1) $HEPA positive results of PreClinical Study of Liver Cirrhosis Treatment (2.45)
Stock Gaping up 100% Nice volume should run today. I like the $4 area to nibble some long like to see push to $5-$5.50 if it comes, if this sells off at the open at all to $3.80 and under watch for bottom curl if it snaps $3.80 and lower lows set in should be a gap fill fade back down to $2.65 and under, I like the PR/NEWS on it
2) $BPTH FDA Clears IND Application (9.80) #LOL Stupid
Stock Gaping up +3.50 was up 6 IN the end this should simply gap fill back to $10-$10.50 and under, any pop at the open if it comes again to $14-$16 area top it off and look for a nice all day slow gap fill, this news was so stupid it deserved to sell off in pre-market
3) $NUAN Earnings Mixed Guidance (16.60)
Stock Gaping up +$1.25 any pop at the open towards $18 imo is nothing more then a nice short gap fill pullback if this yanks right at the open to $16.75-$16.90 and under bottom curl it then slow all day move back to pre-market highs
4) $BJ Earnings Miss (25.93) small downside guidance
Stock Gaping down -$3.40 would nibble small long at $22.50 room to $21 at the open if it pulls then look for gap fill short covering push to $23.50-$24.50+ then slow fader back to lows, more this gap fills better the range to the downside. If this at all pulls at open to $20-$21 I would be a buyer on that weakness and play it 2-3 points on short covering
5) $BZUN Earnings Miss (43.50) downside guidance
Stock Gaping down -$5 like to see small pop at open towards $41+ top it off then all day bleeder on it, if this yanks right at the open to $35-$36 area would scale in long and bounce it for 2-3 quick points the more this yanks at the open better the range for a nice short covering bounce
6) $PLAN Earnings Beat (49.15) Not really impressed with the upside guidance
Stock Gaping up +7 would take small short at $55.75 give it room to $57 pop at the open once this snaps $55 this should give us another 2-4 points to the downside, this will NOT gap fill but at least give us a few points, If for some stupid reason this pops to $59-$60 That should be topping on it then we really nail the downside on profit taking pullback
7) $CUB Earnings Miss (73.61) JP Morgan d/g to $67 PT Needham tags a $78 PT
Stock Gaping down -$11 would nibble small long at $62 room to $60 looking for short to cover take it to $65.50-$67 top it off then slow fader back to pre-market lows, if this yanks to $60 and under I would be a buyer and short cover squeeze it for nice 3-5 quick points
8) $JACK Earnings Mixed (84.81) authorizes 100 Million share repurchase program
Stock Gaping up +$2.75 like to see this squeeze a little more to $89-$91 top it off then look to gap fill sell off to $85-$86 on it, if this dumps at the open to $85-$86 bottom curl it then go long for an all day slow move to the upside
9) $CPRT Earnings Beat (84.92)
Stock Gaping up +5.10 would like to see small pop at the open towards $90-$92 then top it off then look for gap fill to $86 and under, if this dumps right at the open to $86 and under scale in long slow all day move back to pre-market highs
10) $KRTX Priced 2.6 million $96 a share (108.95)
Stock Gaping down -$11 GREAT BUY this morning at $96 bounced to $103, I would love to see this dump to $94-$95 at the open and under then a nice quick squeeze for 5-7 points, if this pops at open to $110-$113+ I would short it back down to $96-$98 a share. I WILL BE PLAYING THIS!
____________________________________________________________________________
Notable Calls:
$LRCX UBS Tier 1-2 Firm downgrades to sell with a $240 PT (274.13) Gaping down -8 BIG PT CUT so I would love any short covering pop at open to $270-$272 top it off then slow all day fader for nice points, if this sells-off and dumps right at open to $260 and under go long and bounce it for 5-8 quick points on short covering. IF YOU Take now short here at $267 YOU MUST give it room to $272 in the end this should fade nice today on this call
$TIF Renewed Chatter talks with LVMUY (123.33) Gaping up +$4 IMO this should simply gap fill back down to $124 and under then bottom curl slow move to the upside, if this pushes at open $129-$131 should be topping then slow fader back down to gap fill
Copyright © 2019 by AwesomeCalls LLC
No part of this content may be reproduced, distributed, or transmitted in any form or by any means without the prior written permission of the publisher. Full legal action will be taken. ALL RIGHTS RESERVED