We tagged USRM in our report on Monday for the first time in quite awhile, and reported back to our readers yesterday morning on the excellent 72% push it made from .014-.0241. We also mentioned the strength of its close and increased volume, noting that we’d want to continue keeping a close eye on the stock.
Yesterday’s session provided a prime example of why we doubled down on USRM for the second day in a row, with the stock streaking to an impressive new high. It traded up from it low of .0245 and smashed through the nickel barrier, reaching .0545 for a hefty intraday gain of 122%
From our observed low on Monday, the move represented an overall two-day upswing of 289%
QuantumSphere, Inc. QSIM
We noticed some heightened activity in QSIM in yesterday morning’s premarket scan, and included the stock in our extended watchlist for the day. It was a good thing that we did, because the stock put up an awesome performance, continuously ramping its way up the chart for essentially the entire session.
From its early low of .0043, QSIM was shot out of a cannon and reached a high of .011 just prior to the closing bell, for an intraday increase of 156% which came on heavy volume, on the order of seven times the 30-day average.
With such a bullish session, we’re certainly going to want to keep QSIM on tap for further potential moves, be it an immediate continuation of this bullish trend, or a dip-and-rip scenario.
Vapor Group, Inc. VPOR
Rounding off yesterday’s top movers was VPOR. Like the previously-mentioned play, we caught this one on our routine morning scan and took note of an increase in volume and price action in the prior session.
The momentum carried over nicely, with VPOR trading up from a low of .00355 and reaching .0053, for an intraday pop of 49% It marked the third straight day of higher highs and higher lows for the stock, so it too will remain on our watchlist moving forward.
Lowes Companies, Inc. LOW – Options Idea
Lowes joined the earnings bonanza this morning with an impressive set of figures in their Q4 report. We are going to be tracking a range of short-term options to possibly take advantage of the commotion.
Our targets are going to be the LOW Weekly $79-81 Calls.
CCTL, RSII, MYHI, HMCP, OTTV, THCT