Tag: AAPL

AAPL, PURE, RAD, DRWI & Extended Watchlist

Apple, Inc. AAPL
Apple fared quite well on Wednesday.  The $650 October 20th Calls we mentioned were as low as 7.70, and hit a high of 10.30, making 34% possible in just the first hour of trading.We will continue to monitor these calls heading into earnings, and we feel that there will be multiple opportunities to profit, just as we’ve seen over the past few days.
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Rite Aid Corp. RAD

Everyone should be familiar with a household name like Rite Aid. The stock has been on something of a downtrend for the past month, and seems to be ready to bounce off of oversold territory. A year ago this time, it was trading in the .90-range, and ran as high as 2.12 by mid-March. Now that RAD has returned to a support level, we want to put it on our watchlist, as a longer-term play to follow in the coming months.

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PURE Bioscience PURE

PURE has recently begun an uptrend off of its 52-wk low of .90, which it reached just under a month ago.  As you can see from the included chart, the stock had traded between the 2.00-4.00 range for the majority of this year. Now that we are starting to see a rebound on this stock, we have a positive outlook that the stock will recover and trend upward over the next couple of months.

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Dragonwave, Inc. DRWI

DRWI is another big board play that just hit it’s 2.05 52-wk low on October 1st. Over the past few months, the stock has struggled to get above its 50DMA, currently sitting at 2.33. Provided a break past the resistance at that  level, we could see a nice breakout. That is precisely the reason we are adding DRWI to the watchlist this morning.


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Extended Watchlist:
LNGT, PPHM, PROT, PEIX, BIOF

AAPL, RFMK, PEIX, BIOF & Extended Watchlist

Apple, Inc. AAPL
Apple continued its pullback yesterday and bounced off of 623.55 (just above the 100DMA of 619.39), hitting a high of 640.49.

As you can see from the chart, that 100DMA has come into play quite a few times over the past six months. Those traders savvy enough to catch the dip into the 620’s could have been looking at some nice intraday profits.Thus far premarket, it looks like we may be seeing a gap-up this morning. It seems we were quite accurate in yesterday’s report: “Apple has been undergoing a selloff, and we want to observe carefully for a turnaround…..earnings are due later this month, and with this stock, there is always that tendency to run into earnings reports….”

We are currently monitoring October 20th $650 Calls. Yesterday they were as low as 5.10 before hitting a high of 9.40, and closing out the day at 7.70. You can see why we like to follow these intraday, as Tuesday could have been unbelievably profitable.

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RFMK is another stock we’ve been watching for awhile that offered a opportunity on a dip to low of .0025, only to turn around and close strong at .0034 (HOD). The new support is at .0025, a level we need to ensure that the stock holds moving forward.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

Both of these ethanol plays have shown us nice gains in the past, and these two tend to trend together, being in the same sector. We felt the time was right to reintroduce these two stocks, as it seems more gains like we’ve seen in the past could be in store presently.

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Extended Watchlist:
LGNT, BCAP, RSH, VRNG

AAPL, APDN, AAPT, SAGD & Extended Watchlist

APPL Options

Our mention of AAPL Options yesterday was right on time. The $655 Call was as low as 5.00, closing at the HOD of 14.40 (188%). The $660 call was as low as 3.39, closing at 11.05 (226%). We sincerely hope our members were able to catch our newsletter from yesterday morning which alluded to these calls. We don’t have a crystal ball with regard to Apple’s trend continuing, as volatility is often the order of the day. That said, while indicators remained bullish, we stayed with the calls, and were handsomely rewarded as a result.
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  Applied DNA Sciences, Inc. APDN

APDN has been on our watchlist since last Friday, having as low as .07. At yesterday’s high of .1645, we were looking at a 135% gain in the span of just two sessions. In that time, we’ve also seen the volume increase significantly. Yesterday’s volume doubled that of Friday, which had doubled Thursday’s volume as well. We will certainly be monitoring APDN for the remainder of the week to see where the momentum can carry us.
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All American Pet Company, Inc. AAPT

