1) $IMBI Shaquille O’Neal launches Invicta Collection watches (3.15) should sell some first! LOL
Stock Gaping up +1.75 would NOT long it unless we see $5.50-$5.70 with huge volume then run it to $6-$6.50 then slow fader if small pop at the open and lower lows set in then look for a nice alllllllll day fader to $4 and under
2) $PINS Wells Fargo boost PT to $30 (22.95) Better late then never
Stock Gaping up +1.10 would nibble some short at $24.05 level room to pop at open towards $24.75+ top it off and look to gap fill this back down to $23.25 and under bottom curl it then slow all day move to the upside
3) $FTSV Oppenheimer raises PT to $60 from $35 (41.15)
Stock Gaping up +3.00 would take small short at $44.30 area room to $45.50+ pop at the open look for this to gap fill back down to $42-$42.50 and under bottom curl then slow all day move to the upside. I will be playing this
4) $PLAY KKR “Raises” stake in the company (42.04) So what!!!!
Stock Gaping up +4.10 would nibble small short at $46 room to $48 pop at the open then look for gap fill short back down to $43 and under bottom curl then slow all day move to the upside, I will be playing this
5) $PRGS Earnings Beat (47.54)
Stock Gaping up +5.00 If this snaps $51 at the open short it quick for a quick flush to $50 otherwise, let the stock push a little more towards $53-$54 top it off then nail the downside of it, if this simply snaps at the open to $48.50 and under bottom curl it then go long will have an all day slow move to the upside back to pre-market highs THIS WILL NOT GAP FILL ALL THE WAY!
6) $WDC Wedbush Tier 5 company upgrading stock to $83 from $55 (68.67) Better late then
Stock Gaping up +1.80 would let this push a little more through $71+ then scale in short and look to gap fill this back down to $69-$69.25 and under then bottom curl it then slow all day move to the upside
7) $EXPD issues downside guidance .78 cents from $.94 OUCH (81.34)
Stock Gaping down -$6 would love to see this flush out below $70 at the open then quick 3-4 point short squeeze cover then all day sell off slow to $68-$69 area, if this pops at open towards $78+ scale in short and look for an alllllllllllllllllllll day slow fader on this. Let this set up for us
8) $JBHT misses on the top like guides in line (119.76)
Stock Gaping down -$5 conference call coming at 7:00am PST would like to see more sell off into the call towards $110-$112 then look for the call to come and push 2-3 points to the upside then grind out. More it pulls into the call more this will most likely pop a few more points to the upside once the call begins If this gap fills some and pops over $1167-$117 scale in short for an allllll day fader on it
9) $BIDU Oppenheimer RAISES PT to $165 from $145 (139.49)
Stock Gaping up +2.50 I actually love this call would prefer more pop at open towards $143-$145 then let it gap fill pullback to $140-$140.50 and under then bottom curl it then slow all day move for 3-4 points to the upside. If this snaps and gap fills to $140 and under GO LONG!!!
10) $TSLA Another day of range in the stock for us (513.49)
Stock Gaping down -$11 would love small recovery back to $515+ then look for pullback to $498-$500 area watch for bottom curl then another push to the upside. If this yanks right the open to $498-$500 and under lets nail to the upside for nice 5-7 points or more
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Notable Calls:
$ADBE Oppenheimer out raises PT to $410 (345.38) Gaping up +$3.50 would like to see small push at open to $350-$352+ top it off then look for a nice 2-4 pt gap fill on it, if this pulls at the open and gap fills back to $346-$346.50 bottom curl it then slow all day move to the upside
$EHTH SunTrust Raises stock to $200 from $150 double the amount (92.68) No MM’s on it yet should open around $95-$97 area then look for decent gap fill pullback to $93.50-$94 and under bottom curl it then slow all day move back through pre-market highs, this his $99 3-4 days ago so look for this to have range today I WILL BE PLAYING THIS!!!!
$RIO Nice FY20 update on Positive shipments (59.15) Gaping up +$2 would take small short at $61 area room to $62 pop at the open look for nice gap fill to $59.50-$60 then bottom curl it then slow allllll day move back to pre-market highs
