Tag: CNAB

Blue Horseshoe Stocks: Thursday’s Winning Calls & More

Notis Global, Inc. NGBL

NGBL is one of a handful of plays that we’ve been tracking this week to record yet another solid session yesterday. On Wednesday, brought the stock to our readers, while it was still trading in the super-subpenny range at a low of .0009.

The stock showed us a nice intraday run that day, and yesterday, registered another solid intraday upswing which carried it from .001-.0015 , a 50% move. As we stated yesterday, we’ll stay interested in NGBL as long as it continues to hold support above the previous session’s swing low as it did yesterday.

Oroplata Resources, Inc. ORRP

ORRP appeared in our premarket report on Monday, and on that morning we witnessed a low of .265. In an impressive multi-day run that saw the stock record higher highs and higher lows each and every day this week, ORRP managed to set a new high once again yesterday.

The top mark on the day was .698, which from our observed low of .265 represented a four-session rip of 163% With the kind of protracted momentum we’ve witnessed to this point, we’ll be certain to stay on ORRP’s trail.

United Cannabis Corp. CNAB

It’s been quite some time since a cannabis stock hit our radars, and CNAB broke the lull yesterday with a nice single-session move after we included it in our daily watchlist. The stock ran from .28-.40 on more than 3X its monthly average volume, marking a run of 43%

With elections fast approaching and marijuana being once again brought to the forefront as national attitudes toward its prohibition continue to shift to the negative, we’re going to be keeping a more keen lookout for potential plays in this arena. Perhaps most notably, California is set to make a decision on legalization for recreational purposes, a measure that is expected to pass if preliminary polling is to be believed.

OWC Pharmaceutical Research Corp. OWCP

We pointed out OWCP as a prime bottom-play opportunity yesterday morning, and our timing really couldn’t have been much better.

We saw a really nice jump out of the gate as the stock blazed a path from .0045 to .0074, a 64% intraday run, before holding in strong for a .007 close. The chart still appears very ripe for the possibility of further gains, with a rapidly strengthening RSI as well as a a bullish MACD cross in progress.

Fresh Options Ideas

With Costco beating on earnings post-market yesterday, and the chart having come down to a support level near its four-month lows, we want to signal a range of both weekly calls, as well as a couple that expire at the end of next week in the event that the heavily oversold stock is ready for a reversal as it appears it may be.

We’re going to zero in on COST Weekly $148-150 Calls for potential daytrades (Caution: Highly experienced traders only!) as well as the COST 10/07 $150 and 152.50 Calls.

Extended Watchlist:
HADV, CANL, DLPX, PRRE, GETH, OZM, LXK

Blue Horseshoe Stocks: Bottom-Plays, NGBL Recap & More

Notis Global, Inc. NGBL

On an otherwise slow day, we were able to see a nice intraday move out of NGBL after including it in yesterday morning’s premarket watchlist.

This stock went from super-subpenny to subpenny territory, trading up in a daily range from .0009 to a high of .0015. That worked out to an intraday rip of 66% and it occurred on trading volume that exceeded the monthly average by roughly 75%

The stock tapered back to close at .0011, so it didn’t manage to hold at least half of its daily advance, but we’ll still remain interested in monitoring its activity provided it can hold support at or above yesterday’s swing-low on any pullbacks.

Oroplata Resources, Inc. ORRP

We also want to circle back to ORRP for an update this morning, following yet another solid intraday performance from the stock.

We  signaled this play for observation on both Monday and Tuesday, observing an overall low of .265. The stock has made higher highs and higher lows each day since, and yesterday it ran from a morning low of .355 to a new high of .50, a 41% pop.

From our initial low we witnessed at the beginning of the week, we’ve now seen ORRP make a total increase of 89% We’ll continue to have it on watch for the possibility of a sustained uptrend.

Enphase Energy, Inc. ENPH

We want to place ENPH on bottom-watch this morning after the events of the past few days have seen the stock coming off of a newly-recorded 52-week low.

There was a major selloff that resulted in a large gap on the chart, as you can see on the snapshot below, which was catalyzed by the company’s recent 13 million-share public offering. Since then the stock has been hovering around the level where the offering was transacted (1.20), but we’re going to want to keep it on watch for a recovery.

There has also been some recent insider buying in the stock, something for which we’re always on the lookout. All these factors, coupled with an oversold stock, make ENPH one that we’re going to be watching carefully in coming sessions.

OWC Pharmaceutical Research Corp. OWCP

We’ve got another possible subpenny bottom-play hitting the scanner this morning in OWCP. We’ve pointed out the various signals on the chart below, and will be monitoring the situation as we head into week’s end.

Regaining even half of its PPS levels of less than a month ago, would mean gains of at least 150% from the current share price.

Extended Watchlist:
CNAB, ELED, YIPI, HYSR, CHRO, TTCM

Blue Horseshoe Stocks: QCOM, SPU Updates & More

SkyPeople Fruit Juice, Inc. SPU

Yesterday we were just remarking on the excellent performance of SPU, a stock we’d just tagged for observation last Friday, which had gone on a major upswing over the four preceding sessions. To that point, it had run from a low of 4.00 up to Wednesday’s high of 10.13 (+153%).

SPU proceeded to pile up the gains as it streaked to a new high once again during yesterday’s session. From an early low of 8.82, the stock broke past previous resistance and hit 12.30. That was good for an intraday gain of 39% as well as an overall increase over our observed low of 4.00 from Friday, amounting to 207%

Though the chart is beginning to look a bit toppy, we’ll stay on SPU’s trail provided it can continue to record higher daily lows as it has done each day since we initially brought it to the table. With the stock gapping up back into the $12-range in premarket trading, the table could be set for another interesting session.


QUALCOMM, Inc. QCOM – We caught QCOM on the heels of an earning beat yesterday and formulated a range of corresponding options ideas. Our highlighted target range was the QCOM Weekly $58-61 Calls, and all seven of the contracts within came up with solid single-session moves:

$58 Calls – Range: 1.35-2.42 – Max Gain: 79%
$58.50 Calls – Range: .99-1.95 – Max Gain: 97%
$59 Calls – Range: .60-1.50 – Max Gain: 150%
$59.50 Calls – Range: .34-1.05 – Max Gain: 209%
$60 Calls – Range: .15-.70 – Max Gain: 367%
$60.50 Calls – Range: .07-.40 – Max Gain: 471%
$61 Calls – Range: .04-.27 – Max Gain: 575%

It was the second day in a row that our options ideas yielded multi-bag profit potential, and a great example of why we continuously return to options trading as an alternative to traditional securities.

MaxSound Corp. MAXD

We also want to quickly congratulate anyone who caught our re-alert on MAXD this past Friday, when the stock was trading as low as .0043. Yesterday, it cracked though and held above the barrier into Pennyland, reaching a high of, and closing at .0125. That marks a 191% rip that we’ve witnessed here in under a week’s time!

Extended Watchlist:
CNAB, DKGR, DLYT, WEYL, IMUC,
KONE(Abnormal Activity, Potential Dip & Rip)