1) $TLRY +US DEA news on granting approval to import weed (120.19) Spartan called $137
Stock Gapping up +$17 imo let this push at open then come back down to $125-$128 area then watch for bottom curl then look to go long on it towards $145-$150 mark. If this pushes at open to those ares look to short it after it tops off
2) $IMGN Guggenheim out with a $19 PT (8.70)
Stock Gapping up +.20 pick some up below $9 then add on any pullbacks then look to go LONG for an all day slow move towards $10-$11 once it gets going imo
3) $SGRY BofA out with a BUY rating and $20 PT (14.70)
Stock Gapping none, let this pop at open thru $16+ then scale in short and gap fill it back down to $14.60 area and under then bottom curl then look to go long for an all day slow move to the upside on it
4) $VKTX Positive Phase 2 (10.39)
Stock Gapping up +$14 I like to get some sell off on the stock to $17.50 and under then watch for bottom curl on it, if this breaks thru $22-$24 at the open chase it to $29-$30 for quick money then short it back down, watch for afternoon upgrades on the stock as well from analyst
5) $ACIA US Senate planning to introduce Bill “reinstating” sanctions against ZTE ouch! (49.10)
Stock Gapping down -$2 I like to see a nice pull at open to $35 and under then watch for shorts to cover then bottom curl then look to go long on it, if this if this pops at open towards $38.50-$39 then look to go short for an all day fader on it
6) $ORCL Earnings Miss (49.18)
Stock Gapping down -$2 I like to see this pop and get bought up thru $48-$48.50 level before selling off however if this yanks at the open to $45 area I would be a BUYER on the stock and rebound it back up
7) $NTNX Google out saying possibly NOT considering extending cloud services (46.43)
Stock Gapping up +3 I would actually nibble some short here at $49.50 level room to add to $51 at the open look for this to come down to $47.50 and under then bottom curl then look to go long, simply looking for a sell off gap fill on it imo
8) $ATHN Elliot Management plans to back away from Bid (143.09)
Stock Gapping down -$19 points I am a BUYER here at $125 area room to $120 area I like to see this rebound back to $134-$138 today, so if look for this to short cover pop on it, if it falls off a cliff again, laugh and buy the weakness this WILL rebound
9) $MDGL Getting smashed on $VKRX positive results $VKTX cheaper stock (228.43)
Stock Gapping down -$34 I would actually begin to nibble some if it breaks thru $198 at the open think it recovers thru $210+ if this yanks at the open to $180 area at the open watch that bottom curl and look to go long on it
10) $FDX Decent Numbers imo this weakness will be bought up today (255.73)
Stock Gapping down -5 I would nibble some LONG at $250 add on any pullback “Cramer pushing this up this morning says to buy on weakness” I agree think we head right back up to $255+
____________________________________________________________________________
Notable Calls:
$TSLA Market up this is gapping up like to see this simply have a nice day in it (294.84) gapping up +$2 like to see any pullback today as a BUYING opportunity, if this pops at open look for a slight pullback on it to $293-$295 if it comes nibble long look for a move thru $299-$300+ on it
$CLVS Guggenheim out with a BUY rating and $75 PT (32.23) I would take some long at $32.70 if you can get some add on weakness and look for a nice solid move to $35-$37 on this call
$PSDO selling 3 million shares Spot sec at $15.40-$15.75 (16.39) Gapping down -1.39 would be buying this $15 and under weakness let the 3 million fill and then day or 2 later back thru $16+
Copyright © 2018 by AwesomeCalls LLC
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.