look for a nice short on it on the gap fill

9) $CALM  Earnings Miss (37.35)
Stock gapping down -$2.35  2 ways this pulls at open to $34 and under then play a nice 1-1.5pt bounce on it for a nice move if this pops at open let it push to $36-$36.75 area on it watch for topping then scale in SHORT on it for an all day bleeder

10) $SNAP   Multiple Upgrades all around $27-$30 (22.74)
Stock Gapping up +$.70  Personally I think any pop on this to $25 area look to fade it back to $22-$23 if this pulls hard at open and sells off below $22.50 or under play the 1-1.5pt bounce then re-short it.  The 27PT shows that the stock to me is right where it needs to be but wait for the pop and drop on it

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Notable Calls:

$MU  (28.43)  would take some short at $28.30 add on any pops and look for this to fade back to $27 and under on it

$IPXL  News CEO appointed (9.25) Gaping up +$1.40  would watch for a quick pop at open to $10.70-$11 then look to fade this back all day to $9.50-$9.65 on it

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