Skip to main content

1) $RKDA HC Wainwright out with $20 PT says this is a BUYING opportunity (8.16)
Stock Gapping up +.35 took some long at $8.50 will give it room, doesn’t seem much risk down here, this can run, this is Spartans favorite trade and with this PT I don’t see why we can’t hit $10+ on this upgrade today. Willing to try should be fun

2) $ASTC Milestone for 1st Detect Tracer 1000 in Europe (1.95)
Stock Gapping up +3 everyone is thinking short but the stock has legs and volume could see $7 even $8 at the open before this tires out. Everyone and their brother has been shorting this since $4 area and getting smashed, don’t be them let it set up you will see the lower lows set in then you can nail it back down to $3 and under

3) $TELL 12 million #offering at 9.90 (10.88)
Stock Gapping down -1.10 would nibble some LONG at $9.70 room to add at the open look for this to slowly move back up to $10.50 or more. I like to pick up the weakness on this today so hopefully we get a nice pull at the open if $9.25 comes…..shew I am all over this

4) $IQ Gapping down on Market down (43.93)
Stock Gapping down -$1.80 SIMPLY by the gap down at $42.25 area go long, pop it before the open then let it flush back down then buy the weakness and let it rip for fun today before getting tired

5) $HUYA Gapping down on Market down (48.57)
Stock Gapping down -$2 SIMPLY buy the gap down at $46.50 area go long, pop it before the open then let it flush back down then buy the weakness and let it rip for fun today before getting tired

6) $NEW Recent IPO getting the $AVLR look (28.80)
Stock Gapping up +1.60 look for this to pop at the open followed by a nice sell off, I would like to see $28 spot or under and go below yesterday’s close then let it rip to new highs, I would love for this to play out like $AVLR did yesterday. should be fun

7) $WB Market gapping it down plus Tariffs negative dragging it down as well (107.31)
Stock Gapping down -$4 would look for this to pull a tad more at open maybe to $101 area then look to go long and bounce it back to $105-$106 then look to fade it back down. IMO this should simply fill the gap back up before any kind of fade on it

8) $RHT Downgrade Raymond James cuts to Market Perform BUT BMO raises to $192 from $180 (176.27)
Stock Gapping down -3.5 I would BUY some here at $173 room to add at the open then look for this to have nice pop at the open then top off then fade some, IF this yanks to $170 and under….I am a BUYER this will rebound imo so enjoy let it setup

9) $BLUE Evercore out today with $230 PT from $175 (about time) (176.65) nice sell off yesterday today should be fun
Stock Gapping up +$3 took a starter this morning under $179 will give it room to pull at the open add on it then look for a nice slow move like to get $182-$185 or more on this call. Market is down -300 so for now just will take what I can get.

10) $NFLX Upgrade at Piper $420 Pt and Monness Crespi at $460 (390.40)
Stock Gapping down -2 would pick some up at $388 room to add at the open if it pulls look for this to get to $395 or more on this today. Strong PT now that Goldman set the standards

____________________________________________________________________________________________________
Notable Calls:

$LRCX Lower on Market down (174.20) Gapping down -$3 would nibble some LONG at $171.15 room to $168 at the open then look to gap fill this back to $174+ then look to top it off and fade it all day back to lows,

$GEVO Nice overnight at $12 today stock hit $17+ (12.70) let this one pop some at the open then wait for the pullback on it to $13 or under watch for bottom curl then take a few long on it. should be fun today. If it just pops at lower lows set in then just fade it till it bottoms out

$CBIO Taking a starter at $9.35 room to add at the open (9.11) bounced nice off the $9 spot last night, they are going to do a presentation on the 21st at JMP Securities should be interesting to say the least to maybe address what happened

 

Copyright © 2018 by Awesomecalls Inc.
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.