Blue Horseshoe Stocks: Recaps of PPCH, EGYH & More

Energy Holdings International, Inc. EGYH

EGYH presented us with a tremendous swing-trade opportunity after we began tracking the stock last week. It started off as a subpenny play, and following a low of .0081 a week ago today, it barreled its way past the one cent mark and well into pennyland.

The excellent five-session swing from .0081 to yesterday’s new high of .03 represents a move of 270% so congratulations to anyone who took advantage of even a portion of of those gains. We’ll continue to track the progress of EGYH provided it can maintain support above previous resistance at around .02.


Propanc Health Group Corp. PPCH

PPCH has appeared in our reports many times in the past, and most recently, we re-alerted and began tracking the stock at the end of last week. After an appearance in Friday’s extended watchlist the stock made its way down to a low of .0276 just prior to the close, and it hasn’t looked back since.

PPCH followed that swing-low with two consecutive bullish sessions, culminating in yesterday’s high of .0459 just before the end of the trading day. That registers as a 66% swing in slightly over two sessions, and it also logged considerably higher-than-average volume over that span as well.

We’ll look for PPCH to continue stringing together sessions of higher highs and higher lows, helped along by this recent surge in upward momentum.


Petroleo Brasiliero SA (Petrobras) PBR – Options

Speaking of old favorites, we’re revisiting another stock that has appeared numerous times (83 times including this morning, to be precise!) in our reports, and for good reason. Quite awhile back, we caught it coming off what was then its ten-year lows, and leveraged the recovery into thousands upon thousands in percentage gains via the options chain. If you’re a newer subscriber, feel free to go through our PBR archives to see just what we’re talking about.

We want to come back to PBR after all this time, because it has recently set a new 12-year low just prior to the beginnings of a rebound. The chart is ripening, as we’ve pointed out below, so we feel that now would be a good time to track some options calls.

To take advantage of a continued uptrend, we’re going to zero in on PBR Weekly $5.00 and $5.50 Calls for the moment. In the event that PBR manages to break past 5.75, we’d likely be looking at rolling our strike price up to the $6’s.


Extended Watchlist:
MNZO, ECRY, WSTI, RIG, AA