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Pre Market Game Plan by AJ – 7/10/17

1) $SCYX Roth tags a BUY rating with $8.50 PT (1.95) I hate ROTH w/passion but can’t ignore $8.50PT
Stock gapping up +.10 would take a few here at $1.95 very little risk .10-.15 cents at the most think this has potential to touch $2.50-$2.80 area on this upgrade

2) $PIXY Momentum continues on this Friday recalled went LONG $8.90 today $11.20 I expect more (10.18)
Stock gapping up +.50 I like this to continue on its path to $12 today, so I will be looking to buy any of this on weakness or any pullback. I would love to see this hit below $10 if we get that lucky to lock and load. I think we just see a nice slow upside on this to $12+

3) $AMD WSJ positive this weekend plus with $NVDA gaping up and the $200PT think we have range today (13.26)
Stock gapping up +.20 would take a few starter at $13.50 room to add on any pullback on it have a nice average think we see $14.50 on it today with market being up and Tech rebounding
4) $ANF Talks stalled not good for ANF this company is going down like BEBE (12.16)
Stock gapping down -$1.60 2 ways this pulls at open to $10 and under and we play a solid 1 pt bounce with size before re shorting it, or this pops at open to $11.75-$12 scale in SHORT all day fader on it. Back to lows. I love this trade but need it to set up
5) $XLNX Jefferies Tags a BUY rating and increases PT from $68 to $77 (65.35)
Stock gapping up +$1.50 I love it. SHORT this gap up, I would take a few short here at $66.60 room to add at the open to $68 look to gap fill this back to $65.60 and under then look for bottom curl then scale in LONG for a nice all day slow move back to highs.
6) $DMRC Needham reaffirms BUY rating and said sell off is overdone reiterates $42PT (31.10)
Stock gapping up +$1.60 wowza!!! I would SHORT this would take a few short here at $32.65 area room to add to $34 at open if it comes then look to gap fill this light volume gap back to $31.30 area or lower then look for a nice slow all day move to the upside back to highs
7) $AAOI My favorite Stock the ATM Machine (67.30)
Stock gapping up +..25 I would like to see this pop a little at open towards $69 if it comes then short it and gap fill it possibly back to $67 area or under then look for a nice all day slow move to the upside. Higher it pops better the short, just watch the sell off and bottom curl then go long on it.
8) $PBYI Gaping up on Friday’s pullback and sell off + Leernik out with OutPerform Rating with $115PT (87.05)
Stock gapping up +$2 I would actually take a 100 shares short here at $89 with room to add to $91 at open if it comes then look to gap fill this back to $87.50 or under then look for bottom curl and all day slow move to $90+
9) $NVDA Needham Tags a $200PT (146.76)
Stock gapping up +$2.50 Should be a nice range play today. I would look to SHORT this $149 area with room to $151 at the open gap fill this back to $147.50 and under then look for curl then go LONG on all day slow move to the upside thru $152-$153+
10) $ORLY Barrons out positive over the weekend says to buy on weakness think we get a 5-7pt rebound (172.85)
Stock Gaping up +$1 with wide range I would actually take some LONG here at $173.46 room to add to $171 take a starter think it popst to $175+ then look for pullback on it then bottom curl then slow all day move to possible $180 rebound
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Notable Calls:

$VRX paid down over 800mil in debt (16.23) Gaping up +.20 would take a few long here at $16.40 area room to add on any pullback possible move to $17+ on this news

$AVEO insider buying and Earnings after hours I believe (2.79) Think this pops a little at open wait for the pullback on it watch for bottom curl then slow move back to $3.25-$3.50 wait for the set up should be nice

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