Tag: ASUV

Blue Horseshoe Stocks: Leap Day Report

Happy Leap Day!

Good morning, Traders! Before we jump into today’s report- it’s February 29th- so we’d like to wish our readers a Happy Leap Day! On this, the rarest of occasions, we thought it’d be interesting to use our archives to do a four year time-warp back to the last leap day and see what we were talking about.

It turns out that we had signaled Energy Recovery, Inc. ERII as a bottom-play opportunity on the morning of February 29th, 2012, and it  turned into one heck of a long-term idea. The stock actually ran from it’s then-price in the 2.50-range to nearly 8.00 over the course of the next two years!

Flash forward to the current situation; ERII has been trending upward for the past two weeks solid, after having just announced an upcoming share buyback program a few weeks prior to that (>>View PR). Meanwhile, we have an RSI heading toward the power zone, and a MACD (not pictured) showing sharp upward divergence. We’ll monitor the stock in coming sessions on the chance that it continues the nice head of steam it has built up at the moment.

Updates on Recent Winners

INTREorg Systems, Inc. IORG

We first introduced IORG to our reports two Fridays ago, when the stock was trading as low as .62, and it has since gone on to reach a high of .88. This 42% rise came on relatively light volume. Given that IORG has such a low float (just 14.4M shares outstanding) it’s possible that only a slight amount of buying pressure can effect even larger gains than we’ve seen thus far, so we’ll have an eye peeled for increased activity.

Provision Holding, Inc. PVHO

PVHO first began appearing in our reports a few weeks back, and has continued to do so with regularity. On the day of our initial mention we observed a PPS of .084, and subsequent high of .18 (+114%). That was followed by an eventual dip back to .106 before rocketing to a new high of .25 (+136%). We’ll continue to track PVHO as long as it keeps inching its way up the chart.

Palo Alto Networks, Inc. PANW – Options Update

Among our options daytrading ideas from Friday morning’s report, one stands tall among all the others. The PANW Weekly $147 Calls ran from .10-2.00 for an incredible 1900% rip, marking not the first or second, but *third* gainer of 1500% or more for the week!

Fresh Idea: Taser International, Inc.TASR (03/04 $18.50-20.50 Calls)

Extended Watchlist:
AGTK, ASUV, USAR, HPTG, ELED,

WPNV | WindPower Innovations, Inc. & Extended Watchlist

WindPower Innovations, Inc. WPNV

WPNV is an alternative energy stock that was a feature of ours on April 16th, as well as appearing the day prior in our extended watchlist. The stock had maintained a solid level of support at .02 since we initially began coverage, and on Friday, a rush of buying pushed it as high as .0378. With proper timing, one could have banked as much as 89%

The chart is currently shaping up nicely- the RSI just broke into the powerzone, and with the 50DMA rising sharply toward the 200DMA, it now appears as if a Golden Cross is imminent. We will definitely want to keep an eye on WPNV for a continuation of the uptrend we have thus far observed.

Extended Watchlist:
CLNO, ASUV SKTO,
(PEIX, BIOF – Both on watch for a recovery from recent lows)

ASUV, TFER & Extended Watchlist

Harmonic Energy, Inc. ASUV

ASUV opened up at .055 yesterday, and steadily climbed all day, following alerts from us on the stock both yesterday morning and afternoon. ASUV ran as high as .109, marking a fantastic 98% gain on its second-highest volume day ever. Perfect timing on the recent bottom is what made it all possible.

One of the other reasons we like the setup on ASUV so much, is the tight share structure- 100M Authorized, 63M Outstanding, as well as the fact that the company has only $437K in total liabilities.

We are on the lookout for a possible gap up this morning after yesterday afternoon’s strong performance. As you can see on the  video chart we posted below on ASUV, the RSI is still coming off of being oversold. There is still much room for recovery, as we feel yesterday could be just day one in a turnaround that could continue to yield substantial gains.


(Includes Charts on both ASUV and TFER)

 

Titan Iron Ore Corp. TFER

Much like ASUV, TFER is coming off of its 52-week low, and as you all know, this is one of our favorite occurrences in the trading world. Recovery plays are our bread and butter, so its nice to have not one, but two plays that fit the description.

Yesterday, the stock posted a strong rally, making a 30% and closing near the high of day. In recent months TFER has struggled to punch through the 20DMA at .12. Ideally, we’d like to see a break past, and the PPS to hold above that point, in order to confirm a sustained uptrend.

We also included TFER in today’s joint video chart, pointing out that the PPO is pinching, so we’re looking for a cross there, and the RSI is on the cusp of breaking its 50DMA.

Extended Watchlist:
BCCI, FWDG, VRML, ACUR