Blue Horseshoe Stock: INSE Update & More

Inspired Entertainment Inc. INSE – Update

Yesterday morning, we placed INSE on recovery watch in the wake of its quarterly reporting. We cited the attractive bottom-bounce that was in effect as the markets had tanked the previous day and INSE managed to buck that trend.

Our instincts about this play turned out to be very good, with the stock piling on yet another very solid trading session. The stock’s low came in right at the opening price of 3.86 and it never looked back. INSE ran up to 5.23, representing a respectable single-session rise of 35%

It also closed just three cents lower than the high of day, setting us up to see if the stock can continue to build upon the momentum it has thus far exhibited.


DSW, Inc. DSW

We’d also like to formulate a fresh options idea for the DSW chain, after noticing an attractive chart setup. The stock has been trading at its lowest PPS since May, which when coupled with solid earnings and guidance in this morning’s quarterly report, could make for just the right conditions to strike on some options trades.

We’re going to signal interest in the DSW 12/21 $22.50 & $25 Calls, and keep those on watch throughout the rest of the week and into the next.
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Bonus Idea:
SPY Weekly $266.50-268.50 Calls


Extended Watchlist:
CASI, CNAT, HOLX, CDE, TQQQ, TNXP, LCI, AEO(Bottom play)

Blue Horseshoe Stocks: HPE, AEO Earnings Ideas & More

DSW, Inc. DSW – Recap

Among our fresh options trading ideas from yesterday morning were the DSW 09/21 $30 & $35 Calls. We noticed the company reported strong quarterly figures, and took advantage.

There were two separate intraday opportunities to be had in the $30 Calls, which first went from 3.00-4.30 (+43%), pulled back, and made another similar move from 2.25-3.30 (+46%). The $35 Calls fared the best, producing a chance at gains of up to 138% as they ran from .40-.95.
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More Fresh Options Ideas:
Hewlett Packard Enterprise Co. HPE Weekly $16.50 & $17 Calls
American Eagle Outfitters Inc. AEO Weekly $28-26.50 Puts



CEL-SCI Corp. CVM

We also wanted to quickly make mention of CVM, which we tagged for observation one week ago today. The stock has since produced a notable bullish push. Its low of 1.36 gave way to a new high of 2.46 yesterday, marking a one week upswing of 81%

The move filled the majority of the large gap on the chart, but not quite completely, so we’ll leave the stock on our radar to see if it can continue its recent uptrend.


Extended Watchlist:
TLRY, CGC, CRON, IGC, WRPT, AMPE

Blue Horseshoe Stocks: DPW Recap & More

Digital Power Corp. DPW

We began to track DPW in Monday’s premarket report, and with the help of a key Bitcoin related PR, the stock has performed quite well since then. We suggested that Monday’s bullish activity could be followed up with more of the same in yesterday’s report, and that’s certainly what occurred.

DPW traded in a daily range from an early low of 2.70, all the way up to an afternoon high of 4.27, marking an intraday burst of 58%   As measured from our observed low of 2.15 on Monday, that high represented a two-day swing of 97%

We will once again track this play very closely, with Bitcoin streaking to new all time highs yet again, touching $12,798.78 shortly after 8AM Eastern this morning. The company just released plans to launch a line of Bitcoin mining hardware, and anything related related to the space should continue to be a hot ticket item amid the current crypto-craze.



American Eagle Outfitters, Inc. AEO

We’ve come to rely on going after big options trading opportunities, especially after a company releases its earnings. Despite having fallen short of Q3 expectations for profits and revenue, AEO posted solid same store sales growth, and issued promising guidance.

As a result, the stock has continued its recent bullish run, and we’re going to want to signal the AEO Weekly $16.50-17.50 Calls for observation over the remainder of the week.


Titan Pharmaceuticals, Inc. TTNP

We’re going to place TTNP on watch this morning as a potential bottom play. One look at the chart snapshot below clearly shows that the stock is currently exhibiting a strong double bottom signal. We can also see the nearly 100% move it recorded in recent months. We’ll be looking for similar activity in coming sessions.


Extended Watchlist:
ICON, GLBL, XCO, MYSZ, VKTX, JUNO