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
____________________________________________________________________________
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
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
