Pre Market Game Plan

Pre Market Game Plan by AJ – 3/16/18

1) $DXR In play again gaping up looks like another solid day in it (13.35)
Stock gapping up +$3 I like to see this hit $25 today on a nice short squeeze like the one yesterday. I think this will pop at open if it does watch the $18 level and chase some should hit $20 fast then let it pull down and we will look at it then. If this yanks at open to $14 and under watch the bottom curl on it then look to go LONG once it shows it wants it, then we will nail it.

2) $AUPH Cantor pushing hard after hours on $16PT (5.35) Took some o/n $5.62 average will add on dips
Stock Gapping up +.40 I like this to make a nice move towards $6+ at today, if this pops thru $6 at the open look for this to do a decent gap fill pullback on it and I will add into the position, not much risk imo only .30 cents to the downside. I like to see a $CNET type play.

3) $MU Baird out this morning raising PT on $MU from $60 to $100 (58.84)
Stock Gapping up +1 I would take a few long here at $59.90 and look to buy Option calls or Swing this looking for a $65 handle on this in the coming days. This is the 2nd $100 PT this week and I think today would be a nice starter positon on it to at least get 4-5 points to the upside in the next coming days

4) $FEYE Mad Money last night and still rumored on he $CSCO (18.12)
Stock Gapping up +$1 I would like to see this pop a little at the opened followed by a nice gap fill pullback on it to $18.25 and under, if this pulls at open then cover your short and look for the bottom curl around the $18.25 and under, in the end I want this to gap fill first before making a move to the upside

5) $OSTK Earnings Disaster and even worse conference call (Are you kidding me) (48.20)
Stock Gapping down -$6.50 I would like small pop at open on some short covering followed by an ALLLLLLLLLLL Day fader to $38 and under, if this pulls at open hard look for that $38-$39 area to bounce it back 2-3 points or more then reload the short and fade it

6) $CRSP Guggenheim Tags a $85 PT on this from $35 (52.60)
Stock Gapping up +2 I would actually nibble a few SHORT here at $54.50 if you can get some room to $56 at the open then look for this to gap fill back to $53 area and under then look to go long on it for an all day slow move to $56-$57 on it. Should be fun.

7) $MZOR Needham d/g to underperform (72.77)
Stock Gapping down -$3 I would let this pop a little at the open then look for this to have an all day fader to $67 and under. Higher it pops at open look to lean into this short for an all day fader, if this pushes thru $71+ get in there short and let it fade all day

8) $ADBE Renewed Talks M&A (218.87)
Stock Gapping up +7 I would like a quick pop at open maybe we get $230+ then look to gap fill this back down 4-6 points to thehe downside then look to go long for an all day slow move to the upside. This caught a nice upgrade this morning as well

9) $TIF Earnings Mixed, always remember Wall St loves TIF (102.71)
Stock Gapping down -$9 I would be buying the weakness down here and look for at least a $100+ gap fill on it, if this pulls at open for any reason look to go LONG and bounce it back to $99-$100 either way I think this goes back up

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Notable Calls:

$VNDA #OFFERING 5.5 at $17 took a little here at $16.85 will add in dips towards $16 and will hold it for a few days. should be fun looking for a .50-$1 move and nothing more, if I get it today, I will take the money,

$AVGO Denied Interest M&A (267.76) Gaping down -4 I would like to see a pull at open to $260 and under then play the bounce for 3-4 points then look to go short and fade it back down. Like to get an all day fader on it.

$ZS IPO Priced way above range at $16 a share 12 million shares. If this opens anything below $20 to me I would some closer to the $16 range we should be really great Over $20 I will will watch expect quick pop then maybe a 2-3pt pull depending if it opens to high