Month: June 2020

VYST Recap, Fresh Targets

Sintx Technologies, Inc. SINT

With the earnings calendar for today essentially empty, we have to switch tactics and search out some other type of opportunities to kick off this fresh trading week. Catching our eye early on this morning has been SINT.

The company recently reported success against the coronavirus in a controlled study of its special silicon nitride powder. This morning, the stock is gapping up in a big way, so we’re going to attempt to use this volatility to seek out swing trade opportunities with SINT.

SALT LAKE CITY, UT, June 20, 2020 (GLOBE NEWSWIRE) — SINTX Technologies, Inc. (“SINTX” or the “Company”), an original equipment manufacturer (OEM) ceramics company focused on silicon nitride and its applications, today announced that in a controlled laboratory study, the SARS-CoV-2 virus was inactivated when exposed to SINTX’s sintered silicon nitride powder. The Company expects to share additional data soon (>> View Full PR)

Varex Imaging Corp. VREX

We want to also put VREX on an extended term watch today. The stock has been beaten up severely in recent months, and is just coming off of new annual lows last week. Not only that, but there re a couple of topside gaps on the chart that need filling.

We’re going to use the options chain and signal a couple of sets of ideas. One that expires next month, and one that stretches the playing field out to November. We’re going to highlight the VREX 07/17 $15-17.50 Calls and the 11/20 $20 Calls for observation in the weeks and months ahead.

Vystar Corp. VYST

We had signaled VYST in Thursday and Friday’s premarket reports, and we are pleased to report that the stock produced a healthy two-day swing over that stretch. From Thursday’s low of .0134, VYST hit .0325 on Friday. That works out to a two session increase of 143% which occurred on volume of nearly 150 million shares!

Based off of the fact that the stock closed near its high on that increased volume, we’re going to look for a possible continuation of momentum into this week.

Extended Watchlist:
GFTX, MMMM, CXCQ, SKDI, BYFC, LCDX, BYZN, MRGE

Bottom-Watch Signal & More

The Cato Corp. CATO

With the coronavirus pandemic still raging, we’ve been forced to move away from our traditional technical-based trading methods and become more opportunistic. In the case of CATO, however, we have an interesting opportunity with the stock being pressed down to its lowest prices in over a decade, just yesterday.

We are always looking for stocks that are searching out new lows, and will observe carefully in the days and weeks ahead as CATO establishes its own bottom. The company announced at the beginning of last month that would reopen most of its stores.

ABM Industries Inc. ABM 

In yesterday’s premarket report, we signaled a pair of contract sets to put on watch in the ABM chain, and we did see some solid movement in those on the day. They were the ABM Weekly $30 & 35 Calls and both made notable increases, with an especially impressive performance coming from the $35’s.

ABM Weekly $30-35 Calls
$30: 5.00-8.60 (+72%)
$35: 1.11-4.00 (+260%)
_____

Fresh Ideas:
JBL Weekly $33.50-34.50 Calls*
KMX Weekly $98.50-100 Calls* 

*Please do not attempt to trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.

Extended Watchlist:
NGCG, MRGE, DECN, VYST, UONE, UONEK, SALM, NTN

Fifteen-Bagger on the Books!

Ethema Health Corp. GRST

It was just yesterday morning that we updated readers on the incredible performance of GRST, a subpenny stock we first alerted on June 5th. From our observed low of .0002 on the play, it had banked a twelve-bagger for us!

Even as the larger markets backslid, GRST continued its major move yesterday, tacking on yet another impressive new high and extended our witnessed gains by a considerable margin. This OTC stock hit .0032 during the session, which represents a total increase for us amounting to 1500% in the space of just nine trading days!

Cheers to anyone who has been able to pocket some profits off of this big-time mover!

Fresh Options Ideas
ABM Weekly $30-35 Calls
BHVN Weekly $70-75 Calls

Extended Watchlist:
CLWD, OWCP, VYST, TLSS, TMPS