1) $CLVS Continuation from Friday and last week should be fun Volume is thick (14.93)
Stock gapping up +2 I want this today, I will be playing this. Like to see small pop at the open towards $17-$18 if it comes, ideally want this to pullback to $14- $15 spot and under bottom curl it then slam it hard to the upside with size as it runs towards $19-$20, I will not play this until I see it set up for us, I want that pullback first then I will nail it LONG when I see the volume kick in this is my #1 play for me today so I can be down in a few mins.
2) $ASLN from Friday (3.82) Volume is thick “I WILL BE PLAYING THIS”
Stock gapping up +3.10 Beauty let this small pop at the open towards $8 then quick push to $9+ then look for profit taking pullback on it to $5 and under, if this snaps at open lower lows set in watch the $5 spot bottom curl then slow all day move back to pre-market highs and more. This will be quick and fun but wait for it
3) $XENE partners with NBIX “TO DEVELOP” epilepsy treatments (11.83)
Stock gapping up $2.00 imo this is nothing more then a pop and fade like to see quick push to $14-$15 if it comes top it off then look for slow fade right back down to $12-$12.50 then grind out, more this pops at the open better the range on the downside. If you take small now short allow this to pop then it will fade off back down to lows
4) $APA drilling stopped temporarily till mid December (22.28)
Stock gapping down -$2.60 DO NOT BUY unless you see $20 spot then look to short cover this to $21.50-$22 then top off and grind out, if this yanks to $18 at the open or under, bottom curl it and go long for 2-3 points on short covering
5) $KOD sells a portion of royalties to Baker Brothers for 225 million (29.60)
Stock gapping up +2.00 like to see a little more pop at the open towards $32-$33 top it off then look for slow gap fill fade back down to $30-$30.50 and under, higher this pops better the range to the downside for us for all day bleeder
6) $AVAV Baird upgrade the stock “1” before earnings to $81 PT from $65 (61.34)
Stock gapping up +2.60 Interesting call into Earnings, would take small short at $64.50 room to $66 at the open look for this to gap fill back down to $62.50 and under bottom curl then slow move to the upside, the more this pops at the open better the range to the downside
7) $ROKU Morgan Stanley out with downgrade to Underweight with $110 PT (160.37)
Stock gapping down -$12 nibble long at $148 at the open if it comes then short cover squeeze it to $150-$152 top it off then slow all day fader, if this pulls at open watch the $140-$142 area as the bounce will and should come in there for quick 4-5 points
8) $SPLK Goldman Sachs out with a $180 PT (149.22) LOL where were they 10 days ago?
Stock gapping up +$4 like to see this fully gap fill back down to $150 and under bottom curl then slow all day move back to pre-market highs, if this pops at the open towards $155-$157 that should be topping on it then look for nice slow gap fill short bottom curl then long it.
9) $BIIB d/g to Underperform from Baird to $250 PT (299.81) LOL Stupid downgrade
Stock gapping down -$7 let this sell off quick to $285-$287 area watch shorts to come in and cover back up to $293-$295 top it off then grind out, if this pops at open and we are lucky to get $295-$297 scale in short for an all day fader on it, should be a lot of fun.
10) $SHOP Black Friday and Monster sales all over the place this weekend (336.75)
Stock gapping up 1.25 like to see push at open to $340-$342+ then look for gap fill back down to $335-$337 bottom curl then slow all day move to the upside, if this yanks at open to $335 and under I will be a buyer with 250-300 shares and ride this up 4-5 points, I like this to play out today on Black Friday’s news
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Notable Calls:
$ICPT Another upgrade from Canaccord to $165PT +New CMO with the company (108.37) This should continue to climb, like to see small pop at the open towards $112-$113+ pop then gap fill back down to $108-$110 bottom curl it then slow all day move to the upside, should be fun and have range as this heads towards $115+
$EVFM meets “TRIAL” primary endpoints phase 2 (6.11) gapping up +2.5 imo this is nothing more then a pop and fade gap fill to $6.50 and under do NOT be a buyer unless stock pops at $8 with volume then we can run it quick for a point or 2 top it off then slow fade to the downside all day fader once lower lows set in
