1) $ASUR Sells Workspace Management for $120 Million to raise Capital (6.78)
Stock Gaping up I would NOT BUY this unless we see $9 at the open with volume serious volume otherwise to me this is a pop and fade back down to $7.5 and under Once lower lows set in at $8.40 and under should just slow fade let this set up for us
2) $DZSI Earnings Miss Downside Guidance (9.62)
Stock Gaping up +$1.5 Like to see small pop at open towards $9-$9.15+ then top it off then slow all day fader on it, if the stock pulls to $7.60 or under at the open bottom curl it then bounce it for 1-1.25 points or more to the upside. Like to see shorts come in and cover off the 8 spot at the open
3) $NKTR Goldman out hard to SELL from $54 to $16 PT (18.67) OUCH
Stock Gaping down -$1.50 This is Goldman Traders so once this hits $17.40 at the open look for the stock to gap fill back up to $18.35+ then lean into it short for an all day fader on it, if this pulls hard at the open to $16.50 and under I would be a buyer and walk this back up on short covering back through $18+ More it pulls better the range to the upside
4) $QGEN Earnings Miss CEO transitions out of the company (32.06)
Stock Gaping down -6 would prefer small pop at the open on some short covering to $30+ then top it off then ALL day fader on it, IF this snaps $25.50 watch the $24 area bottom curl off of that and look for a nice 2-3 point short covering on it. JPM out with $26 PT BofA out with $33 Stock should settle down and grind out after the 1st hour or so
5) $ABTX Gaping up on Joining the S&P 600 (31.64) UP THIN
Stock Gaping up +$3 like to see small push at open towards $35-$36 top it off then look for 2-3 point gap fill bottom curl it then slow move back to highs, if this yanks at open do not see more then $32.50 and under bottom curl it then slow all day move back up for 2-3 points This is great for shareholders, let this set up
6) $AMBA reports that DOC Blacklist customer Hikvision (57.22) I would be a BUYER on this dip
Stock Gaping down -$8 I WOULD BE A BUYER DOWN HERE AT $47-48 LEVEL don’t be scared on this if it hits $45-$46 your building a small position, I do NOT think this headline will hold all it will take is 1 comment to say “Not Blacklisted” and Boom this is back up full throttle gap fill. Don’t Believe me…………look at what Morgan Stanley said after I wrote my thoughts on my sticky. Like to see the stock settle around $52-$53 today and just grind out
7) $YY Getting hit on the $AMBA News (56.93) Remember $YY $MOMO $BZUN $BABA didn’t do anything wrong!!!
Stock Gaping down -$1.35 I would nibble some long here at $55.80 room to $54.75 at the open like to see this simply gap fill back up to $56.50+ then top it off then slow 1 point fadem if this yanks hard at the open watch the $54 area as Buyers will come in and buy the weakness for 1-2 points to the upside This will be a fast play so keep an eye on how it opens
8) $BABA Getting hit on the $AMBA News (168.32) Slow Grinder play
Stock Gaping down -$4 I would like to see slow move towards $165-$166 at the open then look for nice slow fade back to pre-market lows, if we get lucky and this pulls to $160-$162 area I would be a buyer on the stock and walk it back up for 3-4 points on short covering and new money coming in
9) $HELE Earnings Beat RAISED GUIDANCE SLIGHT (159.21)
Stock Gaping up +$7 I would nibble very small at $167 area short room to $170 top it off then look for this to gap fill back down to $162.50 and under, imo I do not think this will hold once this snaps $166.50 at the open we should get the remaining 3-4 points to the downside, imo this should not fully gap fill on the numbers, but its up a little to much imo based on the guidance
10) $DPZ Earnings Miss (242.21) Nice 5 point bounce off the $225 level this morning in Pre
Stock Gaping down -$15 imo If this gets through $230 at the open we should see slow move to $232.50-$235 top it off then grind out, if this yanks and we get luck at $220-$222 ccall comes up in 30 mins this should rebound nice 5-10 points on the call. Just wait for it, IMO $222-$225 is a Buying opportunity However this is another miss so the Conference Call is important
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Notable Calls:
$SHOP Market down (326.32) Gaping down -$4 would love to see small pop at the open towards $325+then top it off then look for the nice 10 point pullback on it then bottom curl then slow move to the upside, if this yanks hard and sells off watch the $310-$312 area for buyers to come in and scoop this up
$NVDA Gaping down on Market Pull (184.33) I wanted this yesterday OK like to see gap fill pop at the open towards $182.50+ top it off then slow all fade back down to $179 and under, if this yanks at open watch the $179-$180 area for buyers to come in and walk it up 2-4 points
$OSTK Please notify me as soon as you see $10 and under on this stock $9.50 is a SCREAM yo BUY opportunity so let me know when it comes so I can make a quick $500-$1000 on it.
$$PBYI Goldman out with $8PT (10.07) Gaping down _.75 cents any pop at the open towards $9.75-$10+ look to short this for an all day fader on it, more it pops better the range to the downside, if this yanks hard at open to $8-$8.25 I would bounce it on short covering to $9.50+
