1) $OBSV Small gap pump and dump BIO Phase 3 Trial results (4.57)
Stock Gaping up +80% STUPID this should simply gap fill to $4.75 and under, I would NOT be a buyer unless it pushes through $6 at the open with 600k-1 million BUYER otherwise small pop, lower lows to set in then all day bleeder, if this gap fills to $4.75 and under would nibble a few long on the bottom curl and maybe catch 1-2 points to the upside. If you take now at $4.95 nibble small long at that.

2) $TGTX Presents Data 1/II study another small pump and dump Bio (7.12)
Stock Gaping up +2.00 This should simply pop and fade back down to $7.50 and under watch for bottom curl then slow all day move back to highs, more it gap fills better the range of the bottom curl. If this pops at op[en to $9 spot watch for topping and lower lows to set in then look for an all day fader on it

3) $PCG Agrees with Settlement for Fires for 13.5 Billion (9.65)
Stock Gaping up +2 I’d like the stock to come down below $10 and under then bottom curl it then slow move back to $12+ more this gap fills at the open better the range for us to the upside, this is somewhat good news bad for bondholders, BUT let the stock set up for a nice slow upside move off the bottom curl

4) $FATE Presents update at conf on Phase 1 studies another pump and dump (13.67)
Stock Gaping up +5.00 DO NOT SHORT unless we get the $17 snap at the open, we get that we get a quick 2-3 point pullback fast, more this pops at the open on short squeeze, IMO I would love to see $19-$20 push at the open then look to top it off and allllllllllllllllllllll day fader on it

5) $DDOG LOCK UP Provision the company to release about 44 mil shares (35.91)
Stock Gaping down -$1.50 would take a few long at $34.40 area room to $33.50 at the open look for this to gap fill back to $35.50-$35.75 top off then slow fader back to pre-market lows, more the pull at the open better the range to the upside

6) $CRTX reporting New Data another BIO pump and dump (28.31)
Stock Gaping up +4 This should simply fade back down to $29 spot and under, I would NOT be a buyer on this unless it pops through $32 then quick push back to $34-$35 top it off then slow all day fade back down to lows, If this gap fills top $29 and under at the open look for bottom curl then slow move to the upside

7) $AGIO announce positive Phase 2 “Proof of Concept (40.94) S T U P I D!
Stock Gaping up +5.50 let this pop stupid at the open a little more towards $48+ area top it off once this breaks $46 we should get the gap fill fade back down to $41-$42 and under, More this pops at the open IF it does better the range to the downside, remember $46 is the key to snap

8) $SWKS BofA double upgrade from Underperform to BUY $122 from $92 (101.36)
Stock Gaping up +2.10 looking for stock to pop a little more at the open towards $106-$107 area then look for gap fill back down to $102-$103 and under then bottom curl then slow all day move back to highs, if this yanks right at the open to $102-$103 nibble long and slow all day move to the upside

9) $QRVO BofA double upgrades from Underperform to BUY with $130PT from $80 (106.62)
Stock Gaping up +$4 Look for small pop at the open towards $112-$114 area top it off then look to gap fill this back down to $107-$108 and under bottom curl then slow all day move to the upside, if this snaps at the open to $107-$108 lean into it long and slow all day move back to highs

10) $ADBE acquires Oculus Medium from FB+ MS Upgrades the stock to $410 from $340 (306.23)
Stock Gaping up +3 I will be playing this stock today, also would consider BUYING 320-$325 weekly calls on this one also would nibble small long at $309 area room to add to $306.50 if it comes then bottom curl it then slow all day move towards $310-$315

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Notable Calls:

$BLUE holds events and the 61st ASH meeting (79.42) Gaping up +8 IMO this is nothing more then a pop and fade back down to $81-$82 and under, the higher this pops at the open if it comes back to $87-$88 top it off and look to fade it again, caught 2 PT downgrades 1 from Wells and 1 from Canaccord

$IOVA Gaping up on NO news that I can find (24.72) Gaping up +1.60 would take some short at $26 room to add at the open on any pop then slow gap fill fade to $25 and under, if this simply dumps at the open to $25 and under bottom curl it then slow move to the upside

$SPCE Morgan Stanley out with a NEW BUY Rating at $22PT (7.26) Gaping up +.55 would take some long at $7.80 add some on the gap fill have an average looking for the stock to get up to $8.50-$9+ today and $10+ by WED/THUR or more

 

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