Updates

A leader is built by the profits of his followers

Pre Market Game Plan by AJ – 6/27/17

1) $ARNA Citi Tags a BUY rating with $23PT (15.08)
Stock gapping up +.50 I would actually take a few here at $15.50 room to add at the open looking for this to hit $17 on this PT upgrade this morning, should be a slow and steady one to the upside
2) $ALDR Meets secondary endpoint BUT losing a lot of cash could run out according to statement (18.70)
Stock gapping down -$4 2 ways to play this, this pops at open on short covering to $17.50-$18.50 then all day fader or this pulls hard at open to $12-$13 and we play a nice 2-3pt quick bounce before fading off. I would actually prefer small pop to $16 at open then pull and lower lows set in and then slow all day fader
3) $COOL Gaping up on mixed market (27.92)
Stock gapping up +$1.70 I would actually scale in SHORT here at $28.50 room to add at open look to gap fill this to $27 and under then bottom curl then take a few long around $26 area for a nice slow move back to $28.50-$29

4) $BOX to partner up with $MSFT for cloud content (19.14) BIG NEWS!!!! $BOX needed this
Stock gapping up +$.85 2 ways to play this. This pops at open hard to $20.50-$21 then look for a decent gap fill pullback to $19.25 and then go LONG all day move to the upside. Or this pulls quick and gap fills to $19.25 then we go long on it should get u/gs today

5) $CARA Gaping up on continued strength (25.41)
Stock gapping up +$1.25 I would scale in SHORT here at $26.50 area room to $27.50+ at the open look to gap fill this back to $25.50 look for bottom curl on it then look to scale in LONG for an all day slow move back to highs
6) $ESPR Mulitple upgrades this morning UBS is $57 Stifel is $60PT + FDA confirmed pathway approval (42.87)
Stock gapping down -$1.50 if this pulls at open to $41 and under go LONG any pull at open imo would be a buying opportunity so watch a quick bottom if this pops at open to $44-$45 then wait for the quick snap pullback on it before scaling in LONG for an all day slow move to the upside
7) $AAOI I think we have another day to play with this range stock (61.59)
Stock gapping down -.30 with market pulling a little, I would love to see this pull at open to $59-$60 area and scale in a few for room to $63 on a quick pop if this pops at open to $63+ scale in SHORT for a nice fader to $59-$60 should be fun
8) $TMUS down on Sprint is in talks with CHTR (63.15)
Stock gapping down -$3.15 I would consider taking a few at $60.50 think this pops at open on short covering to $62.50_ then possible slow fade, if this pulls at open again hard to $59-$60 watch for bottom curl on it then slow move to the upside back to fill some gap
9) $DRI Earnings Beat (90.08) TOLD YOU ALL TO OVERNIGHT LONG on this stock that they would beat today! THEY DID!!!
Stock gapping up +$2.75 I like to see this pop a little more at open to $94+ area on short squeeze then look for a nice slow pullback on gap fill to $91.50 area then look for a nice slow all day move to the upside, if this pulls hard at open and gap fills to $90.50-$91 then go LONG for an all day slow move to the upside
10) $WDC Mixed Earnings (92.66)
Stock Gaping down -$1.25 I would consider grabbing a few long at $91 area with room to add on any pullback to $89-$90 noticed analyst saying to grab on weakness stock may head to $93-$94 so lets watch for it

___________________________________________________________________________________________________________
Notable Calls:

$XENE look for a pop at open to $3.40-$3.50 area scale in SHORT for an all day bleeder to $2.50 area (3.80)

 

Back to top