Tag: CETX

Blue Horseshoe Stocks: BIg Day for WB & More

Weibo Corp. WB – Options Recap

We decided to track WB on the heels of its earnings beat yesterday and formulated a range of call contracts that we thought would see some nice activity as a result. Post-earnings options ideas are among our favorite types of plays, and WB serves as another example of why we’re always coming back to that well.

We signaled the WB Weekly $67.50-70 Calls, and with the exception of the $68.50’s and $69’s which didn’t trade a lot of volume, we saw some killer single-session moves from the other four contracts in our highlighted range:

$67.50 Calls – Range: .70-10.78 – Max Gain: 1440%
$68 Calls – Range: 4.40-10.80 – Max Gain: 145%
$69.50 Calls – Range: 1.50-7.80 – Max Gain: 420%
$70 Calls – Range: 1.30-8.90 – Max Gain: 584%
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Target Corp. TGT – Fresh Idea

Weibo was our fresh idea for yesterday, and today we’ve got another set of ideas to enter into the mix today with TGT.

Based purely on the look of the chart, this morning’s earnings notwithstanding, we’re attracted to the massive gap to fill to the upside, part of which has begun to fill as TGT is gapping up in the premarket.

We’re interested to follow progress on a range of both short and longer-term ideas, namely the TGT Weekly $57-59 Calls, as well as the TGT 06/23 $60-62 Calls. .

xG Technology , Inc. XGTI

We tagged XGTI for observation yesterday morning, and the stock did make a modest move of 24%, trading up from a low of 1.72 to 2.14 on the day.

While not an eye-popping move in and of itself, it did occur on massive volume, on the order of roughly 70X the 30-day average, and this morning in the premarket the stock has hit a new high of 2.19. We’ll definitely be on the lookout for a continuation of the momentum that is built up in this stock.

Extended Watchlist:
BVTK, CBIO, GNC, CETX, SNDX, TENX, TDW,

Blue Horseshoe Stocks: Super-Subpenny Movers & More

In Ovations Holdings, Inc. INOH

We talked about INOH in Friday’s premarket report, noting that the company had just come current on its filings.

We’ve been tracking a bunch of super-subpenny plays lately, which for one reason or another, have seen heightened activity over the past couple of weeks. We surmised that INOH could be the next link in that chain, and we weren’t disappointed.

The stock traded in a range from .00039 to .0006 on the day, an upswing of 54% on roughly three times the monthly average volume. We’ll want to continue to watch INOH for the recording of higher highs and higher lows as we kick off the trading week.

IDO Security, Inc. IDOI

Speaking of super-subpenny stocks, we put IDOI on our readers’ radars back on March 21st after seeing a pretty sizable uptick in price action and volatility just prior to that.

After a couple of weeks of trading sideways, IDOI once again saw a rush of activity flow into the stock and Friday’s session brought a chance at some very respectable intraday gains.

The stock traded up from .0003, cracking the super-sub/subpenny threshold and reaching a high of .0011 for a daily pop of 267% We’ll also continue to keep an eye on this one to see if it can carry some of that volatility over to this week.

Akari Therapeutics, Plc. AKTX

We tagged AKTX on Thursday, and saw a solid intraday performance as it ran from a low of 13.69 to 18.46, (+35%). We noted this in Friday morning’s report, and mentioned that we wanted to stay on its trail.

What we ended up seeing was a very similar move to the previous session as AKTX came down off of Thursday’s highs and executed a dip-and-rip pattern that caused it to retrace its steps, trading in a range from 13.50 to a new high of 18.80, an intraday move of 39%

Galectin Therapeutics, Inc. GALT

Speaking of new highs, we wanted to comment on GALT, which is a stock that we’ve been tracking pretty regularly since the beginning of this year as you can see with a quick view of the GALT tag on our blog.

Our observed low of .935 came a couple of weeks following our tag of the stock on January 12th, and for the most part, it has been a continual climb since then, reaching a new peak at 2.87 on Friday. It works out as a total move of 207% that we’ve seen from GALT in 2017.

Extended Watchlist:
NAKD, XGTI, SWFT, GERN, CETX,

Blue Horseshoe Stocks: ICLD, CATB Recaps & More

Intercloud Systems, Inc. ICLD

We caught ICLD coming off of its bottom, and tagged the stock in our report from two Thursday’s ago on the 2nd. Subsequent to that, we would witness a low of .0157 in the stock, and since then it has been one big bullish run that led to an impressive new high on Friday.

We’ve stayed with it each step of the way as it rose from that .0157 low to Friday’s top mark of .0465. That works out to a fantastic move of 196% which occurred over a period of just seven trading sessions.

The sheer amount of activity in the stock on Friday, with more than $6M worth of ICLD shares changing hands, coupled with the strong close has us very interested to track its movements as it leaves the starting gate this morning.

We also prepared a video presentation of the ICLD Chart and its recent movements that you can view by clicking the graphic below:

Catabasis Pharmaceuticals, Inc. CATB

Speaking of catching plays coming off of their bottoms, we signaled CATB in Friday’s premarket report, noting the monster gap on its chart to the upside.

We highlighted this one just in the nick of time, as the move it made during Friday’s session ultimately provided for the filling of around three quarters of that gap. CATB ran from a low of 1.58 and went on to hit a high of 2.76, for a very respectable intraday pop of 75%

In terms of what we want to see moving forward, we’ll be looking for CATB to maintain a level of support each day higher than the previous session.

Side Note: These two winners (ICLD, CATB) from Friday’s report also happened to turn in the two top-gaining performances for the entire NASDAQ exchange for Friday’s session!


Aviragen Therapuetics, Inc. AVIR

We also want to issue a quick alert on yet another potential bottom play that appears to be perfectly primed for a rebound. As you can see plainly on the chart snapshot below, there is a sizable gap to fill to the upside, and our favorite indicators are screaming ‘bullish’ at this point.

The chances of seeing a rebound out of AVIR sooner rather than later seem quite good as we kick off another trading week.

Extended Watchlist:
CBR, FATE, TENX
CETX, ORPN (Bottom-Bouncers)