Pre Market Game Plan

Pre Market Game Plan by AJ – 3/12/18

1) $QD Earnings Beat (15.85)
Stock gapping up +1.15 obviously flagging off the $17 area look for a nice push at open maybe we see $18.50-$19+ before this slows down and gives back some. If this sells off quickly at open around $16 area look to go long and play the bounce on it

2) $PIXY Possible run on it again today maybe $6 again one to watch (4.62)
Stock Gapping down -.20 would consider taking a nibble long at open room to $4.20 think this may pop and push at the open thru $5+ then maybe give back some, I will watch the flags and the breakouts if they come. If small pop and lower lows set in? Then look for the all day fader on it

3) $ZSAN Earnings Mixed but language questionable NO revs given (17.25)
Stock Gapping up +1.5 I believe this ran into earnings so watch Janni’s call to short at $18.50 this morning but be cautious if this breaks at open thru $18-$18.50 this can push again quickly thru $20+ so keep your stops tight, if the lower lows set in then simply look for a pop and fade possibly to $15 area or under. Lets see how it opens

4) $ADMS Positive news on there commercial launch of there drug (27.69)
Stock Gapping up +$2.5 I would consider scaling in short at $30 level if you can get it or some at $29.70 area look for this to gap fill back to $28 and under. Although the news is positive imo the gap should get filled on this, remember positive news doesnt reflect the bottom line until the drug is actually launched and money coming in

5) ******$PAGS Nice upgrade from Susquehanna from $31Pt to $41 (35.35)
Stock Gapping up +1.25 I like to see this pop just a little more at the open towards $37 then lean into this SHORT and look to gap fill this back to $35.75 and under then look for bottom curl then slow all day move back to highs, this gap should get filled very quickly at the open before legging up to new highs.

6) $MU Multiple Upgrades this morning Nomura most notable at $100 PT (54.59)
Stock Gapping up +2 I like the upgrade, so look for this to possibly pop a little more at the open maybe we see a quick $57.25-$58 then look for a decent pullback to $55-$55.50 and under then grab a few long for a nice slow all day move to the upsdie towards $58+

7) $ESPR Getting hit on SNY/REGN (75.26)
Stock Gapping down -$5 imo I believe this will be bough up on weakness, I have noticed NO downgrades or Neutral calls from any analyst covering $ESPR with that said, lets see if this pulls at open to $65 and under then look to go LONG on any snap at open if this begins to pop above $72.50 again I think in the end this will just gap fill back to 74.50-$75+ lets see how it opens

8) $SRPT Some positive PR this morning (74.36)
Stock Gapping up +$2 although I always like positive news on $SRPT be aware this always gives back there hap ups. So would nibble a few small amount short here at $76.40 with room to add at the open push and look for this to gap fill fast to $75 and under before going long again.

9) $PX Gaping up on NO NEWS that I can find (160.09)
Stock Gapping up +3 I would consider nibbling some SHORT at $162.51 room to add at the open then look for this to gap fill quick back to $160.50 and under then look to go LONG for an all day slow move to the upside

10) $WYNN Gaping up for more extension on Friday’s News (188.89)
Stock Gapping up +$1.50 I like to see small pop at open followed by a nice pullback to $187-$188 then look for bottom curl on it then look to go long for an all day slow move possibly we get to $193-$195 to the upside on this.

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Notable Calls:

$NETE Gaping up +.60 from last weeks run (10.29) I like to see small pop at open followed by a nice pull at the open towards $9.50+ spot then possible pop thru $10.25-$10.50 then let it rip and see if we get 1 more day in it for fun.

$YY Gaping up on Market up (119.99) Gaping up +$1 I like to see this pop a little more at the open towards $123+ if it comes or more, I think with there financing complete on Friday this may start to get back up some. If this yanks at open to $118-$119 I will go long on it for a nice 2-4point bounce like last week

$AAOI Gaping up +1.30 On LITE/OCLR News (28.70) I like to see a little more pop at open towards $31+ then watch for topping on it then look to gap fill this short and fade it back to $29.25 and under. This is up soley on another merger going on, in the end this pop should be faded back