1) $CAPR Phase 2 Mid trial positive results (3.22)
Stock Gaping up +$3 like to see this get through $7.50-$8 at the open then look for decent gap fill sell off to $5.50-$6 and under watch for BUYER and bottom curl it with buyer and volume then we can run it, this is a former runner so let this set up for us. If no buyer this will simply slow gap fill
2) CIR Crane (CR) says they will NOT extend offer to aquire (42.32) Soooooo what
Stock Gaping down -$9 I would be a buyer at $35 and under more it pulls at the open if it does better the buying opportunity, this is a posturing move from $CR nothing more, deal will get done, if it doesn’t another buyer will come in an scoop them up, I’d like to see this get back to $39.50-$41 area so keep an eye on it
3) $SY NOT seeing anything on this but gaping down (16.78)
Stock Gaping down -$1.76 would try and get a few long at $15.50 and under if this pulls again at the open towards $14 would look to add thinking this simply pushes and gap fills back to $16.25-$16.35 area then slow fader back to Pre-Market lows. I’m more just playing the gap fill push out of the gate
4) $CROX Piper upgrades to $27 PT with an overweight on the stock (20.96)
Stock Gaping up $1.20 like to see small pop at the open if it comes to $22.50-$23+ then look for FULL gap fill to $21 and under then bottom curl it then slow all day move to the upside, if this yanks right at the open and gap fills bottom curl it then go long on it
5) $EAT JP Upgrade this to overweight BUT drops PT $1 to $43 (38.70) This is $SFIX again
Stock Gaping up imo this is nothing more then full gap fill back down to $38.50-$38.75 and under I would nibble short here at $39.60 room to add at the opening pop then all day fader back to gap fill ,IMO this shouldn’t even be up at all on this upgrade
6) $CRWD Gaping up like $ZM the other day without news stock has range to move (73.50)
Stock Gaping up ++$2.30 like to see this gap fill to $74 and under bottom curl it then slow move back to Pre-Market highs or more, anything under $73.75-$74 imo would be a buy so start small the more it yanks or gap fills. Once buyer comes in stock should run
7) $NICE up on expansion from Microsoft collaboration (147.34) Up thin
Stock Gaping up +$4 like to see this small pop at the open towards $152-$155 then look to gap fil fade this back down to $149 and under, if this pulls hard at the open and gap fills to $148-$149 and under bottom curl it then slow all day move to the upside back to Pre-Market highs
8) $GLPG GILD announce 5.1 billion dollar infusion investment (145.75)
Stock Gaping up +$30 like to see this little more at the open towards $180+ on short covering would not go for the short side of this until we break $170-$172 then we can get down to $162-$164 and under, more it pops better then chance of the fade, do not get in too early Traders let this set up for us then we nail the backside of it, I think shorts get squeezed first before we short
9) $AVGO Could be pulling out of the $SYMC deal (285.39) (Posture Move)
Stock Gaping up +$10 up thin so be careful like to short here at $295 area room to $298 wide range like to see this sell off at the open to $288-$290 bottom curl then slow move back to pre-market highs, let this set up for us Traders up thin so would prefer gap fill before longing it, However watch for quick pop before sizing in on the short side
10) $BA 737 May be grounded until 2020 (365.33)
Stock Gaping down -$5 like to see this actually pop at the open towards $363-$364 then look for slow pullback back to $360 and under, if this yanks at the open to $356-$358 bottom curl it then look to go long for slow all day move to the upside, more it pulls or yanks better the range to the upside
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Notable Calls:
$BYND Gaping up on market up should give us range today (166.81) Gaping up +$1 like to see small pop at the open towards $169-$170 then look for gap fill pullback to $163-$164 bottom curl it then slow all day move to the upside
$SOLY Gaping up PR Positive 26 week Trial (18.55) Gaping up +$1.80 would like to see small pop at the open to $20.50-$21+ then look for decent gap fill to $18.75-$19 and under if this pulls hard at the open towards $19 and under watch for quick pop on it back through $20-$20.50 lets see how
