Blue Horseshoe Stocks: RSH & More

RadioShack Corp. RSH

As most of our regular readers will remember, we tagged RSH as a bottom-play a few weeks ago after noticing that the stock had hit a 52-week low of .55 and was showing signs of a possible turnaround on the chart. It took one more dip back to .55 before that started to happen, but as it turns out we called the bottom quite well.

Over the past several sessions the stock has been exhibiting sure signs of an uptrend, and yesterday RSH really began to break out nicely, heading all the way back to a high of .8941, a solid 62% increase off of our observed low.

That run broke two key resistance areas at .74 and .79, which we’ll want to see hold as support moving forward, and the next key resistance is going to come in roughly around 1.05. Already in the premarket we’ve seen RSH trading as high 1.03.


Vicon Industries, Inc. VII

VII appeared in yesterday’s Extended Watchlist just in time for us to catch a really nice move. The stock traded in a range from 3.84 – 5.30 during yesterday’s session, marking possible gains of up to 38%

The run came on over 4.9M shares traded, exceeding the average monthly volume by more than 26x.


Digital Ally, Inc. DGLY

DGLY pushed its upper limits again yesterday, for the fourth straight session since we caught this stock last Thursday at low of 5.75.

We’ve now seen a move to 16.24, which represents a total increase of 191% in less than a week, so congratulations are in order for any traders who were able to take advantage of this mover!


Extended Watchlist:
ISNS, MNKD, TUBE, HPJ, NTWK, PKT

Blue Horseshoe Stocks: DGLY Update & Much More

Digital Ally, Inc. DGLY

For the third consecutive session yesterday, our coverage of DGLY yielded the opportunity for significant gains as the stock once again posted higher lows and higher highs on dramatically higher-than-average volume. (More than 12x higher than the one month average)

The stock began the week on a very strong note, trading in an impressive range from its early morning low of 8.75 all the way up to 14.75 shortly before 3PM. That represents a steady intraday move of 68% and at that high, our total possible gains on this stock over a three session period from the low we observed Thursday (5.75) stood at 156%

This has been an excellent short-term play for us, so we want to congratulate anyone who was able to take advantage of our timely alerts.


Drone Aviation Holding Corp. DRNE

We included a mention of DRNE once again yesterday, after its inclusion in Friday’s report led us to the chance to make up to 24% in gains from .89-1.10. The stock responded with another nice performance, and registered higher lows and higher highs on the day.

DRNE traded in a range from 1.09-1.30, a 19% intraday gain, and that high marked a 46% move up off of the low we observed when we tagged this play on Friday.



LabStyle Innovations Corp. DRIO

DRIO was a play we were monitoring yesterday, as anyone who stopped by our blog at BlueHorseshoeStocks.com and took a look at our daily stock tracker would have noticed. The stock is coming across as a bottom-bouncer, which hit its 52-week lows in the nickel-range yesterday, and has already begun a healthy rebound, pushing its way back over .08.

Significant volume is pouring through the stock for the first time in quite awhile, with yesterday’s session setting an all-time record, so DRIO will definitely be one we want to keep an eye on moving forward as it continues its recovery.

DRIO also provides an excellent example of why its always a good idea to visit Blue Horseshoe daily even if you’ve already read our morning report in your inbox. Occasionally the content will be updated between the publishing of our morning reports and the opening bell, and visiting the site is the only way to catch those periodic and unannounced changes.

We also have a Live Trading Chatroom that we participate in, the Legends of Wall Street, which you can check out  free for a limited time only. CLICK HERE to go there, and use the password “bluehorseshoe” to enter.


Petroleo Brasiliero S.A. (Petrobras) PBR

PBR hit new highs yesterday cracking the $18-mark, and lending further credence to our long term options-trading idea that we put forth last week; the January 17th $19 Calls. Those contracts have edged their way up from a low of 1.23 on Friday, and hit 1.64 during yesterday’s session, which marks a modest yet significant session-over-session increase of 33%

We expect the possible gains on those Calls to inflate even further as they draw nearer to their expiration if PBR can continue to follow its recent patterns.


Extended Watchlist:
ACHN, ZGNX, IDRA, RGDO, HGSH, STRP, VII

Blue Horseshoe Stocks: DGLY, DRNE, APPG & Extended Watchlist

Digital Ally, Inc. DGLY

Our tag of DGLY prior to Thursday’s session had brought an excellent chance to collect up to 39% in profits last week as DGLY traded in a range from 5.75-8.00 that day.

The stock performed well for us for the second straight day on Friday, registering higher lows and higher highs. We saw DGLY run up from 7.10 to a high of 8.65, a 22% intraday gain. Measuring Friday’s high from the low we observed Thursday, marked an overall two-day increase of 50%

That figure increases dramatically when measured against this morning’s premarket high of 9.74. Anyone fortunate enough to pick up DGLY from the 5.75-mark would be looking at gains in excess of 69% at that level.


