Tag: CCTC

Blue Horseshoe Stocks: CCTC Update & More

Clean Coal Technologies, Inc. CCTC

No sooner than we were commenting on CCTC’s fantastic performance in the month of September in yesterday’s morning report, did the stock continue to bull its way to new highs. As is plain to see on the included chart snapshot, it has mostly been one positive session after another.

We had just pointed out the 142% increase CCTC had made from our observed low of .36 to Friday’s high of .87, and the stock managed to impress us again. From a daily low of .851, it cracked through a big psychological barrier at a dollar, and managed a new high of 1.07. It figured in as a 26% intraday run, and extended our total observed increase in just over a couple of weeks to 197%

The chart is now well into overbought territory, so we wouldn’t be surprised to see a bit of a pullback. In order for us to remain interested in CCTC, we’ll need to see it maintain support in the channel between .75-.65, at the lowest.

Ballard Power Systems, Inc. BLDP

A quick tag search for BLDP on our blog shows our long history with this stock, and we wanted to quickly re-mention it this morning. We most recently tagged it as a bottom-watch play on July 2nd after noticing the stock taking a big backslide. It has been mostly in a downtrend since that time, but we’re going to want to begin watching more intently.

The company inked a major deal to supply 300 buses in Foshan and Yunfu, China, with their fuel cell systems (>>View PR). According to a ‘Zacks’ article posted yesterday, BLDP’s transaction is “Valued at $17 million, and the deal will also bring in potential recurring royalties starting from 2017.”

We’ll continue to keep BLDP on our extended-term recovery watchlist.

Options Ideas For a Market Rebound

After five straight days of down markets, we’re going to be on the lookout for a rebound today. We’re seeing a gap-up here in early trading, so we wanted to venture a couple of options ideas if events play out as we expect.

We’re going to zero in on GoPro, Inc. GPRO and Facebook, Inc. FB for potential opportunities, specifically the GPRO Weekly $31-32.50 Calls, and the FB Weekly $90-91 Calls.

Extended Watchlist:
BGNN, VRSZ, NVAX, AA, PIR

Blue Horseshoe Stocks: Options Recaps, Recovery Play & More


Options Recaps

Our closing thoughts in Friday’s premarket report included some options ideas pertaining to our bullish feelings on AAPL and the SPY.

Specifically, we targeted SPY Weekly $193-194.50 Calls, and AAPL Weekly $115 and $116 Calls and included the following warning: “Trading options with a weekly expiration on a Friday carries an inherently elevated risk-reward factor, and is certainly not for the faint-of-heart, or beginning traders.” That would have been an important thing to remember, because the markets did pull back toward the end of the day, eventually rendering those contracts worthless, but not before opportunities for some big intraday gains were presented.

Early trading ranges in our SPY Calls rendered the chance at gains between 70-130% while the AAPL Calls did considerably better. The $115’s made a 293% move from .27-1.06, and the $116’s took the cake with a 520% surge from a nickel up to .31!

Heron Therapeutics, Inc. HRTX Puts

We also had some successful ideas going in the opposite direction; our bearish sentiment on HRTX paid some excellent dividends via the options chain last week, as we were mentioning on Friday. The stock continued to backslide into the close, reaching the $30-range with a daily low of 30.06. From our observed high of 42.25 at the time of our initial alert last Wednesday that’s roughly a 30% loss.

It will be interesting to see if this morning’s PR from HRTX affects the dynamics of the chart.

Clean Coal Technologies, Inc. CCTC

We also want to make another quick mention of CCTC, which has continually set new highs for us in the month of September.

We tracked the stock to some more nice gains last week, as it made a healthy intraday move of 21% from .72 to .87. That extends the total range we’ve observed following our initial alerts earlier this month from a low of .36 to Friday’s high; a total move of 142% in just two weeks’ time.

Totally Hemp Crazy, Inc. THCZ

We tagged this old familiar play on Friday for the first time since spring, and it turned out to be fortuitous timing as the stock made a noteworthy intraday jump.  THCZ traded from a low of .09 up as high as .1189, a 32% spike.

