Blue Horseshoe Stocks: ANY Review & More

Sphere 3D Corp. ANY

We’ve often said in the past that it’s better to be early to the party than late, and ANY is a perfect example of why. We tagged this play on Wednesday after noticing some unusual activity the previous day, and things didn’t really kick off right away. We observed a low of .15 during that session.

Yesterday is when things really moved into high gear, with the stock having an excellent day, trading in a range from .1941 on up to .29 for a 49% rip, and we’ll definitely want to keep tracking the activity into today, as the premarket high has equaled yesterday’s daily high.

From the low of .15 that we saw on Wednesday, ANY’s total upswing thus far has amounted to 93% Quite a respectable two-day jump.

_____

Vivint Solar VSLR Recap – Speaking of solid movers, we also wanted to quickly update the total observed range we’ve seen on VSLR, which reached a new high of 5.50 yesterday. From our witnessed low of 2.75 following our report on the morning of May 18th, that comes out to a nice, round 100%


AVEO Pharmaceuticals, Inc. AVEO

We want to radar AVEO in the wake of the announcement that its advanced renal cell carcinoma treatment has been recommended for EU approval by a scientific committee of the European Medicines Agency. The stock has gapped up into Blue Skies this morning as a result, with a new 52-week high of 1.28.

Concerning the chart itself, the 50DMA is rising toward the 200DMA and it appears as if a Golden Cross is imminent.  We’ll want to see AVEO hold at or above recent resistance at .89 on any dips in order to hold our interest.


Bed Bath and Beyond, Inc. BBBY – Options Idea

We’re bearish on BBBY following the company’s post-market earning miss yesterday, which has caused a breach of trend-line support to the low side. We’ll be observing the BBBY Weekly $31.50-30.50 Puts* for possible day trade opportunities.

*We don’t include mentions of weekly options contracts on a Friday without explicitly warning our readers every time. Trading weekly options at the end of the week is a hugely risky proposition that should never be attempted unless you are an expert trader! 


Extended Watchlist:
DTII, IDRA, TROV, AKS, FALC, BDSI, MARA

Blue Horseshoe Stocks: Potential Bottom-Plays & More


Potential Rebound Plays

U.S. Stem Cell, Inc. USRM  -We caught USRM for some nice gain opportunities a couple of weeks back. We had initially begun tracking this play after mentioning it on the morning of February 27th. Subsequent to that, we had witnessed an impressive run from a low of .014  to .0545, for a 289% gain in a span of just two sessions.

That was followed by an expected period of consolidation, but it appears as if USRM has found support at .0175. We’re going to want to return to monitoring this play more closely on the chance that it could be gearing up for another run. If it produced a move even a fraction of what we saw before, it will be worth its slot on our watchscreens.

______

Iconic Brands, Inc. ICNB – Speaking of familiar plays that could be in line for a rebound in upcoming sessions, we want to swing back around to ICNB this week. We had tracked this one to some decent gains after tagging it for observation on January 24th. Following that, the stock would trade in a range from .018 up to .0339, a respectable move of 88%

But like the above-mentioned stock, after its run, it basically underwent a big-time consolidation which lasted nearly a whole month. That brings us up to yesterday, when we noticed ICNB giving off something of a rebound signal. We’ll go back to watching more closely in the next few sessions.


Aralez Pharmaceuticals, Inc. ARLZ – Bottom Watcher

ARLZ has been falling off a cliff this week, and despite the fact that it may yet have further to fall, we’re going to want to begin monitoring it as it attempts to sniff out a solid support level. There could definitely be some opportunities waiting for traders that can properly time the recovery.



Direxion Daily Jr Gld Mnrs Bull 3X ETF  (JNUG) – Reminder

Apart from some quick chances for early gains yesterday, our freshly formulated options idea for JNUG may need some time to mature. That’s why we chose an expiration date a couple of weeks out. We’ll continue to have the JNUG 03/31 $7-8 Calls on our radars moving forward.


Extended Watchlist:
DTII, AVXL, AXAS, OWCP, SPCL, IMMU, CVRS

Blue Horseshoe Stocks: VGZ, NEWC Reviews & More

Vista Gold Corp. VGZ – Recap

We entered VGZ into the mix in Friday morning’s premarket report after it became clear that it would be a troubling session for currencies in the wake of the Brexit vote. It was among a list of gold-related stocks that we wanted to track, and VGZ has set itself apart from the bunch.

From our observed low of 1.35 from Friday, yesterday’s high of 2.09 represented a respectable session-over-session upswing of 55%, so congratulations to anyone who took a piece of the pie during a time when big gainers have been relatively difficult to come by.

With the markets appearing to be gearing up for a rebound today, we’ll want to keep an eye out for a gap-down and consolidation from VGZ. We’ll only remain interested if it maintains support above its recent swing high around 1.50.


New Columbia Resources, Inc. NEWC

We also need to update folks on our NEWC reminder from yesterday’s report. It was a combination momentum/news play and the stock continued to set new highs.

From a low of .0179 it ran 35% intraday to .0241 on reasonably high volume to the tune of three times the monthly average. The company put out another PR today, and will hold our attention as long as it continues to exhibit momentum-play characteristics.

** Please Note: While we were the first to bring NEWC to our readers’ attention, we have noticed an active promotion on the stock, and would like to make it perfectly clear that we are not a part of that campaign, and have not been compensated in any way for mentioning NEWC. **


Fibrocell Science, Inc. FCSC

This is a stock that we haven’t crossed paths with in more than a year, but we noticed the beginnings of a nice rebound off of recent relative lows, and wanted to tag it for observation.

It has a ripe looking chart, and there is still a good sized gap that remains to be filled. We’ll have this play on our radar for that possibility moving forward.


Adaptive Medias, Inc. ADTM

We most recently alerted this one as a bottom play in our watchlist on Tuesday June 14th, and subsequent to that, the stock was trading as low as .0015. Yesterday ADTM broke out off its bottom, catching some nice momentum running as high as .0033, for a move of 120% in just two weeks’ time!


Bank of America Corp. BAC – Fresh Options Idea

BAC is among those stocks that took a Brexit-based pounding in recent sessions, and it appears to want to rebound a bit today. As long as this market reversal doesn’t turn out to be a head-fake, we’re going to want to pay attention to a couple set of contracts in the BAC options chain. Our possible strike points will be the BAC Weekly $12.50 and $13 Calls. If it can surpass the 13.50 mark, we’ll look to roll up our strike price a level or two.


Extended Watchlist:
DTII, OWCP, TWLO, FCX, WTW