Tag: DRHC

AAPL, DRHC & Extended Watchlist

Dethrone Royalty Holdings, Inc. DRHC

Our bottom-bounce call of DRHC yesterday was spot-on. The stock pulled back to .0065 before running as high as .0094. In the video chart that we published along with our alert, we stated that we were simply looking for a quick 30-50% move out of DRHC, and that’s exactly what we got.

We like the activity we are seeing from this bottom play and will continue to monitor for subsequent bounces, provided the stock holds above yesterday’s support level of .0065.

Apple, Inc. AAPL

We sincerely hope our recent coverage of Apple calls hasn’t fallen upon deaf ears. We started with the $415 & $420 Calls last Monday, and kept raising our strike price as time progressed and Apple traded higher. On Wednesday, we had lifted it up to the $445’s, $450’s, and were even looking as high as the $455 Calls. The $455′s were as cheap as 2.30 on Friday, and hit a high of 9.80 yesterday, a possible gain of 326%, and that upward trend should continue.

This morning, Apple is trading up pre-market, causing us to once again raise our strike price into the $465 and $470 Calls. That being said, Apple has been on an absolute tear since its last earnings release, steamrolling upward for the past couple of weeks, thus we want to stay on our toes so that we won’t be caught off guard by a reversal. The next key resistance points are likely to be at $469.95, and $484.94. Should it break those levels, there is a gap to fill up to $504.77, as we point out on the chart below.

Extended Watchlist:
MWIP, ARNA, NLS, USU, ONCY, IBIO,

DRHC, AAPL & Extended Wathclist

Dethrone Royalty Holdings, Inc. DRHC

We are putting DRHC on watch as a potential bounce alert this morning. The stock was recently hit hard with some heavy selling pressure, and it appears as if it is approaching oversold conditions. We are going to be looking for the stock to stabilize, and find some support.Once we see some sideways trading action on less volume, that will be our signal that the stock has found the needed support and may be ready for a bounce.

The stock touched its 52-week low on Friday at .007, and ended up closing at .0092. We will need to ensure that the stock maintains a minimum support level of .007 moving forward.

We prepared a video chart of DRHC as well:

Apple, Inc. AAPL

Apple is trading up pre-market this morning after yesterday’s close of 449.98, currently up 1.3% at 456.54. Last week, we made some phenomenal picks of Apple Calls that yielded us some monster gains.

As we’ve discussed AAPL Options over the past couple of weeks, the stock has continually building an upward trend. Once again, we have to move our strike price closer to the money; we are now looking at the $455 Calls.

Extended Watchlist:

WILD, AMD, CVM, BLDP,