Pre Market Game Plan

Pre Market Game Plan by AJ – 3/26/18

1) $GERN Gaping up on Chats pushing and playing (5.64)
Stock gapping up +1 I would like to see small pop at the open if it breaks $6.50 stock could run, but I’m thinking small pop at the open followed by a nice gap fill short to $5.75 and under then watch for bottom curl then look to go long on it. Once volume kicks in $6.50 is the break for it.

2) $IMGN Gaping up on PR (12.07) I think in the end this is just a gap fill back to $12.20 and nothing more IMGN cannot hold gains
Stock Gapping up +$1.80 would look to scale in short at $13.50 and above and look for this to fade all day and fill the gap, should be fun.

3) $BHVN Phase 3 mixed results market not liking it (24.76) imo I think this works back up to $22+ lets see how it sets up
Stock Gapping down -$5.60 would like to see this pop a little at the open towards $22 spot slow move, if this yankshard at the open towards $16 let it flush out then look for bottom curl then slow move to the upside, I like to see this pop thru $20 if we get it and run it 2 more points. More it flushes imo better the rebound

4) $DBX Friday’s IPO Beautiful LONG at $28.50 as I told you all to do on Friday (28.48)
Stock Gapping up +2 I like to see a little more pop at the open towards $31 if it comes then look for a nice sell off gap fill profot taking to $29 and under then watch for bottom curl on it then look to go long should be a nice all dayer once bottom is found

5) $PAYX Gaping up on Guidance (61.73)
Stock Gapping up +2 was up to $65 in Pre look for this to sell off a little into the call in 30mins then look for a nice slow all day mover to $64-$65 on it. Should be a fun one today once the call is done

6) $DLTR Gaping up on upgrade from $102 to $112 (91.95)
Stock Gapping up +2.75 look for small pop at open followed by a nice gap fill pullback to $92 and under then look for a nice slow mover back towards $95+ higher it pops better the play on it should be fun for a slow move to the upside on it

7) $WDC LONG over the weekend at $94.36 average most of you got $92.50 (92.34)
Stock Gapping up +2.50 Beautiful cash out if you can, stock should pop and pullback at the open if it does look for a nice pulldown gap to $93.50 and under then look for a nice slow all day move towards $96-$97++ on it, if market hold this should fill some gap from fridays carnage

8) $MDGL Friday Goldman Call to $190 this will be fun today for sure (115.07)
Stock Gapping none, watch for this to pop and open hard to $117-$118 then look for a small pullback to $116 on it then look to go long for an all day slow move to $120-$122 stock has range to move today so wait for the nice set up should be fun

9) $YY Gaping up on Market (121.86)
Stock Gapping up +4 I like to see small pop at open towards $126+ then look for a nice gap fill pullback to $122-$123 on Profit taking then look for a nice slow mover back to highs for an all day slow move

10) $SHOP Gaping up on Market (141.66)
Stock Gapping up +4 I like to see a nice small pop at opened followed by a nice gap fill pullback on profit taking to $142-$143 then look to go LONG on it then look for a sell around $148-$149 think with market today this rebounds nice.

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Notable Calls:

$WLL Looking for this to continue this morning to the upside off of last weeks upgrade (33.62) Gaping up +.60 like to see quick pop then some gap fill back to $33.70 or under then look to go long on it for a move to $35-$36+ today

$MU Gaping up on Market conditions (54.21) +1.70 would like to see another pop at open towards $56.25+ then look for a nice gap fill pullback to $54.75 and under then look for a nice slow all day move back to highs Should be fun.

$CRSP let me know if this dips Traders to $51 and under. Thank you