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Pre Market Game Plan by AJ – 8/14/17

1) *****$KALA Multiple Upgrades today BofA $33 JPM $35 Wedbush $46 (19.66) SWING IDEA $25+ by Thur/Fri imo
Stock gaping up +$2 I the call, stock is up on thin volume, so watch for quick pop at open to $22+ possibly then wait for the pullback on it then go LONG, if this touches $20.25 and under at open scale in LONG and look for an all day slow move to $21.50-$22.50

2) $CVM FDA removes Clinical hold on Phase 3 (2.31)
Stock gaping up +$1.50 I like this news, so watch for a pop at open thru $4.25 possibly $4.70+ area then look for this top off, 2 ways at the point if lower lows set in then look for this to fade off, if this pulls hard at open to $2.90 and under on profit taking watch for bottom curl then look to go long on it, lets see how this sets up at the open, I would love tho short this huge back down to $3

3) $FRSX Chardan puts a buy rating with $15PT (4.60) Possible Swing after initial pullback to $7-$7.50 by Wed/Thurs
Stock gaping down -$1.70 Really Really, on a Chardan upgrade Stock is up on this volume so just wait for the chasers to pop it at open to $6.50-$7 then short it and gap fill it back to $5.20 and under then scale in a few LONG AFTER!!! The pull back the swing for a few days

4) $ZYNE Did not meet Primary endpoints (7.03)
Stock gaping down -$1.50 I think Investors are growing tired of this ZYNE so I would like to see a bounce of the $5 level to $6-$6.35++ then watch for topping then possible all day fade on it, if this pulls hard at open under $5 watch for bottom curl take a few and go LONG on it

5) $TSEM Showing strength this morning with the rest of the semiconductors (24.81)
Stock gaping up +$2 I like to take a few SHORT here at $26.40 level add on any pop at open to $27 and look for a nice gap fill shot fade back to $25.25 and under then look to go LONG on it, if this pulls hard at open let it flush and cover then bottom curl it then go LONG

6) $AAOI Gaping up should have a nice day in it with market up (65.84)
Stock gaping up +$2.30 I like to see this pop a little more at open thru $68+ then watch for topping gap fill it quick short to $65.50 and under then look to go LONG on it for an all day slow move towards $70, love this stock just wait for it to set up for us on a bottom curl then look to play it to the long side

7) $GLPG Gaping up on Fridays $105+ Upgrade stock has room (83.73)
Stock gaping up +$2.10 I like to see quick pop at open to $86.50-$87 look to gap fill this back to $84.35 and under then look to go long on it for an all day slow move to $86.50-$87.50 think once this pops and pulls and bottom curls we start another leg higher on it

8) $VMW Earnings Beat plus Buyback (91.95)
Stock gaping up +$5.50 I like to see this pop a little more and short squeeze this thru $97+ then watch for some topping then look for this to gap fill and quick short to $93.50 and under then look to go long, wait for this to set up stock has range but up too much at the moment so wait for it to pullback once you see that topping nail a couple points short to the down side.

9) $NVDA Gaping up on Upgrades and Market being up UBS Tags a Buy rating with $180PT from $168 (155.96)
Stock gaping up +$3.10 I like the call I would actually consider taking a few short here at $158.70 room to $160 at the open and look for a nice gap fill pullback to $156.50 or under then look for bottom curl then go long for a nice leg up and all day slow move towards $159-$160 this gap up is very nice but you know NVDA always sells off their gaps

10) *****$NTES Semiconductors up HUGE (280.96)
Stock Gaping up +$5.50 I like to see this pop at open to $287+ then scale in short for a nice gap fill pullback to $281-$282 take a few LONG and look for an all day slow move to $287-$290 think this rebounds today off the gap up

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Notable Calls:

$TPX Piper Tags a BUY rating with an $80PT from $61 (60.14) I like this to have a run to $63-$64 today so watch for the quick pop at open then look for this to pullback and gap fill back to $60.50 and under grab a nibble and look for this to have an nice all day slow move to the upside, stock is thin right now no market makers on it so watch for the initial pop then pull it and go long

$CSIQ Missed on Earnings (17.20) Gaping down -$1 2 ways this pops a little at open towards $17 then scale in short for an all day fader on it, or this pulls hard at open to $16 touch area or under watch for bottom curl then take a few LONG for .50-$1 point bounce

$LXFT watch this to rebound back to $48 area would consider taking a few at $46+ think this has a decent rebound day in ti.

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