Max Sound Corp. MAXD
The first thing we want to do this morning is update our readers the performance of MAXD this week. Since we tagged MAXD for observation on Tuesday morning, the stock has gone for quite a ride. It has managed to record higher highs and higher lows every single day, and the overall span we’ve witnessed in just three sessions has been notable to say the least.
Yesterday’s high was .0478, which represented a 74% swing over our observed low of .0275 from Tuesday. Volume in that span has been significantly heavier than average, and we’ll want to continue to monitor MAXD for signs of a protracted uptrend. In order to keep our interest, the stock will need to hold support at or above a previous level of significant resistance at .032 on any pullbacks.
Nutrafuels, Inc. NTFU
We want to follow up on yesterday’s NTFU Special Report with a video presentation of the NTFU Chart, in which we’ll highlight some of the key aspects.
If you didn’t catch yesterday’s report on NTFU, we invite you to check that out now. The company has a full line of products that are currently available, not to mention an impressive game plan for moving its business forward, that we feel warrants special consideration.
Yesterday’s news with Amazon was a big development too, so if you missed that as well, use the following link to get up to speed:
We’d also suggest taking a look at the detailed investor presentation outlining the NutraSpray brand:
Fresh Options Ideas:
We’re looking for dip-and-rips out of both of the following stocks after a roughly a 10% gap-up on earnings in the premarket today in each case. For today’s quick-strike options trading radar, we’ll be tracking:
Amazon, Inc. AMZN Weekly $610-625 Calls
Microsoft Corp. MSFT Weekly $51-53.50 Calls
*Don’t forget that trading weekly options on a Friday is an inherently risky proposition, as they are on the verge of expiration. It can, however, be a chance for experienced traders to profit greatly as premiums go down and volatility rises.
Extended Watchlist:
GDSI, APPG, EMBR, NTEK, NEWC