We’ll begin to pay closer attention to this and other cannabis-related stocks as election time draws nearer and the issue of marijuana is once again tested on ballots. We’ll be open to the possibility of new waves of attention for the sector as a whole, and be sure to keep our ear to the tracks for relevant developments.


Pier 1 Imports, Inc. PIR

A failure to beat Wall Street’s expectations on both guidance and earnings led PIR to gap down on Friday, though the dip wasn’t sustained. After seeing a low of 6.84 the stock did manage to recover quite a bit of ground into a 7.61 close. This transpired at a time when the chart was already fairly oversold, and that effect has been magnified as we point out on the chart snapshot below.

We’re going to have PIR on an extended-term recovery watch. A return to even the 50DMA would spell significant gains from the current juncture.

Extended Watchlist:
GEQU, COTE, EQLB, IMUN, NESV, PBMD

Blue Horseshoe Stocks: GBSN Review & More

Great Basin Scientific, Inc. GBSN

If it wasn’t already clear why we kept GBSN on bottom-watch for the past three weeks since our initial flag, yesterday’s continued uptrend brought it into much clearer focus.

Yesterday, after we re-alerted our readers that it had finally lifted off from its annual lows with a nice 50% intraday move, we mentioned that we wanted to see the stock establish a higher base of support as well as new highs, and it got a good start toward that end.

From its morning low of .098, the stock hurtled its way up to a daily high of .1389, which represents an intraday swing of 63%, and from its ultimate low of a nickel from the session prior, an overall increase of 178%

Once again, we’ll look for GBSN to exhibit signs of a more sustained recovery in sessions to come; as a quick view of the current chart reveals, the stock is still in heavily oversold territory and still looking bullish. We’ll want to see it maintain support at a minimum of .0785 to consider the uptrend still in effect.

Heron Therapeutics, Inc. HRTX

HRTX is gapping up heavily in the premarket today on the heels of yesterday’s revelation that the company’s bunionectomy pain drug generated exceedingly positive top-line results in Phase II studies. There is a conference call that just got underway at 8:30AM Eastern discussing the results of that study.

Despite the excitement being shown presently, leading up to this series of events, the HRTX Chart was on its way down and looking ripe for further losses, with the PPS sinking below the 50DMA for the first time since early August, a weakening RSI, and a bearish MACD.  We’re going to be looking at a way to take advantage as the stock pulls back off of this morning’s perhaps over-inflated excitement.

If it turns out as we suspect it may, we’ll look for action in the HRTX Weekly $45 and $42.50 Puts, however, in the event that it appears a bigger move up is imminent, we’d need to hop to the other side of the fence, and in that case, we’d most likely look to the Weekly $40 Calls.

Clean Coal Technologies, Inc. CCTC

We first put CCTC on watch a couple of weeks back, including in our reports on both the 9th and 10th of this month. On those first two days, we witnessed a 42% run from .45-.64, which preceded a pullback to a low of .36 the following day (11th).

Since that time, CCTC has been on a steady incline, and yesterday stock reached a new high of .7238, which marks a seven-session swing of 101% Both it and GBSN have clearly demonstrated why it’s smart to keep a continuous eye on stocks appear to present a good opportunity. Occasionally it takes several days for an idea to mature, but as we saw in both cases here, our initial instincts did prove correct.

Extended Watchlist:
SIRG, STTX, EVTI, CMGO

Blue Horseshoe Stocks: ASTI, CCTC Recap & More

Ascent Solar Technologies, Inc. ASTI

We’ve been watching ASTI closely over the past week or so as it’s traded up off a relative bottom on the chart. The stock has now strung together three consecutive sessions of registering higher highs and higher lows, including a nice intraday performance yesterday following the reminder in our premarket report.

From a daily low of .266, the stock traded as high as .35; a 33% swing, and an overall move of 84% over Friday’s low of .19. On any pullbacks from this point, we’ll need to see ASTI maintain a minimum level of support at or above the current 50DMA of .28 in order to keep our attention.

