Blue Horseshoe Stocks: VNR Recap & More


Vanguard Natural Resources, LLC. VNR

We began watching VNR as it hit its annual lows back in the fall, initially tagging it in our report from October 6th. We’ve seen some pretty impressive swings since then, and have routinely included the stock in several of our reports.

Most recently was the first trading day of 2017, and we’ve since witnessed another bullish push out of VNR as it has traded in a range from .70-1.11 (+58%) over the past couple of weeks. From our overall observed low of .46 in VNR just after our first alert in October, this week’s new high represents a 141% increase.

Next we’ll be looking for the stock to make a run at a key resistance point sitting at the 200DMA of 1.17



Alkame Holdings, Inc. ALKM

We’ve been tracking ALKM since Wednesday’s premarket report, and over these couple of sessions, we have seen a decent trading range on the stock.

From Wednesday’s early low of .0014, ALKM has touched a high of .002, which works out to a swing of 43% to the upside. We’ll leave the stock on our radar, and be on the lookout for the recording of higher highs and higher lows.

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Avinger, Inc. AVGR – Reminder

We noticed AVGR getting ready for a heavy gap-up after bouncing off of its bottom yesterday. Although it only rose a modest 17% upon the open from 2.90-3.40, we’re going to still want to track its movements heading into next week, as it may yet continue to pile up more gains.

Several indicators on the chart are still looking ripe for that possibility despite all the lost ground it recovered  with yesterday’s gap-up.


Microsoft Corp. MSFT –  Options Idea

We wanted to signal a range of options ideas we feel have potential after Microsoft beat the Street’s estimates in yesterday’s post-market earnings report.

We’re going to be tracking the MSFT Weekly $64.50-66 Calls, starting at the lower strike price, and rolling up if the stock looks like it’s going to continue to break out and push the strike price into the money. The premarket high on MSFT is 65.68, so in order to consider rolling up to $66’s, we would want to see a break past that mark.


Extended Watchlist:
EEGI, TRCH, OPGN, AUPH, DELT

Blue Horseshoe Stocks: Options Recap & More

Seagate Technologies plc. STX – Options Recap

Although it would end up reversing and heading lower as the day progressed, STX did ride the bullish wave off of its healthy earnings beat for a solid upswing inside the first hour of trading yesterday.

That did facilitate a window of opportunity on the options contracts we were tracking, the STX Weekly $41-43.50 Calls. Traders who were quick on the draw yesterday morning could have taken away a piece of the following moves:

$41 Calls – Range: 1.78-5.28 – Max Gain: 196%
$41.50 Calls – Range: 2.00-4.48 – Max Gain: 124%
$42 Calls – Range: 1.99-4.50 – Max Gain: 126%
$42.50 Calls – Range: 2.11-3.45 – Max Gain: 63%
$43 Calls – Range:  .86-3.00 – Max Gain: 249%
$43.50 Calls – Range: .78-2.77 – Max Gain: 255%

We did signal our hunch that there would be a reversal in-session and a corresponding idea for the Weekly $46 Puts in our live traders chat, and those ended up doing quite well also, subsequently running from .60-3.29 (+448%) as STX continued to consolidate into the close.

It’s another example of why we urge any of our readers that want to get in on our daily traders chats to get a Skype contact request over to username ‘stocksumo’. That’s all it takes, and you can stay up to the minute on changing ideas throughout the day, and submit some of your own!


Avinger, Inc. AVGR

The current situation with the AVGR chart has caught our eye this midweek as the stock reversed course this week after a steep and rapid decline. We’re seeing increased activity in the premarket and AVGR has pushed its way up regaining much of the ground it has recently lost.

Currently trading around the 3.00 mark, a return to its recent swing high from roughly a month ago would mean gains of up to 50% so we’ll be monitoring AVGR over coming sessions for a possible continuation of the recovery that is presently in effect.


Extended Watchlist:
ALKM, PNTV, RJDG, LEXG, EXAD, EEGI, GNBT,

Blue Horseshoe Stocks: MINE Recap, M Options & More

Minerco, Inc. MINE

MINE was one of a pair of plays we tagged for observation in yesterday morning’s premarket report that offered up the chance at some nice single-session gains.

The stock traded in a range from its early morning low of .008 and essentially spent the entirety of the session trending up. It led to a high of .012 shortly before the closing above its 50DMA, and it marked a solid intraday pop of 50% The move came on nearly 8 times the monthly average volume as well, so we’ll be on the lookout for further activity from MINE.

A key area of resistance will be the stock’s previous swing high of .014 from late June.


Eline Entertainment Group, Inc. EEGI

The other mover from yesterday’s watchlist was EEGI. This subpenny has a track record of volatility, and it played to our favor quite nicely with a respectable intraday run.

From a low of .0011 it reached as high as .0015, a 36% move on slightly greater-than-average volume. The stock tends to bounce around freely within the .0005-.002 range, so we may look to catch this one on a future dip-and-rip, which the chart history seems to suggest is a strong possibility.


Macy’s Inc. M – Options

Macy’s is fresh off of a big beat on earnings and is gapping up big in the premarket. As always when we run across this type of situation, we want to signal a range of options calls to correspond with the forthcoming activity. The sheer number of times we’ve reaped rewards from earnings-fueled options trades is getting too high to count. We’ve actually done so with Macy’s itself on multiple occasions.

The target range we’re going to zero in on is the M Weekly $36.50-39.50 Calls, for potential daytrades and possibly even swing trades into tomorrow’s session, depending on this afternoon’s activity.


Extended Watchlist:
KEGX, WDDD, IMI, WAC, SPWR, GSV, NYMX(Potential Bottom-Bouncer)