Drone Aviation Holding Corp. DRNE

We flagged DRNE in Friday’s Extended Watchlist and were pleased at the move the stock made from its early morning low of .89. It ran into the close and achieved a high of 1.10, an increase of roughly 24% on nearly 10x the average monthly volume.

The stock hadn’t traded that much volume since April, so we really did come upon DRNE at an opportune time.


Apptigo International, Inc. APPG

APPG is a bottom-bouncer that we wanted to mention this morning. On Friday the stock hit, and began to rebound off of its 52-week low of .366, closing at .51, just a penny below its high of day on twice the average monthly volume.

We are seeing a fresh PR out on APPG this morning as well:

MIAMI, FL–(Marketwired – Aug 25, 2014) – Apptigo International, Inc. (OTCBB: APPG) (OTCQB: APPG), a non-conforming, highly creative agency and mobile app developer, today announced that the Company has been invited to present at the National Investment Banking Association’s (“NIBA”) 132nd Investment Conference to be held in New York City on September 15-17, 2014. >> FULL PR


Extended Watchlist:
MGT, MRNA, FOLD, AMPE, XGTI, TOPS,
RGDO
(Big gap down radar for possible bounce)

Blue Horseshoe Stocks: DGLY, GOGO, JRJC & Extended Watchlist

Digital Ally, Inc. DGLY

DGLY came off of yesterday’s extended watchlist to perform admirably. The stock has been trading quite actively after some recent news that the company had been receiving inquiries from law enforcement agencies about its FirstVU HD Officer-Worn Video System, following recent events in Ferguson, Missouri. DGLY’s system seems like it would be a great way to achieve maximum accountability for street-level police officers.

We saw DGLY trading at 5.75 yesterday morning, and it would go on to hit 8.00 on more than 7x its monthly average volume, so cheers to anyone who was able to take advantage of that 39% intraday move.



China Finance Online Companies, Inc. JRJC

JRJC was another play off of yesterday’s extended watchlist to have a pretty good session. The stock came out of the gate trading at a low of 9.26 and gradually pushed its way up to a high of 11.88 over the course of the morning and into the early afternoon. That was good for possible gains of up to 28% on over 10x its 1-month average volume.


Gogo, Inc. GOGO

GOGO is a stock we were mentioning back in the spring, which made a small move, but then went into a months-long consolidation that culminated in recent lows in the $14-range.

After posting higher highs and higher lows over the past six sessions, GOGO cracked its 50DMA yesterday, so we thought it’d be good to watch this stock more intently as it trends off of its bottom.

While there’s nothing certain about it, we’ve heard some buyout rumors floating around about GOGO, which adds an extra element of interest to this play.


Extended Watchlist:
DRNE, DRL, TOPS, PSMI, MSN

Blue Horseshoe Stocks: DRL, PBR & More

Doral Financial Corp. DRL

One of our main interests from this week has been DRL, and this stock put forth a very solid session yesterday. After seeing lows of 6.81 in the morning, the stock broke out in the afternoon to 9.29. That was good for an intraday run of 36%

Some of you may recall our initial alert on DRL back on July 23rd, subsequent to which we would observe a low of 4.61. Yesterday’s high marked a 101% move up from that level, over a span of less than a month.

Congrats go out to everyone who was tracking DRL along with us, as it provided a plenty-big chance for all to profit.


Lucas Energy, Inc. LEI

LEI appeared for the first time in our reports yesterday, and performed pretty well for a first-time call. Right at the open we tracked LEI from its low at .52 and saw a rapid spike to .69, which marked a gain of 32% right off the bat.

Those who missed the opening move still had a chance for a 15% intraday flip as LEI came back to bounce off support at .55 and ran back to .63 just prior to closing.


Petroleo Brasiliero S.A. (Petrobras) PBR – Tracking Options

We’re still all over the PBR options chain (in fact it has appeared in our reports more than 40 times since March) but we don’t see why anyone would be getting sick of our coverage, as every single one of our recent ideas on this play has paid out in a big way.

Yesterday was no exception; let’s break down our pre-market calls and see how they fared. We mentioned the $16.50  and $17 Weekly Calls for a quick intraday flip opportunity, and traders would have been very pleased to play either set of contracts. The $16.50′s ran 45% in a range from .91-1.32, while the $17′s traded from .50 up to .83; a possible gain of up to 66%

The January $19 Calls that we radared as a longer term option made a small move as well, trading in a range from 1.43-1.58 (+10%)

Those of you who may not recall our week-to-week swing trade idea from last Friday, let us refresh your memory. We mentioned that a play on the 08/22 $15.50 Calls could be good for a swing trade into this week, and the reulsts have been nothing short of astonishing. The contracts saw a low of .38 on Friday, and yesterday, showed us a huge increase, touching 2.17 for total possible gains of up to 471% Cheers to anyone who took our idea with more than a grain of salt!


Side Note:

From yesterday’s extended watchlist, FOLD also had a pretty solid session as it ran steadily from 5.02 in the early morning, to 5.99 around midday. A modest yet comfortable gain of 19%


Extended Watchlist:
DGLY, CPST, JRJC, AMSC, BSPM