Pre Market Game Plan

Pre Market Game Plan by AJ – 3/7/18

1) $ZSAN Gaping this morning (9.28)
Stock gapping up +.75 I like to see possible pop and push at open maybe we get $11+ then look for some topping on it and pull it back on some gap fill profit taking then look to bounce it again, the fact its up is telling me they want more at the open before sliding back down so lets keep an eye on the volume

2) $CVNA Earnings Miss (18.68)
Stock Gapping down -$2 I would like to see a small pop at open maybe we get $17.75+ then look for topping then all day fader to the lows, if this yanks at open to $15.50 spot or under go LONG and bounce it for 1-2 points

3) $BZUN Just absolutely an incredible O/N Call to SHORT and wake up to money today (48.21)
Stock Gapping down -$3 I would like to see this pop at open on short covering to $47+ then look for some topping on it then look to fade it back down for slow fade, I think it peaked yesterday on the squeeze but we will see. If this pulls at open and lower lows begin to set in then I am looking for a $43.50 area to bounce it back 2-3 points before fading it, so lets see how it sets up.

4) $MOMO THIS IS IN PLAY LIKE $BZUN YESTERDAY #Earnings Beat (33.97)
Stock Gapping up +4.60 This is up alot, BUT this may squeeze even more at the open possibly to $40+ so be careful but around $40 I would look to short it back to $35-$36 then go long on it, if this pulls or sells off at the open at all to $35-$36 on profit taking then go long for slow all day move to the upside.

5) ********$MDLZ Block Trade (45.57) took a few long at $43.75 will give it room on any pull back at the open
Stock Gapping down -$2 on Block Trade I like to see this simply get back to $44.50 or more at the open for quick money or slow all day move to the upside on any pullback I will be adding, the only reason this is down is simply because some fun bought a significant size of stock and a discount price.

6) $ROST Earnings Miss (80.51) Could see that coming with $TGT missing yesterday
Stock Gapping down -$4 I would look for this to possibly pop at open on some gap fill to $79+ slowly before topping off and fading, if this pulls at open towards $74-$75 lean into it a little long and play a nice 2-3 point bounce, more it pulls better the bounce on it

7) $MED Nice #Earnings beat (67.51) up thin took a few short at $77.40 will let it rip for more at open think we gap some
Stock Gapping up +$11.50 Great Beat but with market down I’m thinking a decent profit taking sell off to $73 and under, I like to see this pop towards $79-$80 and add into it and allow the stock to slowly gap fill back to $72-$73 and under, if this pulls at open this would be awesome but lets see how it sets up

8) $DLTR Earnings Miss (104.36)
Stock Gapping down -$13 I would like to go LONG nibble some if this opens above $93.50-$94 then possible move to $95-$97 before topping off and fading, if this pulls even harder at the open to $88 and under I would look to begin nibbling long for a nice bounce to $92-$93 or more More it pulls better the play for us on the bounce

9) $ESPR PHASE 3 APPROVAL (77.82)
Stock Gapping up +$8 think this simply gap fills on profit taking to $72 and under then scale in some long and bounce it should be fun on the pullback then the bounce. Should catch 3-5 points on the downside and 3-4 on the upside.

10) $ADSK Earnings Beat (119.87) multiple upgrades on this, this morning
Stock Gapping up +$13 I would like to see this pop at open some to $135-$136 or more then look for some nice gap fill profit taking short on it to $125-$127 and under on it then look for bottom curl then go LONGm if this simply pulls at open $127 should be the bottom on it BUT it may give a little more

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Notable Calls:

$OLED Gaping down -$2 (122.15) I like this to bounce on this gap down but would like to see just a little more pull at open to maybe $118-$119 area then go long and bounce it back to 122+ then short it back down again. I like the range and the fact its gaping down on it

$TLND 3.9mil #OFFERING (50.11) stock gaping down -$2 would nibble a few long at $48 give it room to pul at the open and look for a slow grinder back to $49+ more it pulls at open better the bounce on it. should be fun

$YY I like this on weakness so if this pulls at open to $115-$116 look to nail some long, if this pops at open to $120+ look for a decent pullback on it, I think we have 1 more day to watch this make a possible move, in the end I want to see this settle around $125+