SkyPeople Fruit Juice, Inc. SPU
Since we tagged SPU in our morning report the Friday before last, the stock has done nothing but break into blue skies. The first day we caught it at a low of 4.00 and its performance since has been nothing short of incredible, with Friday being the fifth consecutive session it recorded higher lows and higher highs.
On Friday, we were remarking about just that, and mentioned that based on premarket activity, we thought SPU could be in line for another solid session despite having reached overbought status.
Our instincts proved reliable, as SPU once set a new high for us, running 24% intraday from 11.54 to 14.29, before closing with strength at 14.25. The new high represented an total increase of 257% over our observed low from just a week earlier! Congrats to anyone who was along for this epic ride!
QUALCOMM, Inc. QCOM – We’ve also got some updated figures on the QCOM Calls we began tracking on Thursday. The QCOM Weekly $58-61 Calls, despite having already brought us chances for gains ranging from 79% up to 575% that day, still produced further opportunities on Friday.
Astonishingly, some of the single-session gains we observed actually made Thursday’s opportunities seem small by comparison!
$58 Calls – Range: 2.10-3.14 – Max Gain: 49%
$58.50 Calls – Range: 1.49-2.63 – Max Gain: 97%
$59 Calls – Range: 1.03-2.16 – Max Gain: 77%
$59.50 Calls – Range: .53-1.60 – Max Gain: 202%
$60 Calls – Range: .15-1.18 – Max Gain: 687%
$60.50 Calls – Range: .05-.56 – Max Gain: 1020%
$61 Calls – Range: .01-.21 – Max Gain: 2000%
Universal Apparel & Textile Co. DKGR
DKGR was an inclusion in Friday’s watchlist, and it saw a modest yet solid intraday upswing. It ran from a low of .036 to .048 for a gain of 33% which came on slightly over twice the average monthly trading volume.
We’ll keep an eye skinned for further activity as the stock maintained more than half its daily advance into the close at .045.
Golden Cross Watch:
We are going to be monitoring both Anavex, Inc. AVXL and Kopin Corp. KOPN in sessions to come, as both chart appear to be working toward the possibility of a Golden Cross.
Extended Watchlist:
UATG, ONOV, ATHX, GLNG, BLIN, SPHS