AAPT had yet another positive performance yesterday, after it’s consolidation during Friday’s trading. We’ve been following the stock since April,with mainly good results, as we have become quite familiar with it’s patterns and trends. We noticed the stock beginning to make some headway last week as we observed a breach of the 20, 50 and 100DMA’s. Yesterday we saw a new high since early June, and as long as it continues to hold support above the 100DMA of .029, we will continue to keep an eye peeled in its direction.
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South American Gold Corp. SAGD

We would like to add SAGD to our periphery this morning, as a gold play momentum alert. Monday saw some nice volume and explosive gains, bullishly closing at the high-of-day (.0087), and just above a key level of resistance (The 50DMA of .0085).

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Extended Watchlist:
UPZS, HBRM, KMAG, GYST, HLNT

BBDA, MDHI, EGCT & Extended Watchlist

Bebida Beverage Co. BBDA

BBDA has been a crowd-favorite for some time now, and for good cause. The stock has performed very well since we’ve been following. On Thursday, we mentioned that a break of resistance at .0039 could lead us into blue sky territory. On Friday, it did just that, touching a high of.0048 before closing at .0045. That leaves the amount of gains we’ve seen out of BBDA at well over 200%

We like BBDA for the short, medium and long term, and Barchart.com agrees with us, giving the stock an 88% Overall “Buy” Rating.

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Ecologic Transportation, Inc. EGCT

EGCT is fairly new to our watchlists, and has already had quite a showing.

On Friday, the stock traded over 3.5X the 3mo. average volume. Increased volume is often an indicator of forthcoming gains, so we definitely want to monitor this one closely as we begin this new week.

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Medical Alarm Concepts Holding, Inc. MDHI

We are bringing MDHI into the mix today as a bottom play. The stock has recently come down off of a high of .0094, to find support in the .0025 range. Prior to that high, the stock traded as low as .002.

MDHI’s past shows us that it is clearly capable of impressive runs, which is precisely why we want to pay close attention while it is at a relative bottom.

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Extended Watchlist:

KMAG, NOK, OXGN, PSTI, TLON

(AAPL August 10 $615 & $  620 calls which closed at 6.10 and 4.15 respectively)

AAPL worked well in our favor last week, breaching that $615 mark that we were shooting for; not only did it touch $618 but appears as if it wants to gap up today.

AAPL, TLON & Extended Watchlist

Apple, Inc. AAPL -Options

We don’t normally put option-plays in the newsletter, but when we do, it seems to work very nicely. Our mention of the $605 and $610 Calls yielded the opportunity for big gains. The Apple $605 Calls traded as low 4.70, and hit a high of 9.90, for over 100%, and the $610 Calls, traded as low as 2.85, and touched a high of 6.90, for 142% in gains.

Since Apple looks like it wants to gap up above $615, we want to move our strike price up and look at the $620 and $625 Calls. The $620’s closed at 2.42 yesterday, and the $625’s were at 1.65. In the event that AAPL can break the $620 mark, $630 and $640 will be the next resistance points.

***Bullish Points***

-The CCI Is attempting to make it past the 50MA

-RSI Just passed the 50-line and the 50MA

-PPO looks like it wants to cross over above 50MA

-Blue bars on the histogram look like they want to reverse to the top side

-Slow STO recently crossed over passing through the 50 line looking like it wants to break above the 50MA

-The stock broke back above the 20, 50 and 100 day moving averages this week.

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Talon Therapeutics, Inc. TLON

We observed TLON dip to close at 1.21, and we are expecting a rebound into the company’s Aug.12th FDA date.

It is to be expected to see pullbacks after the three consecutive days of gains that preceeded it, and it provides folks who were late to the party last time a chance to get in on the fun.

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Extended Watchlist:

ICNB, CYTK, BBDA, SIMG, AAPT, ASKE

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