We played PPCH like a fiddle this week, after calling attention to it in Tuesday morning’s premarket report. That morning, we observed a low of .0188 and the stock hasn’t looked back since. What followed has been three consecutive sessions of higher highs and higher lows.
Yesterday’s intraday performance alone was quite respectable, with PPCH running from a daily low of .0225 to a new high of .037. That represented a spike of 64% on the day, and a total increase of 97% over our observed low from Tuesday.
We’ll be interested in PPCH as long as it maintains support above the current 50DMA (.019), while the next bank of resistance is sitting at the 200DMA at .042.
Dollar General, Inc. (DG)
We offered our two cents on how to take advantage of Dollar General’s earnings beat yesterday, and that was with the DG Weekly $78-80.50 Calls. With the exception of the 80.50′s, which didn’t trade much volume, every one of the contracts in our target range exploded for exponential gains!
$78 Calls – Trading Range: .55-5.00 – Max Gain: 809% $78.50 Calls – Trading Range: .40-4.70 – Max Gain: 1075% $79 Calls – Trading Range: .60-3.53 – Max Gain: 488% $79.50 Calls – Trading Range: .27-2.10 – Max Gain: 678% $80 Calls – Trading Range: .66-2.79 – Max Gain: 323%
*As we always do, let us warn our readers o the extreme caution which must be exercised by anyone attempting to trade weekly contracts on Friday. It’s a high risk proposition, and not for the faint of heart!
Mexus Gold US MXSG
We also want to take a second and update readers on another of our recent successes. MXSG started appearing on our radars back on February 5th when it was as low as .0016. In a little over a month’s time we’ve witnessed a 1025% gain (a/o yesterday’s .018 high).
Those who may have missed that original alert still could have caught our reminder this week on Wednesday. The stock was trading as low as .011 at the time, and at yesterday’s high mark, we’d seen a two-session swing of 64%
In yesterday’s follow-up report, we highlighted a couple of key points regarding what we wanted to have happen on the chart- namely the holding of support at or above the 50DMA of .004, and a break through established resistance at .006. Both of those goals were met during the session, with MBHC trading in a daily range from .0053-.008.
That included two separate chances to ride intraday waves, first from .0055-.008 (+45%), followed by a dip to the daily low of .0053 and bounceback to .0074 (+40%).
We’ve drawn up the current chart outlook on the following snapshot:
The company is already reporting high levels of user engagement with regard to the global deal they signed with Twitter, announced this past Friday. So much so, that yesterday they released an update that hit the wires just after we published our morning reports.
PISCATAWAY TOWNS, NJ / ACCESSWIRE / JULY 21, 2015 / Mobile Broadcasting Corp., a subsidiary of Mobile Broadcasting Holding Corp. (OTC PINK: MBHC) following the announcement of MBHC and WHIRLD’S new status as THE real-time home for EDM music festivals and DJ content, their new marketing movement has already reached over 100 MM engaged users on Twitter. >> VIEW FULL PR
Two of the winners off of yesterday’s potential bottom-play watchlist seem to have been aided by PR’s, and the fortuitous timing of our alerts on all three spelled the chance at some nice profits for our subscribers.
Windstream Technologies, Inc. WSTI – After releasing aLetter To Shareholders addressing recent price action and other perceived issues, the stock saw a nice rebound. It traded mostly sideways for the majority of the session, seeing a low of .0085, before ripping into the close, hitting a high of .015.
That worked out to an intraday move of 76% and it occurred on more than triple the 3-month average volume. With such a significant reactionary run, we’re going to stay aware of the possibility of that momentum leading to a profit-taking-pullback and subsequent bounce.
Cafe Serendipity Holdings, Inc. CAFS - Some Recreational Marijuana News helped bolster CAFS’s position on the chart as the stock ran from .006-.0085, a 42% pop. It did so on volume that, while exceeding the monthly average, was relatively light in and of itself. A more pronounced surge in buying pressure could create some interest results, so we’ll keep an eye peeled for that possibility.
Stragenics, Inc. ASAB – There was no PR to aid our bottom-call of ASAB, it was simply a well-timed mention. The stock traded from a low of .002 and ran as high as .0027 inside of the first couple hours of trading. That was good for a solid 35% intraday jump.
We began taking a look at MBHC yesterday, mostly focusing upon the strong additions to management, and the extreme promise pertaining to the company’s news of a global deal signed with Twitter. We did however, publish a video highlighting some of the key points on the chart, and that’s what we’re going to focus on to start things off today.
The stock would make a handful of intraday moves on almost twice the monthly average volume. Early on we saw a run from .0042-.0057 (+36%), followed by two separate subsequent swings from .0041-.0053 (+29%).
Most importantly the stock recorded a higher low, holding support above 50DMA of .004 as we’d hoped for, and we want to continue to see it maintained above that level. Moving forward, we’ll be looking out for a breach of the resistance that cropped up at .006 .
Stocks on Bottom-Watch
The following four plays have been getting beat up pretty bad of late, and whenever we notice stocks in this position, we like to relegate them to a potential bottom-play watchlist. Some of the biggest rapid moves we witness come from course-correction related bounces, so we’ll have these stocks on our recovery watchlist moving forward:
BTDG is a momentum-play that we’re going to be monitoring as we head into mid-week, and we’ve gone ahead and pointed out the reasoning behind this on the following chart snapshot. Yesterday brought a break of a key resistance point and with a number of other bullish indicators are leading us to give BTDG part of our attention.
We’re going to start off this new trading week with a new item of interest in MBHC, a stock with an interesting backstory that began to build some nice momentum on the chart toward the end of last week.
The main focus of the company at the moment is the impending launch of its new mobile streaming app, known as Whirld. It is intended to be the first truly real-time, interactive, mobile video broadcasting utility, and has been approved for sale in the Apple APP Store (iOS) and the Google Play Market (Android).
