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Pre Market Game Plan by AJ – 5/11/17

1) $SGMO Earnings Beat and Strategic Collaboration with Pfizer (4.35)
Stock gapping up +$2 I like the news, expect a small pop outta of the gate watch for lower lows to set in and top off and look for a potential all day fader on it back to $4.75-$5 and under. Higher it pops if it does better the short imo has a lot of bag holders
2) $LPSN Earnings Beat (7.95)
Stock gapping up +$1 I like to see a small pop at open thru $9-$9.40+ then look for a decent gap fill pullback to $8.30 and under then bottom curl it then look for a nice all day slow move to the upside. Lets see how it opens
3) $XONE Earnings Beat (11.31)
Stock gapping up +$1.00 I like to see this pop at open quick to $13+ if it comes then look for a nice gap fill sell off to $11.50 and under then bottom curl it then scale in long. This has a lot of bag holders so I would prefer a sell off then bottom curl then go long, BUT if it pops a lot at open then short the gap
4) $ELF Earnings Miss (29.08)
Stock gapping down -$1.50 I like to see a quick pop and pull at open to $27 and under if it comes then eye a nice bottom catch on it then go LONG and fill the gap, if this pops at open and quickly gap fills to $28.50-$28.75 area scale in SHORT for an all day fader on it.
5) $SYMC Earnings Miss (33.14)
Stock gapping down -$3 I like to see this pop at open quick to $32-$32.75 area then scale in SHORT and look for an all day fader on it. If this pulls at open hard to $29 area or under watch for bottom curl then go long for 2-3points

6) $M Earnings Miss (29.34) Nothing can save this company imo…I think in 6-12 mos we see JCP numbers
Stock gapping down -$3 2 ways this dumps at open to $24.50-$25 and under scale in LONG and play a nice 2 point bounce on it then re-short it, if this pops at all at open on short covering to $28+ scale in SHORT for an all day fader this will bleed out today imo
7) $PEGA Earnings Miss (47.55)
Stock gapping up +$5 I like to see this squeeze at open a few to $56-$57+ at the open watch for topping then scale in SHORT and look for a nice gap fill profit taking pullback to $49 and under bottom curl it then go long, if this pulls at open to $49-$50 area take a few long on it
8) $MZOR Earnings Miss and downgrades (42.00)
Stock gapping down -$3 I would take a few long at $39 add on dips if it pulls at open then look for a nice quick 1-2point bounce then scale in SHORT on it, if this pulls hard at open let it flush out to $38 and under then go LONG and play the bounce on it.

9) $SNAP Earning Miss (22.98)
Stock gapping down -$5 I would actually take a few long at $17.70 area and add on dips to $17 and look for a quick bounce top $19+ at the open watch for topping then all day fader on it. If this dumps hard at open be patient with the $17 and under area then bounce it nice for 1-2points. I do think this pops first at open then we have an all day fader on it
10) $HOLX Earnings Miss (45.96)
Stock Gapping down -$2 2 ways this pulls at open to $42 area or under then look for a nice 1-2point bounce then we short it for an all day fader if this pops at short covers at open to $45 and under scale in SHORT and fade it all day

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Notable Calls:

$PBYI ******** Citi Top Analyst Tagged a BUY rating with $88PT into upcoming Data (30.65) Gaping up +.80 would grab a few add on dips and swing this for a week or so and see if we get a nice 1 week push into date above $40 I like the risk reward on this will add on dips all the way to $29 and under if it pulls or sells off today. I’m swing this I like the analyst
$SP Earnings Miss (31.70) Gaping down -$2 if this pops at open look for a quick push to $30.50+ then scale in SHORT all day fader if this pulls hard at open to $28 area or under go long and play a nice 1-2point bounce then fade it

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