Tag: AVXL

Blue Horseshoe Stocks: Potential Bottom-Plays & More


Potential Rebound Plays

U.S. Stem Cell, Inc. USRM  -We caught USRM for some nice gain opportunities a couple of weeks back. We had initially begun tracking this play after mentioning it on the morning of February 27th. Subsequent to that, we had witnessed an impressive run from a low of .014  to .0545, for a 289% gain in a span of just two sessions.

That was followed by an expected period of consolidation, but it appears as if USRM has found support at .0175. We’re going to want to return to monitoring this play more closely on the chance that it could be gearing up for another run. If it produced a move even a fraction of what we saw before, it will be worth its slot on our watchscreens.

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Iconic Brands, Inc. ICNB – Speaking of familiar plays that could be in line for a rebound in upcoming sessions, we want to swing back around to ICNB this week. We had tracked this one to some decent gains after tagging it for observation on January 24th. Following that, the stock would trade in a range from .018 up to .0339, a respectable move of 88%

But like the above-mentioned stock, after its run, it basically underwent a big-time consolidation which lasted nearly a whole month. That brings us up to yesterday, when we noticed ICNB giving off something of a rebound signal. We’ll go back to watching more closely in the next few sessions.

Aralez Pharmaceuticals, Inc. ARLZ – Bottom Watcher

ARLZ has been falling off a cliff this week, and despite the fact that it may yet have further to fall, we’re going to want to begin monitoring it as it attempts to sniff out a solid support level. There could definitely be some opportunities waiting for traders that can properly time the recovery.


Direxion Daily Jr Gld Mnrs Bull 3X ETF  (JNUG) – Reminder

Apart from some quick chances for early gains yesterday, our freshly formulated options idea for JNUG may need some time to mature. That’s why we chose an expiration date a couple of weeks out. We’ll continue to have the JNUG 03/31 $7-8 Calls on our radars moving forward.

Extended Watchlist:
DTII, AVXL, AXAS, OWCP, SPCL, IMMU, CVRS

Blue Horseshoe Stocks: VDRM, ABVG & More

ViaDerma, Inc. VDRM

VDRM was the first of a pair of plays from yesterday morning’s extended watchlist. The stock enjoyed a gradually increased PPS over the course of the entire session, and ran into the closing bell with strength.

VDRM’s daily trading range was from .0145 to .03, which works out to an intraday pop of 107%  The double-bag move came on well over twice the 3-month average volume, and as stated above, VDRM ran into the close, so we’re going to be maintaining our watch over the stock for the time being, looking for it to record higher lows and higher highs once again.

Affinity Beverage Group, Inc. ABVG

The other item of interest from yesterday’s premarket watchlist was ABVG, which also commanded a fantastic performance which led to a doubling in PPS.

ABVG ran a cool 100% from its super-subpenny low of .0007 right up to a subpenny high of .0014. Like the aforementioned play, it closed very near to its high-of-day, and did so on immense volume. To be exact, ABVG traded 13 times as many shares as its 3-month average, so we will also have room on our watchscreens for this one in sessions ahead.

Michael Kors Holdings Ltd. KORS – Options Idea

With KORS disappointing on Q3 revenue, as well as issuing shaky guidance, the stock is taking a hit in early trading here in the premarket.

Accordingly, we are going to want to signal a range of bearish options to monitor in the event that an even more precipitous decline is in the cards. We’ll be watching the KORS Weekly $39-36 Puts closely, and choosing our specific strike point/s based upon how the activity unfolds once these earnings revelations are traded upon during regular hours.

Extended Watchlist:
BIEL, TPNI, PULM, ATHX, MYOS, AVXL,

Blue Horseshoe Stocks: SPU Continues Epic Run & More

SkyPeople Fruit Juice, Inc. SPU

Since we tagged SPU in our morning report the Friday before last, the stock has done nothing but break into blue skies. The first day we caught it at a low of 4.00 and its performance since has been nothing short of incredible, with Friday being the fifth consecutive session it recorded higher lows and higher highs.

On Friday, we were remarking about just that, and mentioned that based on premarket activity, we thought SPU could be in line for another solid session despite having reached overbought status.

Our instincts proved reliable, as SPU once set a new high for us, running  24% intraday from 11.54 to 14.29, before closing with strength at 14.25. The new high represented an total increase of 257% over our observed low from just a week earlier! Congrats to anyone who was along for this epic ride!

QUALCOMM, Inc. QCOM – We’ve also got some updated figures on the QCOM Calls we began tracking on Thursday. The QCOM Weekly $58-61 Calls, despite having already brought us chances for gains ranging from 79% up to 575% that day, still produced further opportunities on Friday.

Astonishingly, some of the single-session gains we observed actually made Thursday’s opportunities seem small by comparison!

$58 Calls – Range: 2.10-3.14 – Max Gain: 49%
$58.50 Calls – Range: 1.49-2.63 – Max Gain: 97%
$59 Calls – Range: 1.03-2.16 – Max Gain: 77%
$59.50 Calls – Range: .53-1.60 – Max Gain: 202%
$60 Calls – Range: .15-1.18 – Max Gain: 687%
$60.50 Calls – Range: .05-.56 – Max Gain: 1020%
$61 Calls – Range: .01-.21 – Max Gain: 2000%

Universal Apparel & Textile Co. DKGR

DKGR was an inclusion in Friday’s watchlist, and it saw a modest yet solid intraday upswing. It ran from a low of .036 to .048 for a gain of 33% which came on slightly over twice the average monthly trading volume.

We’ll keep an eye skinned for further activity as the stock maintained more than half its daily advance into the close at .045.

Golden Cross Watch:

We are going to be monitoring both  Anavex, Inc. AVXL and Kopin Corp. KOPN in sessions to come, as both chart appear to be working toward the possibility of a Golden Cross.

Extended Watchlist:
UATG, ONOV, ATHX, GLNG, BLIN, SPHS