Blue Horseshoe Stocks: ACGX, NEWL & Extended Watchlist

Alliance Creative Group, Inc. ACGX

The last time we looked in on ACGX was on May 15th, and the stock had just run into some resistance in the .006 area for the second time in as many weeks. Since then, we’ve been monitoring for a break of that key level on the chart, and it finally occurred yesterday during quite a fruitful session.

ACGX made a respectable intraday move from .0046 to .0064 on greater-than-average volume, giving traders the chance at rapid profits of up to 39%

The stock closed out the day having held the majority of its gains (.0058) so, as we go forward, we’d like to see it once again overtake the .006-level and hold support at or above that mark.

We haven’t had any updates from the company since it reported record revenues early this month, so we’re going to be watching the press wires closely. Alliance seems to make a habit of keeping its shareholders apprised of current events with regularity, so we wouldn’t be surprised to see an update come down the pipe in the relatively near future.

Recent Press:

Alliance Creative Group (ACGX) Reports Record Revenue of $3,299,009 for Q1 of 2014, a 34% Increase From Q1 of 2013 and Net Income of $326,796 for an Increase of 237% Compared to Q1 of 2013 (Mon, May 5)

Alliance Creative Group, Inc. (ACGX) Announces That It Will Be the Official Printing and Packaging Sponsor Along With Being a Presenter for the 1st Annual Cannabis Investor Conference in Denver, Colorado (Wed, Apr 30)


NewLead Holdings Ltd. NEWL

We’re glad that we re-mentioned NEWL in yesterday’s report despite the fact that it was already in the midst of a major run, because the stock kept on pushing its upper limits, running from a daily low of 2.40 all the way up to 3.81 marking an intraday move of 59%

This morning it appears as if NEWL wants to continue pushing the envelope, as it has reached as high as 4.20 in pre-market trading. That represents an overall move of 986% from the low of .3867 we observed just four sessions ago.

Granted the fact that we originally placed it on bottom-watch on May 9th, NEWL is definitely making its case for becoming one of our best bottom-plays of the year.

This morning’s pre-market high of 4.20 will be the area of resistance we’d like to see broken during today’s session.


Extended Watchlist:
LIQD, IGC, MY, HERO, NQ, IDN

Blue Horseshoe Stocks: ACGX, SKYF & Extended Watchlist


Alliance Creative Group, Inc. ACGX

We’re looking to ACGX once again this week- If you recall, back in April this stock brought us chances for significant gains as it ran 100% from .0055 up to .011.

We followed up early this month where we put the a stock on bottom-watch. Since then, it has consolidated down to find that solid support we were looking for at .0035 and has begun to rebound.

Yesterday ACGX cracked back above its 50DMA at .005, and that’s where we’d like to see support hold from here. There’s some key resistance coming up in the .007-.008 range; if ACGX can make a move back to pennyland, it will spell gains of 65% or more, so we definitely want to continue monitoring this play in upcoming sessions.

We’ve prepared a short video presentation of the chart, click below and take a look:



SKY440, Inc. SKYF

Congratulations are in order for anyone following along with our call of SKYF earlier in the week. After making a 100% intraday run from .0012 to .0024 following our initial alert, the stock came back to bounce off of support at .001 yesterday morning. It subsequently ran back to .0018, tacking on another 80% to the gains we’d already observed.

One of the things we’re not crazy about with SKYF is the Caveat Emptor status designated to it over at OTCMarkets.com. We’d like to see that info get updated, although there has been no indication that the process is underway.

In the meantime, chart-wise, key resistance in the .0022-.0024 range must be broken, or we’ll consider taking profits off of the table and moving on. Additionally, support will need to continue to hold at or above .001 to keep SKYF an item of interest.



Extended Watchlist:
SRC, GTIV, PTX, CLNT, PERI, RNBI

Blue Horseshoe Stocks: ACGX Update, PSID News

Alliance Creative Group, Inc. ACGX

ACGX has been under consolidation for the past few sessions, and we’re now turning our attention back to the stock, putting it on bottom watch to start this new trading week. We’ll definitely want to be around when finds support and begins to rebound, as we’ve already witnessed the rapid swing capability of this play.

If you recall, we were recently afforded the chance at gains of up to 100% when ACGX ran from .0055 to .0011, so even if we only saw a fraction of that movement, it could result in a significant percentage increase.

Below, we’ve pointed out the area of support that we’d like to see act as a base for the next swing cycle:

Additionally, you may want to check ACGX’s latest Quarterly Report, Released Friday

More Info @ AllianceCreativeGroup.com


PositiveID Corp. PSID

PSID is another old favorite that we’re turning our attention to this morning after catching a fresh addition to the news feed. This is one PR that you’re probably going to want to read through, as it outlines an agreement the company has signed with NASA.

This won’t be the first high-profile association we’ve seen from PositiveID; the company has generated a lot of collaborative interest from government agencies with regard to its bio-detection technologies.

As far as the PSID chart is concerned, we’d like to see support continue to hold at .07, and are looking to see the 50DMA at .09 to be broken.

DELRAY BEACH, Fla., May 5, 2014 (GLOBE NEWSWIRE) — PositiveID Corporation (“PositiveID” or “Company”) (PSID), a developer of biological detection and diagnostics solutions, announced today that it has signed a Space Act Agreement with NASA’s Ames Research Center to collaborate on testing the Company’s Firefly Dx detection system (“Firefly”) as a platform for biological research and commercial development for ground and space applications. >> FULL PR

More Info @ PositiveIDCorp.com


Petroleo Brasiliero S.A. (Petrobras) PBR – Options

Last Tuesday, we pointed out our interest in the PBR, specifically with regard to the options chain. We stated that we would be “monitoring the $13.50 and $14 Weekly Calls throughout the rest of the week for potential dip-and-rip opportunities.”, and that’s exactly what we got.

As you can see from the screen capture below taken Friday afternoon, the $13.50 Calls ran from a low of roughly .30 on Thursday, and tested highs over 1.10 heading into Friday’s close. The $14’s observed a similar pattern, but with much more significant results, running 1575% from .04 to .67:

Congratulations are in order for anyone who caught these calls, which are just the latest in a long line of opportunities. PBR has performed well for us on multiple occasions since our very first mention (03/21), and we’ll continue to look to it for further chances to profit. Presently, 14.87 is the next key area of resistance that we’re looking to see broken on the chart.

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Extended Watchlist:
HDY, ARIA, HEB, ARTX, OMEX, CPST