Blue Horseshoe Stocks: ACGX Presenting @ WeedStock Conference Today

Alliance Creative Group, Inc. ACGX

We thought this morning would be a good time to touch upon ACGX again; for those readers that may be new to our reports, this printing and packaging stock has made repeat appearances in our newsletters dating back to 2012, and most recently, provided us with significant chances to profit.

We tracked ACGX over a 100% move back in April when the stock traded from .0055-.011, and followed as it came back to find support at the .0035-level the following month. From there, we saw another solid run up to a subsequent high of .0064, good for up to 82% in gains. Over the past several sessions the stock came back to bounce off of support at .0039, and on Thursday and Friday last week it began to move once again, back to the .005’s, so we want to keep an eye on ACGX as this new trading week kicks off.

As you can see on the chart below, ACGX has just seen the beginnings of another bullish trend. The primary area of resistance rests in the channel from the 50DMA (.0057) to the previous swing high of .0064. A break past that point, and we could really be looking at some serious gains.

As many of you already know, the 1st Annual WeedStock Cannabis Investor Conference  is currently underway in Denver, CO, and ACGX will be making a presentation this morning (@10:45am in Classroom B). We’ll be anxious to see what the company may report in the near future on its experience at the show, and of course, we have representatives at the show as well, so we’ll be sure to relay our first-hand account of the event to everyone!

Blue Horseshoe Stocks: Afternoon Update – 06/05/14

Alliance Creative Group, Inc. ACGX

We’re sending out an update this afternoon on ACGX to pass along this morning’s PR, as well as to remind everyone to check out some info on the 1st Annual WeedStock Conference in Denver, CO coming up at the end of the month, where ACGX will be one of the presenting companies.

Many of the companies in the cannabis sector whose stocks we followed to enormous gains earlier this year will be in attendance, so the conference should give Alliance a great chance to make some meaningful connections with potential clients that operate in a new and exciting space.

We will also have representatives at the conference, so when the time comes, we’ll be sure to give our readers the full report! Read up on the 1st Annual WeedStock Conference at its official website, WeedStockConference.com

If you recall, our anticipation of the beginning of legal marijuana sales in Washington slated for July, is that it should generate more interest in cannabis in general, both in terms of investing and legislation (as we all know, the two are often inexorably linked). Colorado, acting as the national litmus test, has proved that not only is legalized recreational marijuana a great way to pull in tons of tax revenue, but it also had no effect on crime rates, as many opponents of the measure suspected it might. A set of similar results in Washington could press even more states to consider changing their own prohibition laws.

This morning’s ACGX PR:

CHICAGO, IL–(Marketwired – June 05, 2014) – Approximately 1.53 Billion Total Shares Shorted Since November 2010 – Short Squeeze Has Begun As Stock Crosses Above $.00444 SqueezeTrigger Price

Alliance Creative Group (ACGX) announces that BUYINS.NET, http://www.buyins.net, a leading provider of Regulation SHO compliance monitoring, short sale trading statistics and market integrity surveillance, has updated coverage on Alliance Creative Group after releasing the latest short sale data through June 4, 2014. >>>FULL PR

Visit ACGX at AllianceCreativeGroup.com

Blue Horseshoe Stocks: ACGX Update

Alliance Creative Group, Inc. ACGX

We thought today would be a good time to revisit ACGX given the current positioning of the chart. For some of our newer readers; this was a play that has afforded us the chance at some stellar gains over the past couple of months.

Following a huge run to more than a penny back in April, we monitored ACGX for a bottom, which it found at .0035 (May 9th). Since that time, it has made a couple of significant swings, where it has run into some resistance at the .006-.0064 area. We are currently observing another strong move off of its most recent swing-low, with the stock having made higher lows for the past five consecutive sessions.

As you can see on the included chart, ACGX is on the fringe of cracking through its 50DMA, the RSI is about to flip up to the strong side, and the MACD appears to be setting up for a bullish cross. With these factors in alignment, we’re going to want to pay closer attention to ACGX over the course of the week.

Remember, per a recent PR, at the end of the month Alliance will be attending the 1st Annual Weedstock Conference in Denver (June 29-July 1), so we’ll be interested to receive an update on that come July.

More Info:
AllianceCreativeGroup.com



Provectus Biopharmaceuticals, Inc. PVCT

We spotted PVCT on a routine scan this morning, and wanted to include it given the current situation. The stock recently became the target of an upcoming class action lawsuit, and was actually halted on May 23rd. this led to a major selloff when trading resumed, triggering a gap-down.

It appears as if the firm handling suit has another couple of months to pull together plaintiffs for the case, so we’ll be long gone by the time that comes around. We are interested in PVCT purely for the potential for quick-strike opportunities as it corrects itself off of its recent lows in the .30-.70 range.

The re-filling of even a fraction of the gap on the chart could mean rapid profits for us, so we’ll be keeping an eye on this stock over the next few sessions.


Extended Watchlist:
IAG, DARA, SPEX, FREE, RNA, PBR