Pre Market Game Plan

Pre Market Game Plan by AJ – 5/21/18

1) $NBRV Positive Phase 3 News LONG at $5.77 on the un halt (5.43)
Stock gapping up think this runs for 1 full point or more then just simply look to short and gap fill it right back to $5.40 and under Phase 3 crap like this doesn’t hold so pop and get out and short it

2) $HEAR Wedbush out with a $20PT (15.97)
Stock Gapping up +$1 would nibble some long at $16.50 room to add look for a pop thru $17 at the open then look for a nice gap fill pullback sell off on it back to $16 area and under then watch for bottom curl, think this will be over quick

3) $PRTA Downgrade from Barclays to $12PT (15.28)
Stock Gapping down -$1 any pop at open towards $14.75-$15+ is a pure short so look for that, if this pulls at open then look for a nice $13.75 and under to go long on it then bounce it then fade it

4) $LX Earnings Miss (18.25)
Stock Gapping down -$1.25 would nibble some long at $17 down here room to add at the open towards $16 then look for a 1 point bounce on it if this pops to $18 at the open then look for a nice sell all day fader on it

5) $LASR StifleĀ out with $40PT (29.97)
Stock Gapping up +1.10 I like to see small pop at open towards $32+ then look for a nice sell off on it and gap fill it back to $30.50 and under then look to go long on it. More it pops better the fade on it

6) $QURE Positive PR this morning (31.31) Remember we had an upgrade on this last week
Stock Gapping up +$2 look for this to pop at open even a little more towards $34+ then look for a nice topping and sell off on this on profit taking to $32.25 and under, higher it pops better the pullback on it, reminds me of PTLA in some way

7) $ROKU Needham commenting “Bear Case dissipating” (35.40)
Stock Gapping up +$1 I like to see small pop at the open maybe we get $37+ on it then look for a nice gap fill pullback on it to $35.60 and under then look for bottom curl on it then look for an all day slow move to the upside towards $37-$38 on it

8) $MU Raises Guidance………….HUGE increase.. look for multipleĀ upgrades on this today (53.39) shorts in a bind on this
Stock Gapping up +$3 look for a nice pop at open maybe we get $57+ then look for a 1-2 point pullback on it on profit taking then bottom curl on it then look to go long, think this starts to head to $60 either today or this week for sure with mutiple upgrades coming count on it

9) $CAT Gapping up on WAB/GE Merger per CleTrader (155.71) (nibbled some short at $159.61)
Stock Gapping up +$4.25 all on speculation, I’m betting this will small pop at the open followed by a nice gap fill sell off to $157 and under then look for bottom curl on it then look to go long on it. I like to fill the gap on this first and will add on any pops

10) $BIDU Friday I told you ALL 10 times to BUY the weakness at $252 and expect a gap up today (253.01)
Stock Gapping up +$3.40 I like to see small pop at open maybe we see $257-$258 followed by a nice gap fill profit taking pullback to $254 and under, if this pulls at open to $252-$254 at the open then simply look for bottom curl then go long on it

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Notable Calls:

$TRHC Oppenheimer out with an upgrade in PT at $63PT from $43 (51.38) NO MM’s on the call at the moment look for this to small pop at open to $53+ then look for a nice gap fill pull back sell off to $52 and under then bottom curl then go long , anything under $52 imo is a buying opportunity so lets see if it opens and pulls down to help

$ACIA Gapping up +$1.25)on Positive Trade wars (33.00) Look for small pop at open followed by a nice sell off gap fill bak down to $33.25 then bottom curl then long again. I like the pop to $35 on it then fade it, I’m leaning on the short side of the trade to gap fill it, nothing concrete on it

$BOXL enters exclusive agreement with Multi Touch (7.24) Gapping up +1.50 should shoot out of the gate maybe thru $9-$9.50+ then look for some gap fill profit taking sell off back to $7.75 and under then bottom curl on it then look to go long. Lets watch for the volume on it and the flags if they come we will nail it