Pre Market Game Plan by AJ – 4/24/17
1) $OPTT Release a BUOY in the Ocean (1.83) So stupid, no words, Anything to move a stock FORMER RUNNER
Stock gapping up +95% wow….well with that said, lets see if this pops at open to $3.75-$4+ then look for a decent gap fill pullback to $2.50 and under then we will see if this bottom curls and pops, If this pulls hard at open to same are and bottom curls and breaks out on a Flag watch for this to run nice.
2) $RGSE Earnings out Q1 sales of 1.96million +194% Q/Q Steady Growth (1.10) Former Runner
Stock gapping up +.40 would take a few at $1.40 area add on dips think this can have a nice slow push to $2 with decent volume one to keep an eye on, stock is cheap and a lot of sheep will want to chase this. If this pops hard a top on a chase watch for lower lows t set in then look to fade this all day back to $1.25 or lower. If this pulls hard to $1.25 bottom curl it then consider going long
3) $HTGM Enters Research collaboration with Insituto (5.41) Former Runner
Stock gapping up .11 would take a few here risk to $5.25 area think this may get a nice pop at open and lower runner thru $6-$6.50+ if it pops hard at open look to fade it all day back to lows.
4) $AKTX receives positive data (20.50) This was a swing idea we started Tuesday at $13.90 hit $23 this morning for +$10pts
Stock gapping down -$1 would like to see small pop at open on short squeeze then watch for topping on it then possible all day fader to $17.50 or lower if this pulls hard on profit taking to $16 and under play a short covering bounce on it for 1-2pts then look to re fade this, many bought into this last week and will most likely be profit taking on it driving the stock down.
5) $CYOU Earnings miss and Guidance (30.54)
Stock gapping down -$2.10 I like to see a nice small pull at open followed by a short covering pop to $29 to $29.70+ then watch for topping on it then look for an all day fader on it. If this yanks at open to $26.50 level or lower play a nice 1-2pt bounce then short it
6) $AAOI Continued Strength from Friday being added to the S&P (45.54)
Stock gapping up +$1.30 I like to see this do a small pop at open to $47+ then look to gap fill it back to $45.70 and under and then watch for bottom curl then go long, if this pulls at open to $45.70 and under then scale in LONG for an all day slow move to the upside
7) $SRPT Barrons out very positive and suggest 50% upside move (32.61)
Stock gapping up +$1.30 I like to see this pop at open to $34.50-$35.50 area watch for topping then look for this to pullback and sell off and gap fill it back to $33 and under then watch for bottom curl then nice slow all day move to the upside. I like the article just remember SRPT has a habit of selling off. so just be watchful of the pullback if it comes.
8) ***$XLNX Credit Suisse Tags a BUY rating with $70 PT (57.69)
Stock gapping up +$1.85 I like to see this pop a little more at open thru $60+ then look to scale in SHORT for a nice gap fill pullback to $57.80 and under the higher this pops the better the fade on it, if this pulls hard at open and gap fills then scale in LONG for an all day slow move to the upside
9) $MZOR Downgraded at Barclays to $32PT (35.68)
Stock gapping down -$1.00 any pop at open would consider shorting the stock, so watch for some short covering at open to $35.20+ if it comes scale in slow on the short side and just wait for the lower lows to set in and then look to fade this to $33.50 or lower
10) $HAS Earnings Beat and Guidance (96.03)
Stock Gapping UP +$6.50 I like to see a nice push at open for 1-2 more points then watch for topping on it to $105 area if ti comes then scale in SHORT and pullt his back to $98-$99 on profit taking then consider long, if this pulls at open to same areas thne watch fr curl on it then go LONG
$GLPG Janney Cuts this to SELL with $73PT (86.70) to me any pop at open to $88+ look for a nice short on the stock, if lower lows set in right at open then slow fader to $83-$84 an under