The launch was originally slated for late this spring, but was temporarily delayed for extra time in beta testing, and to upgrade to a global communications platform that will allow for more expedient updates and enhancements once the app is in operation. Per the release which revealed that announcement, we are now less than a month away from seeing all of the necessary changes implemented and having the app hit stores.
To facilitate all of the progressive changes at the company and give the Whirld app its best chance for success, MBHC brought in two industry heavyweights with the collective knowledge to get it off the ground; Jeff Marcus, and Alan Rambam.
Jeff Marcus has had his hand in billions of dollars worth of IT startups over the years, building himself an extremely impressive resume`. From his early days as a software engineer for IBM and formulating network solutions for UPS and KPMG, he began accruing the knowledge required for an ambitious endeavor such as the Whirld app. His career led him to high-level networking positions at companies like 24/7 Real Media (sold for $650M) and DoubleClick (Google buyout totaling $3.1B). He’s had a front-row seat for the development of the mobile age, and brings all of that experience and know-how to MBHC.
Alan Rambam is a social media, advertising, and analytics expert who previous job experience file is also jam-packed. He was one of the youngest staff members in the Clinton Administration, and would go on to found Shine, Inc. were he would develop well-known social campaigns and charities such as the MTV Fight for Your Rights Campaign, and the Muhammad Ali Scholarship Fund.
On Friday, MBHC enjoyed a surge in momentum in the wake of an exciting press release that really ramps up Whirld’s extreme potential as an app. In an global deal signed with none other than Twitter, MBHC has secured itself as the the home for Electronic Dance Music (EDM), a rapidly growing genre,to provide the most shared, real-time EDM concert footage on Earth. It includes unfettered access to air in real-time every piece of content placed on Twitter from some of the worlds biggest EDM Festivals (including Tomorrowland, Electric Daisy Festival, Ultra, and Electric Zoo). This is a significant proposition, with EDM Festivals raking in roughly $4.5B annually; no other genre of festival music in the world can make such a claim. EDM has a huge following in the younger generation, which is a key demographic being targeted by MBHC for the Whirld app. >>> VIEW PR
As we said, the MBHC chart has also recently awakened, with a good bit of momentum building up at the end of last week. We’ve prepared a corresponding video presentation for your viewing convenience:
Those of our followers who participate in our daily live traders chats were given advanced notice on our call of MBHC as you can see by the following screen snap taken right at the market open. Those participants had a chance at up to 172% in intraday gains as the stock ran from .0039-.0106. It was a great example of why we freely invite all of our subscribers to take part in these daily Skype-facilitated chats. Just send a contact request to username ‘stocksumo’ to join in!
Options Recap – Friday’s Huge Winner
We can’t go without mentioning the top-notch options ideas we offered our readers in Friday’s premarket report. In the midst of taking credit for the previous session’s ideas we had on NFLX (One of which ran more than 3800% in a single session!) we presented GOOG as a good options-trading candidate and recorded a target range. Specifically, we called attention to GOOG Weekly $640-655 Calls. As everyone should be aware, GOOG had a landmark session after the earnings beat;
impressively gaining more than 16% as it traded in a range from 645.00 – 674.47.
As a result, and for the second consecutive day, our options ideas went haywire and yielded up the chance at some excellent profits. Here’s a breakdown of the moves that were made by those hot-ticket contracts:
$640 Calls - Daily Range: 8.80-29.00 – Max Gain: 230% $642.50 Calls - Daily Range: 9.40-27.40 – Max Gain: 191% $645 Calls - Daily Range: 6.20-24.90 – Max Gain: 302% $650 Calls - Daily Range: 3.90-23.56 – Max Gain: 302% $655 Calls - Daily Range: 2.33-18.50 – Max Gain: 694%
For your convenience, we also prepared a video highlighting the great moves we saw as well, so check it out below, and have a great start to the week!
TBIO was included in yesterday’s morning report, and the stock recorded a notable session with the help of a favorable press release. The stock started out from an early low of 1.58, and ran 29% to 2.04, dipped back to 1.77 before going on to hit its high of day at 2.11, an added 19% swing. Volume was immense, to the tune of more than nine times the 3-month average.
The news release from yesterday was pertaining to the company’s claim that they’ve developed the most comprehensive test to date for the diagnosis of Leukodystrophy, a disorder that has been notoriously difficult to diagnose; in many cases taking years. >>VIEW PR
There are a number of attractive features of the TBIO chart even after the considerable run it has enjoyed over the past few days- The strengthening RSI just broke the 50-line, and the MACD is gearing up for a bullish cross.
We’ll look for TBIO to continue registering higher lows, preferably above the 50DMA of 1.76, and for it to test resistance in the channel between yesterday’s high of 2.11 and the 200DMA of 2.15. TBIO certainly has a history of making breakout-type moves; twice this year the stock has traded for more than 3.50.
We’ve identified a couple of fresh options ideas to pass along to our readers this morning. For each of the following movers, we’ll be on the lookout for the occurrence of a dip-and-rip scenario Both stocks are gapping up here in the premarket.
FitBit, Inc. FIT
For FIT, we are going to monitor Weekly Calls (Friday Expiration) in the $45.50-48 range. We want to pay close attention to them the next couple of sessions as FIT has been establishing higher highs and higher lows on the chart. We’re watching for a dip from profit-taking, and subsequent rebound. If and when that happens, we should see some nice action in the range we highlighted.
Netflix, Inc. NFLX
As for NFLX, which has brought us serious options trading success in the past, we’re going to look for chances in Weekly Calls priced from $100-105. The stock just underwent a forward split, and there is some precedent for price increases following such an event (e.g. AAPL).