AAPL Archives - Page 35 of 41 - Blue Horseshoe Stocks

FREE, PHOT, AAPL & Extended Watchlist

FreeSeas, Inc. FREE

Everything we talked about yesterday ended up doing well, beginning with FREE. After opening up at .3723 the stock shot up to a high of .468, a move of 26%. Most importantly it held those gains nicely all the way through the close at .45.

This was right on par with what we had hoped to see from FREE, as it closed above the 50DMA. It seems our timing of the bounce worked in our favor, and moving forward, we’d like to see the stock continue to make higher lows and higher highs. The 10DMA of .49 and the 20DMA of .60 are going to be our next major hurdles to clear.

Growlife, Inc. PHOT

PHOT went on a similarly successful run as well, following yesterday’s morning report. The stock opened up at .0719, and continued to push the envelope all day, reaching its peak at .0899 shortly before 2PM. That marked an intraday gain of 25%, and like FREE, the stock managed to hold a significant portion of those gains into the close (.0847)

That solid performance came on nearly four times the average volume, so we are going to be keeping an eye on this stock for continued momentum.

Apple, Inc. AAPL – Options

The 11/01 $505 and $510 Calls that we had been tracking would hit their highs early on in the session before AAPL began pulling back from its big gap-up. The $505’s touched an ultimate high of 29.70 (Original alert in the $12-range) while the $510’s reached their peak at 26.44 (1st alerted at $10).

Both sets of contracts offered the chance to gain over 100% At that point, any good trader is taking profits off of the table and chalking it up as a win. Between now and when AAPL releases earnings on the 28th, we’ll be looking to move our strike price closer to the money, and continue to take advantage of this cash cow any way that we can.

Extended Watchlist:
BIEL, AVEW, DUSS, JAKK, CERE, CPRX, STXS, CMFO (Large gap-down watching for possible bounce)

AAPL Options, FREE PHOT & Extended Watchlist

Apple, Inc. AAPL – Options
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We began the week by mentioning our interest in AAPL Calls, having already experienced substantial gains to that point over the past several sessions. In anticipation of today’s iPad Event, the stock went on a tear, ending the day up more than ten dollars and 2.45% The 11/01 $505 & $510 Calls that we’ve been tracking were pushed deep into the money, yielding enormous gains. The 505’s surged another 100% from our original alert point at $12-range to 24.35, The 510’s, which started off as low as $10, and hit a high of 24.22, ending up at 22.05. A gain of over 140%

AAPL is gapping up once again, trading up roughly 1% pre-market. We expect these Calls to be pushed ever-deeper into the money.

FreeSeas, Inc. FREE

On September 10th we were talking about FREE, and the fact that it had resistance sitting on the chart at .33 and .38. At that time, we observed it trading as low as .2213. In just under a month, we would see it rocket 320% to .9287.

Following that huge run, the stock has been under consolidation, and we are currently monitoring for a bottom. Ideally, we’d like to see that come above the .33-mark. A signal that the stock is ready for a rebound would be the surpassing of the 50DMA at .39.

Growlife, Inc. PHOT

Most of you know that we’ve been tracking PHOT, along with a lot of other marijuana-related stocks for an awfully long time. On August 30th, we reminded our readers to begin paying close attention to the industry following the Fed’s announcement that it would not be interfering with states’ right to legalize marijuana. At that time, it was as low as .0318. We mentioned PHOT again on September 16th, at a price of .042 as it was breaking a double-top.

Yesterday, the stock hit a new high of .072 into the close, marking a gain of 71% since mid-September.

Extended Watchlist:
TDEY, LJPC, PTIE, SYMM, OXBT,

Blue Horseshoe: PHOT, AAPL & FB Options

Growlife, Inc. PHOT

We brought PHOT back into the fold this week, stating that we wanted to see it hold support in the .05-.06 range. It did manage to do so; after touching a low of .057 earlier in the week, the stock went on to hit .069 in morning trading yesterday. That represents a move of 21% off of its bottom.

Yesterday’s volume exceeded that of the three previous days combined, and with that kind of momentum, we are on the lookout for possible carryover through today and into next week.

Options Trading

Apple, Inc. AAPL

On Wednesday, we stated our interest in the AAPL 11/01 $505 & $510 Calls. The $505’s last traded at 13.70 yesterday, and the $510’s at 11.45. Those figures mark excellent progress in these Calls since we’ve been paying attention.

We are going to want to continue to keep our eyes glued to the AAPL options chain as we approach the forthcoming iPad event and earnings release.

Facebook, Inc. FB

Facebook broke out to new 52-week highs this week, so we’re also focused on Call opportunities that may present themselves should the upward trend continue there.

