Blue Horseshoe Stocks: MIXX Review, Options Ideas & More

Mix 1 Life, Inc. MIXX

To kick the week off on Monday morning, we highlighted a couple of fresh news bottom plays, and MIXX was among them. If you refer to that premarket report, we stated that MIXX was  “piquing our interest with a premarket PR and its positioning on the chart as a good bottom-watch candidate. The stock has fallen dramatically to new 52-week lows, and is looking extremely oversold… we’re going to slate this one for observation as the potential recovery could produce some serious chances for profit.”

We honestly couldn’t have been more right about MIXX seeming out of place at such low price, and that impression of the chart led us to the chance for some serious profits. Yesterday’s trading range brought the stock from a low of .98 all the way up to 3.15, which marks an intraday jump of 221%

This play served as yet another added reminder of why we are constantly scanning for stocks which have been crushed down to new annual lows without significant material changes. It is often a precursor to hefty rebounds like the one MIXX has produced this week.

Mobile Broadcasting Holding, Inc. MBHC

Speaking of intraweek swings, MBHC has continued to make a comparatively modest yet still significant move of its own off of its recent swing low of .0042. Yesterday the stock pushed its way back to a high of .0069, an overall positive change of 64%

It came in conjunction with a press announcement highlighting the appointment of a new CEO who will be navigating the company through the upcoming launch of the company’s new app to both Apple and Android markets. The timeline given in a prior press release from MBHC has the official release coming up later this month.

PISCATAWAY TOWNS, NJ / ACCESSWIRE / August 4, 2015 / Mobile Broadcasting Corporation, (OTC PINK: MBHC) Mobile Broadcasting Corporation (MBC) announced today that Darryl M. Sanders will be taking the reigns as President and CEO of MBHC. He will lead the company’s public launch of the WHIRLD Mobile Broadcasting Network >> FULL PR

Options Ideas

We’ve had strikingly good fortune with options recently, so here are a couple of fresh ideas that we’re going to be monitoring today. We’re going to give a wide target range for each of them. Be aware that when we signal wider ranges of call contracts it’s always less risky to start at the lower strike price, (i.e. deeper in-the-money) and roll up our strike price if the stock looks like it wants to continue to break out. We’ve identified many winning contracts in the past using this broad-sweep monitoring method.

Zillow Group, Inc. (Z) - Here we are going to be slating the Z Weekly $77-82 Calls for observation.

First Solar, Inc. FSLR – For FSLR our target range looks to be the Weekly $47-50.50 Calls.

Extended Watchlist:
ASAB(Subpenny Bottom-Watch)
(Momentum Play *Caution:Being Heavily Promoted*)
(Still on Bottom-Watch)

Comments are closed.