Clean Coal Technologies, Inc. CCTC

The other standout from yesterday’s morning report also came off of the extended watchlist in the form of CCTC, and it was a fairly steady runner for the majority of the session. The stock saw an early morning low of .45, and proceeded to trade as high as .64, marking a solid 42% intraday rip. Cheers to anyone who caught that timely alert.

We suggest our readers take a look at an article we found on CTCC, and the unique opportunity it presents as the coal industry is close to collapse. Lower natural gas prices have decimated coal, and the technology Pristine-M, conditions low-quality coal to improve energy output and in turn, boost the value of the product. >>> Read Article

Pazoo, Inc. PZOO

We were excited to see the content of yesterday’s news release from PZOO, which we posted on BlueHorsehoeStocks.com yesterday morning, as it pertains to the company’s continued exploration of opportunities in the legal cannabis sector. The announcement actually has the potential to generate business from countless other industries as well.

The technology highlighted by Pazoo is a “patented water conservation product, which guarantees at least a 10%, to as much as a 30%, savings in commercial property owner’s water bill.” We’re very excited about the possibilities that lay ahead as the establishment of this product continues, and will be sure to keep our ear to the tracks for further updates.

We also want to remind our readers that PZOO will be presenting in a special cannabis investor webcast at www.cannawebcast.com today, Thursday, September 10 at 11:00AM Eastern. We’ve provided links to both yesterday’s press and the webcast below:

Extended Watchlist:
MHCC, EVTI, POTG

Blue Horseshoe Stocks: SPY Options Recap & More

SPY Options Update

We were so spot-on with our options alert on the SPY in yesterday’s premarket report, that we feel it necessary to quote our alert verbatim. We stated: “With another reversal appearing likely with this morning’s gap-up in the markets, we’ll want to swing our attention in the opposite direction. The SPY generally trades inversely to the UXVY, thus we’ll be monitoring SPY Weekly $195-197 Calls in the event of a continued uptrend signal.” 

We certainly hope a good number of our readers were able to catch that, as every single one of the contract sets in our targeted range could have facilitated sizable gains on the session. Here’s a breakdown of the possibilities:

$195 Calls  – Daily Range: 2.05-3.50 – Max Gain: 71%
$195.50 Calls  – Daily Range: 1.75-3.15 – Max Gain: 80%
$196 Calls  – Daily Range: 1.48-2.80 – Max Gain: 89%
$196.50 Calls  – Daily Range: 1.25-2.45 – Max Gain: 96%
$197 Calls  – Daily Range: 1.01-2.15 – Max Gain: 113%

In order to take advantage of the SPY moving forward, we’ll need to see a continued boost in stocks. In that event, we may look to roll our strike prices closer to the money, namely the Weekly $198-200.50 Calls.

Apple to Announce iPhone 6S Plus – Options Idea

With Apple officially announcing the release of the iPhone 7 today, which is slated to go on sale at the end of next week, we’re going to want to stay ready for the possibility of an options play to one side or the other. We’ll need to guage public reaction to the new phone; an underwhelming product could result in a PPS decline for AAPL, in which case we’d be monitoring Weekly $112-50-114.50 Puts. In the event of a mainly positive reaction, of course, we’d flip that idea to the Call-side in the same strike price range.

Akebia Therapeutics, Inc. AKBA

AKBA is undergoing a mega gap-up in premarket trading today, largely due to yesterday’s after-hours report of positive Phase II study results. We’ll look to possibly take advantage of the situation; with such a rapid move up, it leaves AKBA open to a dip-and-rip pattern on the chart when sellers come out of the woodwork to take profits off of the table.

We’ve pointed out the previous swing highs as levels at which AKBA will need to maintain support on the dip, in order for us to remain interested:

Akebia Announces Positive Top-Line Results from its Phase 2 Study of Vadadustat in Dialysis Patients with Anemia Related to Chronic Kidney Disease (Tue, Sep 8)

Extended Watchlist:
UAPC, CCTC, TPIV, ASTI

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