CHGS, DUSS & Extended Watchlist

China GengSheng Minerals, Inc. CHGS
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After appearing on yesterday morning’s extended watchlist, CHGS came screaming out of the gate, running from .19 all the way up to .35 (+84%). The stock consolidated, and followed that initial run with two subsequent bounces, one from .24-.35 (+46%), and another from .28 to the day’s high at .39 (+39%).

A tip of the cap to anyone who was able to take advantage of some of the nearly 170% in cumulative intraday gains provided by CHGS, which can be seen on the following chart:

Dussault Apparel, Inc. DUSS
DUSS was the addition we made to the day’s watchlist in yesterday’s afternoon update. Following that alert, we saw a low of .0012, followed by a 25% run-up to the .0015 high-of-day where the stock closed.

As you can see on the annotated chart below, the next key area of resistance to watch for a break resides at .0024. A break past that point would put us in blue-sky breakout territory.

PLEASE NOTE: DUSS is a play that we selected from one of our daily scans. We were not compensated in any way to feature DUSS in our reports, however, owners of this newsletter did purchase two million (2,000,000) shares out of the open market.

Extended Watchlist:
KERX, GERN, ODP, BORN, FB, AAPL, XNY, RMTI

PROP, FU, GOGO, AAPL & Extended Watchlist

Propell Technologies Group, Inc. PROP

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Last Wednesday, we began taking a look at PROP. On Thursday, we mentioned that the stock had a hurdle at the 200DMA of .56 to contend with, and if it failed to break that resistance, we would likely see a pullback. The stock did indeed test that .56-mark, but could not break through to the next level, rendering our prediction accurate. From Wednesday’s low of .44 to yesterday’s high of .57 marks a 30% increase.

We’d like to see PROP hold support above .45 moving forward, and are anxious to hear more news from the company in the future regarding its oil production status. News out on Monday pointed to the company’s proprietary “plasma pulse” treatment increasing the production of one of the company’s oil wells by a significant margin.

HOUSTON, Texas, Oct 14, 2013 (GLOBE NEWSWIRE via COMTEX) — via PRWEB – Propell Technologies is pleased to report 6-month results from the first well that was treated with the company’s proprietary plasma pulse technology in the Tulsa, Oklahoma area.
Cottonwood #9-11 located in Creek County, Oklahoma was drilled to a depth of 2667 feet in December 1967 in the Redfork Sandstone formation with initial production of 35 barrels of oil per day (BOPD). For the several years prior to treatment the well had been approximately a one or two BOPD producer.

The plasma pulse treatment was performed on March 28, 2013. Immediately before treatment the well was barrel tested showing 1.4 barrels of oil per day. Thirty days after the plasma pulse treatment, a barrel test showed Cottonwood #9-11’s production had jumped to 5.5 BOPD where it had held fairly steady with a substantial increase in production.

On October 4, 2013, six months after treatment the well was barrel tested showing a rate of eight (8) BOPD, an increase of 408%. The well was barrel tested again on October 10, 2013 and showed an even higher rate.

Currently BARCHART.COM is giving PROP an 80% “Buy” Rating on Short-Term Indicators.

More Info – http://www.propell.com/

Fab Universal Corp. FU
After providing us with a 28% intraday gain on Monday, FU did actually manage to continue piling on gains Tuesday, before closing out the session slightly in the red. The stock touched 7.83 for a time, which marks an increase of 43% off of the 5.46 bottom we observed on Monday.

This week’s run comes on the heels of a previous consolidation, which resulted from a run spanning a period of a few weeks which took the stock from the $4-range up to 11.48. On the current consolidation, we’d like to see support hold at or above the 50DMA (5.34).
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Gogo, Inc. GOGO

GOGO, like FU, is another stock that recently made a significant surge, and is currently in pullback mode. This is an instance where monitoring for a bounce off of the eventual bottom can provide us with the opportunity to make hefty gains on the rebound. The stock has been hunkering down, and building a solid base at the $16-range. Below that we have support at 14.05 (50DMA), and above, resistance sitting at the 20DMA of 17.27.

Apple, Inc. AAPL – Big News

Yesterday, Apple made the announcement that it would be enlisting the help of Burberry’s CEO, Angela Ahrendts, as head of retail operations. This is a development that we will be following closely. Ahrendts is responsible for increasing Burberry’s sales by more than 100% since 2006. This development could mean a serious boost for AAPL over the long term.
Not only does the hiring end a year-long search for a new head of retail operations, but it marks the first time a woman has served on the AAPL Board of Directors.

In other news, Apple earnings are expected on Monday, October 28th, so on the options-trading side of things, we are beginning to monitor the 11/01 $505 & $510 Calls.

Extended Watchlist:
CHGS, GSS, CAK, BORN, SUTR