Propanc Health Group Corp. PPCH
We played PPCH like a fiddle this week, after calling attention to it in Tuesday morning’s premarket report. That morning, we observed a low of .0188 and the stock hasn’t looked back since. What followed has been three consecutive sessions of higher highs and higher lows.
Yesterday’s intraday performance alone was quite respectable, with PPCH running from a daily low of .0225 to a new high of .037. That represented a spike of 64% on the day, and a total increase of 97% over our observed low from Tuesday.
We’ll be interested in PPCH as long as it maintains support above the current 50DMA (.019), while the next bank of resistance is sitting at the 200DMA at .042.
Dollar General, Inc. (DG)
We offered our two cents on how to take advantage of Dollar General’s earnings beat yesterday, and that was with the DG Weekly $78-80.50 Calls. With the exception of the 80.50’s, which didn’t trade much volume, every one of the contracts in our target range exploded for exponential gains!
$78 Calls – Trading Range: .55-5.00 – Max Gain: 809%
$78.50 Calls – Trading Range: .40-4.70 – Max Gain: 1075%
$79 Calls – Trading Range: .60-3.53 – Max Gain: 488%
$79.50 Calls – Trading Range: .27-2.10 – Max Gain: 678%
$80 Calls – Trading Range: .66-2.79 – Max Gain: 323%
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Bonus Options Ideas*:
SPDR S&P 500 (SPY) – Weekly $199-202 Calls
Finisar Corp FNSR – Weekly $15 and $16 Calls
Ulta Salon, Cosmetics & Fragrance, Inc. ULTA – Weekly $175-185 Calls
*As we always do, let us warn our readers o the extreme caution which must be exercised by anyone attempting to trade weekly contracts on Friday. It’s a high risk proposition, and not for the faint of heart!
Mexus Gold US MXSG
We also want to take a second and update readers on another of our recent successes. MXSG started appearing on our radars back on February 5th when it was as low as .0016. In a little over a month’s time we’ve witnessed a 1025% gain (a/o yesterday’s .018 high).
Those who may have missed that original alert still could have caught our reminder this week on Wednesday. The stock was trading as low as .011 at the time, and at yesterday’s high mark, we’d seen a two-session swing of 64%
Extended Watchlist:
VDRM, CABN, CDCH, POTG, FRO, CRK, WLL, BCEI