Tag: BGMD

Blue Horseshoe Stocks: WATT Recap, NDRM & More

Energous Corp.  WATT

We first began tracking WATT on Wednesday of last week, and on that day we witnessed a low of 8.40. Yesterday, just three sessions later, the stock bullrushed its way to a high of 11.20, a highly respectable three-day increase of 33%

This is one that will remain on our watchlist heading into this week’s holiday break, and in order for us to remain interested we’ll want to see the stock maintain support in the  9.60-10.75 range.

Amazon.com, Inc. AMZN – Options Idea

AMZN started flirting with the 50 DMA ($311) getting above it yesterday for the first time in a few weeks. Chart conditions are ripe with RSI just getting above the 50 line and the MACD having just underwent a bullish cross as we point out in the snapshot below.

As a result of these conditions, we want to radar the January 17th $300-315 Calls which closed yesterday at 15.62 and 6.53 respectively.

NeuroDerm Ltd. NDRM

NDRM, having just come off of a relative bottom, is flying high in the premarket this morning, gapping up to tune of 30% The company announced enccouraging top-line results for one of their treatments currently in testing, and the reaction is being felt on the chart.

We will be looking at this play the way we do most stock that are surging hard on news; observing for profit-takers to cause a pullback off of the top, and a dip-and-rip where we can take advantage of the subsequent rebound.

TODAY’S NEWS:

Extended Watchlist:
BGMD, CJJD, XNPT, ARCP, ANV

Blue Horseshoe Stocks: NSPH, DLIA, POWR

Nanosphere, Inc.  NSPH

NSPH is the first of a few new plays that we pulled off of our scanner this morning. The stock made a big move on Monday after it was learned that Nanoshpere had landed a substantial contract. Yesterday the company received FDA clearance on one of its products (Verigene(R) Enteric Pathogens Test), but could not maintain a steady run as a result of an overall dip in the markets.

The stock is, however, gapping up again this morning. We may want to keep an eye peeled for this play, as it is still trading near a relative bottom at its current price range; the stock was trading at 2.50 and above as recently as March.

dELIA*s, Inc. DLIA

Next up, we have DLIA, which popped up on our scanner as something of a momentum play. The stock is coming off of a recent bottom, and has been exhibiting the signs of a bullish run. A quick review of the chart shows that DLIA has made higher lows and higher highs for the last three consecutive trading sessions, and continued to build up a head of steam yesterday, pushing through its 50DMA.

We’re seeing a sizable gap-up this morning as well, and as you can see the chart still looks extremely bullish. We have an RSI which looks like its just about to punch into the power zone, and a MACD which recently underwent a bullish cross. If DLIA can now manage to break through the 200DMA (.98), it appears to have a pretty clear path on up to the 1.25-1.35 range.

PowerSecure International, Inc. POWR

Last but not least we have POWR, which is another morning gapper. The stock fell off a cliff on worse-than-expected earnings back in early May. We are now seeing some of that gap being filled, and want to keep a close watch over this play for the remainder of the week at the very least.

The gap on the chart goes all the way up to more than $18, so a return to previous levels would spell gains of more than 100% Even if the stock can manage to get back above its 50DMA (Currently 12.49), it would yield profits in excess of 40% over present prices.

Today the company announced it had successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service as outlined in the PR below.

WAKE FOREST, N.C., June 25, 2014 /PRNewswire/ — PowerSecure International, Inc. (POWR) today announced that it has successfully modified the service arrangement with one of its major utility customers to improve the terms of its ongoing service.  The modifications include adjustments to pricing, work assignments, and expected improvements in the ongoing scope of work. >> FULL PR


Extended Watchlist:
AERI, AMPE, BGMD, SYN, FB, TWTR

Blue Horseshoe Stocks: BGMD, PBR, RLTR, & Extended Watchlist

BG Medicine, Inc. BGMD

To really see the full scope of the gains we’ve seen from BGMD this year, we have to track back to the end of 2013. Following an appearance in a report we released on Dec.10th, the stock would settle to a low of .87, and it has been doing quite well ever since.

In early January, we saw BGMD break the 1.50 mark, at that point already up significantly from its prior low. It would spend the rest of the month under a gradual consolidation (to around 1.12) until early February, when another uptrend began.

Flash forward to our recent alert of the stock on March 12th. After two days, we would see BGMD touch a low of 1.28, and from there it has taken off like a rocket. It set a new high of 2.419 during trading yesterday on news of positive results from a series of recent clinical trials.

That high marks a sizable 89% gain from its Mar.14th low, and a highly impressive overall move of 178% from the low we caught in December.

Petroleo Brasiliero SA (Petrobras) PBR – Options

Our first post on PBR came last Friday, at which time we professed our interest in the May 2nd $12 Calls. At that point, the contracts were trading at a low of .31. Yesterday, just three sessions later, as a result of the continued recovery of PBR stock off its recent all time low, the $12 Calls hit a high of .56 (+80%).

PBR is trading up pre-market today, as high as 12.25. What we have to expect now, is contesting with some resistance, currently, at 12.50, 12.71, & 12.84. If it doesn’t punch through those key resistance areas, we will be looking for the stock to hold support at or above 11.84.

Reeltime Rentals, Inc. RLTR

We going to be adding a new interest to our radar today,  in the form of RLTR. What makes this one especially interesting for us, is that Reeltime co-produces one of our favorite shows, CNBC’s “Money Talks”. News out this morning announced the airing of this season’s second episode, tonight at 10PM on CNBC.

On the stock side of things, RLTR has already seen a nice move this year, running from as low as .001, to a high of .025. It then consolidated to find support at .0061, and has now begun to bounce off of that low. The chart recently experienced a Golden Cross, and currently the PPS is holding support above the 50 & 200DMA’s, two bullish indicators.

All of those reasons definitely make RLTR one stock that we will be observing for the foreseeable future.

Extended Watchlist:
UTRM, VLDI (News Out), YONG, HTM, CXDC, INVE, OCLS,