1) $VLRX Pre Clinical Patch, nothing more then a POP and Fade on this one (2.50)
Stock Gaping +1.10 in order to go long on this this must pop at open to $3.20 with volume spike then look for move to $3.50-$4 then watch for topping then fade it, if this mall pops and lower lows set in will grind all day long to the downside and gap fill to $2.75 and under after initial pop
2) $OSTK Offering dividend payable shares of Digital Series A-1 (22.08)
Stock Gaping up +1.50 like the short at $23.50 room to $24.50 at the open on short covering squeeze like to see this gap fill back down to $22.50 and under then bottom curl, OSTK tends to give up there gap gains so be aware small pop then fade
3) $GRUB Earnings Mixed (79.73) still coming out
Stock Gaping down -$6 like to see small pop at the open off $73 to $75 for quick 2-3 points then look to fade it into the call then small long on the call for quick money, if this yanks at open give it room to $69-$70 bottom curl then go long the call in 30mins
4) $FMS Earnings Miss (38.09)
Stock Gaping down -$3.50 Like the $35 area small nibble long room to $33 think the stock will rebound back to $37 before topping off, more it pulls at the open better the range to the upside on this, think fresh buyers will come in and buy the weakness
5) $SSNC Earnings Miss (59.69)
Stock Gaping down -$10 would nibble small long at $49 room to $47 at the open looking for this to do some short covering pop at the open towards $53-$55 then top it off then look for slow all day fader back to lows, if this pulls hard at the open watch the $45-$47 area fresh buyers will come in
6) $MEDP Earnings Mixed raises guidance (67.68)
Stock Gaping up +$6 like to see small pop at the open towards $75-$77 then top it off then look to gap fill this back down to $70-$71 on profit taking then bottom curl it then slow move to the upside. they raised nice on guidance so this should hold and small run after some gap fill
7) $VRNS Earnings Beat but mixed on downside guidance (69.38)
Stock Gaping up +6 would actually nibbles small short at $78 area room to $80 pop at the open watch for topping then look for this to gap fill back to $73 an under bottom curl it then slow move back to highs, if this snaps $73 at the open look for a move to $71 quick then watch buyers come in. More it pops better the fade so start small on the short side
8) $RNG Earnings Beat raise guidance small (126.15)
Stock Gaping up +14 would short the $140 area room to $143 at the open in the end this should gap fill back down to $130-$132 and under then bottom curl it then slow move back to pre-market highs, if this yanks at open hard watch the $130-$132 area for bottom curl on it then look to go long
9) $CMI Earnings Miss (173.97)
Stock Gaping down -$11 would love to see small pop at the open on short covering to $167-$169 area then top it off then slow fader back to lows, if this pulls a little more at the open towards $160 and under would go long and bounce it 4-6 points on short covering
10) $ZBRA Earnings Beat (189.42) re-affirms and in-line
Stock Gaping up +$20 would nibble some short here at $208 room to $210 at the open watch for topping think this gap fills back down to $195-$197 and under then bottom curl it then slow move back to highs, if this snaps $195 look for a few more dollars to the downside then bottom curl it. Think this gives back most of the pre-market gains
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Notable Calls:
$BYND Earnings beat but 3.2 Offering pissing off Investors today (222.13) Gaping down -$35 Like to see some short covering at the open would nibble some at $185-$187 would love to see it shoot out of the gat to $192-$195+ on retail short covering for fast and quick money then watch for topping on it. If this yanks to $170-$175 at the open I think this is where FRESH buyers come in and start reloading this is going to be wild today so keep size in check give it range!!!!!
$RL Earnings Mixed (111.27) Gaping up +$4 re-affirms guidance Like to see small pop at the open towards $118-$120 top it off then look to gap fill this back down to $111-$113 and under bottom curl it then slow all day move back to pre-market highs, more it pops better the fade for us on the gap fill
$NBIX Earnings Beat (86.97) Gaping up +10 Like to see small pop at open towards $95-$97 top it off then look for a nice gap fill fade on profit taking to $90 and under then bottom curl it then slow move to the upside, if this pulls to $90 and under at the open bottom curl it then look to go long on it back to pre-market highs
