Tag: HOS

Blue Horseshoe Stocks: MYO, HOS Reviews & More

Myomo, Inc. MYO

In terms of intraday gainers, MYO stole the show on Friday after appearing in our premarket report. Considering the fact that it was a ten dollar stock to begin with, the single-session rip we got from this play was fantastic.

From a low of 10.10 in the morning, MYO cruised its way to a high of 18.20 on over three times the monthly average volume. That worked out to an 80% move, and the stock closed with strength.

We’re going to be looking to MYO again as we kick off a new trading week today, as the stock has already bested Friday’s highs in premarket trading this morning. There may be a dip-and-rip formation, or a straight continuation of momentum, but either way we’ll want to see higher highs and higher lows established in order to confirm MYO as a multi-day runner and remain interested.

Hornbeck Offshore Services, Inc. HOS

Coming in as an honorable mention, also from Friday’s report, was HOS. The stock traded up from 2.26 and ran as high as 2.93. That logs as a intraday rise of 30%, and it traded six times its 30-day average volume.

Like the above-mentioned play, HOS had a pretty solid close, and is showing signs of potentially sustaining the trend it established leading into the end of last week.

Smart & Final Stores, Inc. SFS

Many grocery stocks took a hit at the end of last week amid the huge Amazon-Whole Foods deal, and there could definitely be rebound opportunities forthcoming as a result.

One such stock that caught our eye is SFS, which was hammered down to new 52-week lows on Friday. Purely from a technical standpoint we’d be interested in this for potential bottom plays in the stock and the options chain as well. We’ll signal the SFS 08/18 $10 Calls for observation over an extended term.

Extended Watchlist:
RIGL, RWLK, WKHS, BVXV, BSTG, MSDI, ORIG

Blue Horseshoe Stocks: EKSO New Highs & More

Ekso Bionics Holdings, Inc. EKSO

What started as a nominal gainer that came off of our extended watchlist on Wednesday, EKSO rolled its 37% performance over into yesterday’s session, carrying on the multiday action. After a  strong close at 1.81 on Thursday, we said we’d be interested in continuing to track EKSO as we head into week’s end, and it was a great idea.

The stock continued its ascent to a new high  and reached 2.18. From Wednesday’s low of 1.40, it works out to a respectable two day swing of 56% Just as we mentioned yesterday, the stock closed strong again, and we’ll want to keep monitoring for higher highs and higher lows .

Valeant Pharmaceuticals, Inc. VRX – Options Idea

Valeant has been working its way down to an area of relative support recently, consolidating after a nice run off of its 52-week lows from April to May. This morning in the premarket, we’ve taken notice of the fact that VRX is gapping up considerably in the premarket.

We want to be waiting in the wings with an options idea to take advantage of the action following what could very well be an early dip-and-rip formation. We’ve called VRX and a ton of other such stocks in these positions, and done very well in the past.

We’ll be looking to the VRX Weekly $12 and 12.50 Calls* for possible swing trades today.

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

Ampio Pharmaceuticals, Inc. AMPE

We want to point out a possible momentum play in AMPE. We’ve talked about this stock in the past, and as you can see from the included chart snapshot, it has been mounting a decent rebound effort off of a double bottom over the past few sessions.

We’re going to place AMPE on watch into next week, as a similar move to the one exhibited by the stock earlier this spring would mean considerable gains from this point.

Extended Watchlist:
HOS, MYO, CLSN, TAUG, GAHC, BTSC