1) $CDMO Jannet out with a BUY rating and $10 PT (3.53)
Stock Gapping up +.20 I like the call ok to take a few at $3.70 add on dips to $3.35 stock should get a nice run to $4.25-$4.50+ today on this call. Enjoy
2) $MACK Phase 2 miss (9.15)
Stock Gapping down -50% I like to see this get smacked some more at the open like to see $5 spot on it or lower before seeing shorts come in and cover, IF this pops at open and breaks thru $6.10-$6.20 stock has room to $7-$7.50 then look for all day fader on it. Let this set up for us
3) $CLPS Lihong Financial Making 2.7% Investment (13.32)
Stock Gapping up +$.70 I like to see small pop at the open followed by a nice slow fader gap fill back to $13.50 and under, if this pulls to $12.50 and under look to go long the stock for all day slow move back to highs. Fill the gap first then go long.
4) $IQ Gaping down over 2 points with Market down (36.29) bought originally $33.90 sold at $34.70 +.80
Stock Gapping down-$2.30 would consider taking a few LONG at $33.89 area room to add at the open and like $HUYA let the shorts cover at the open then look to fade it for the day
5) $HUYA Gaping down over 2 points with Market down (35.85)
Stock Gapping down -$2.30 Normally when these gap down like this, they pop on over the weekend or o/n short covering then they fade off for the day. I would consider taking a few long here at $33.50 and pop it out of the gate for quick money.
6) $TWLO Buy Rating with $70 PT with Piper (55.25)
Stock Gapping up +.25 would take some here long at $55.49 add on dips stock should run to $57 or more on this call should be fun. If this drops at the open to $54 would be looking for that bottom curl to go long on it
7) $FSLR BofA has a BUY rating and $63 PT (52.65) This is a broken down stock picked up some long at $54.50
Stock Gapping up +$2 this should pop at open thru $55 and tad more before gap filling this is a BOFA upgrade and when that happens stocks get pushed so watch for short covering squeeze then look to gap fill some bottom curl then go long on it
8) $ILMN Citi out with a BUY rating on it with $330 PT from $275 (282.65)
Stock Gapping down none, would take a few long at $282.65 if you can or look for a pop at open to $285+ then look for a nice sell off bottom curl then look to go long on it. Should be fun
9) $ALGN BofA out with a NEW Buy Rating and $420.00 PT (353.27) Gapping down on Market down
Stock Gapping down -$4.50 would take some long at $349 room to add at the open sell into the pop to $353-$355 would consider BUYING $375 weekly calls on this. This is a broken down stock and I think BofA found bottom on it
10) $ABMD seeing some Insider selling on it (427.29) Not finding any other news on it
Stock Gapping down -$23 points would nibble, and I mean nibble on this at $404 with lots of room to add this could hit $399 if it does and still no news, I am a BUYER I like to get +10 points on this gap down. unless there is something I’m missing this is a bargain down here
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Notable Calls:
$VEEV SunTrust out with a BUY rating and $100 PT (82.84) gaping down -.30 would take a few long here at $82.59 room to add at the open then look for a nice push towards $85 area before selling off. Should be fun on it today Let it set up
$BLUE this was gutted on Friday looking for small rebound at the open then sell into it and see how it plays out from there (168.90 stock now $170+ No downgrades on the stock today or reduced PT
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