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Pre Market Game Plan by AJ – 1/22/18

1) $LTBR receives US approval for key patent for innovative design (1.47)
Stock Gaping up .80 News is ok, not huge, but I like enough to see if this pops at open towards $2.50-$3 then look for a nice downside move on it on profit taking towards $1.80 spot or under then we will watch for bottom curl LONG and see if this gets volume on a flag and we move it or not. Lets see how it sets up at the open

2) $ARRY Phase 1b positive results (13.14) 2 upgrades this morning already on this with $20PT from Stifle
Stock Gaping up +1.40 I would like to see this squeeze a little more at the open towards $15-$16 then look for a nice short on it back to $13.50 and under then look to go LONG on it, if this pulls at open to same area or under look for bottom curl on it and look to go long for a slow all day move to the upside. I like to see this pop and sell off Imo

3) $NINE Friday’s great #IPO that touched $29 (26.10)
Stock Gaping up +$1 I like to see a nice pop and open towards $28+ area then nice decent pullback then bottom curl then look to go long on it towards $30 after the pullback, if this pulls at open to $25 area would scale in LONG and play a nice 2-3pt bounce on it, more it pulls better the play for us.

4) $SGMO Gaping up on $BIVV $JUNO (17.75)
Stock Gaping up +$1 Any pop at open Imo would be a short on a gap fill back to $18 and under, if this pulls at open to $18 and under I would look to go LONG on it for a slow all day move to the upside.

5) $NUAN Earnings Beat (17.01)
Stock Gaping up +$2 I like to see a quick pop at open we may see $20-$21+ on it at the open if we do scale in SHORT and look for a nice 2-3 point gap fill profit taking pull for quick money if this pulls at open to $17.50 and under watch for bottom curl then look to go long on it. Should be fun once it pops, pull and sets up for the day

6) $PETS Earnings Beat (53.24)
Stock Gaping up +5 I like the beat, BUT i think we are up thin and a little too much here I would give it a little more room towards $59-$60 scale in SHORT and look to get a few points on it to $55 and under, if this pulls at open to $55 and under look for a nice LONG on it for a bounce should be fun back to highs

7) $MZOR Gaping up on NO NEWS!!! I like this as a SHORT on a gap fill (58.88)
Stock Gaping up +$2.60 I would like to see a little more push at open towards $62-$63 would scale in SHORT for a nice gap fill pull to $59.50 and under MZOR tends to give up there gap ups on little to no news so keep an eye on it for a nice sell off pullback on it.

8) $SANM Horrific Numbers and guidance terrible should get hurt more announcing restructuring (35.45)
Stock Gaping down -$8.20 I would NIBBLE small amount LONG give it room to $25 at the open I’m looking for a short covering bounce towards $29-$30+ then a nice SHORT on it for all day fader, expect massive downgrades on this as well. If this pulls at open to $25 and under watch for shorts to come in and cover for a 2-3pt pop before fading off again

9) $IOVA Chardons Top Pick $30PT (YOU all know I hate Chardan but can’t ignore the gap up and PT on it (10.70)
Stock Gaping up +1.00 Would let it rip thru $12-$13 at the open short it back to $11.25 and under look for bottom curl on it then look to go long for a slow all day move back to highs maybe see $14-$15 on this call

10) $BLUE Gaping up on JUNO news (175.95) Love the move but expect BLUE to give back half of this gap up before longing it.
Stock Gaping up +$10 I would nibble some SHORT here at $185 but you must give it room to $187 at the open or a tad more looking for this to gap fill back to $178-$180 and under then look for bottom curl on it then go long for a slow move back to highs. Should be fun filling some of the gap after initial pop if it comes

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Notable Calls:

$OSTK Gaping down on Bitcoin (77.48) gaping down -2 points would take some long at $75.50 look to hit $78 at the open on gap fill then eye the short should be fun for quick money.

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