Tag: IAG

Blue Horseshoe Stocks: Bottom-Play Watchlist & More

Mobile Broadcasting Holding, Inc. MBHC

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:

Stragenics, Inc. ASAB

Blue Water Global Group, Inc. BLUU

Windstream Technologies, Inc. WSTI – Letter To Shareholders

Cafe Serendipity Holdings, Inc. CAFS – Recreational Marijuana News Out

B2Digital, Inc. BTDG

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.

Extended Watchlist:
ABX, FRO, AUY, IAG, GPRO,

Blue Horseshoe Stocks: Fresh News Plays & More

NuGene International, Inc. NUGN

We’ve been tracking NUGN for a few weeks now, with our most recent focus coming on the 15th of this month. The stock has been making a good bit of progress on the chart since rebounding off of support at 2.64 a few days later on the 18th, and we want to draw extra attention to it this morning as a new PR has hit the wires.

From that recent swing low, NUGN has regained ground back to Friday’s high of 3.48, which marks a 32% rebound in a span of seven trading days. We’ll want to keep an eye out for a continued uptrend from this point forward.

This morning’s interesting news involves NuGene’s Kathy Ireland® product line, which has been selected by a high-volume cosmeceutical  e-commerce store, LovelySkin.com, as a premier line of business for its online outlet which serves hundreds of thousands of customers. >> READ PR

Kraig BioCraft Laboratories, Inc. KBLB

We want to tag KBLB as we kick off this short trading week for a couple of reasons. The first of which is the positioning of the current KBLB chart, which as you can see from the following snapshot, is searching out a bottom as it has come down off off the second major swing in as many months. Twice this spring, the stock surged from the .035-area to a nickel or more.

We’ll be looking to get in on some of the rebound action should history attempt to repeat itself, and this morning’s PR could be a good start along that path.

KBLB has developed what it is calling its strongest recombinant spider silk substance to date. In fact, the wonder-material they are dubbing Dragon SilkTM is actually stronger than natural spider silk! We’ll be interested to follow this storyline along with the good chance of seeing some significant short-term gain opportunities. >>READ PR

American Green, Inc. ERBB

We tracked ERBB quite a bit back when it traded as Tranzbyte Corp., and now that it goes by the American Green moniker, we’re seeing the materialization of what could be an upcoming move on the chart. It would come in the form of a bottom-bounce play; as you can plainly see, the stock has been on a rather steady decline for the past few months.

In addition to being heavily oversold, the company has some fresh press out today:

TEMPE, AZ–(Marketwired – Jun 29, 2015) – American Green, Inc. (OTC PINK: ERBB) is very pleased to announce today that it has executed an acquisition agreement with TrackX, LLC (www.TrackX.com). TrackX, a Denver-based company, is one of the country’s leading providers of complete Radio Frequency Identification (RFID) tracking and cloud-based physical asset management systems. >> FULL PR

Extended Watchlist:
IAG, CBLI, SYMX, WYY, SYN

Blue Horseshoe Stocks: SITO News & More

SITO Mobile Ltd.  SITO

Popping up on our scanner this morning is SITO, which, per a premarket PR (excerpt below) released this morning, has entered into an asset purchase agreement with Hipcricket (HIPP).

Upon approval, this deal will create in SITO, one of the largest mobile ad/marketing firms in the industry. This also comes in the wake of what has apparently been a good year for the company. According to SITO’s CEO, 2014 was “a transformative year… which included 27% year-over-year revenue growth”.

These are all reasons why the fact that we’re catching SITO coming off of its 52-low could carry some potentially exciting opportunities on the chart. We’ll have our eyes peeled for further updates on the progress of the deal as we tag SITO for monitoring in the days and weeks ahead.

JERSEY CITY, N.J., Jan. 21, 2015 (GLOBE NEWSWIRE) — SITO Mobile Ltd. (SITO), a leading mobile engagement platform provider, announced today that it has entered into an asset purchase agreement (“Agreement”) with Hipcricket Inc. (HIPP), the leader in mobile engagement and analytics, for $4.5 million in cash, to acquire substantially all of its assets. Hipcricket reported revenues of $26.7 million for the fiscal year ended February 28, 2014 and currently holds 21 U.S. patents covering technology inventions. >> FULL PR

Medican Enterprises, Inc. MDCN

Speaking of plays coming up off of their annual lows, MDCN represented a feat of perfect timing for us yesterday. We noted that the stock had reached its lowest point of the past year on Thursday, and the rebound offered up the chance at a 57% intraday move to kick off yesterday’s trading session.

Beginning from an early low of .023, the stock surged as high as .036 around 11am, with the bulk of the day’s volume (which exceeded the monthly average by threefold) having traded in that time frame.

Congrats go out to any of our readers who were able to reap a profit off of that excellently-timed call of MDCN!

We’re interested to follow the main MDCN storyline, being the recently announced purchase of a 7200sq.ft. commercial facility and dispensary in Phoenix, AZ. We’ll be certain to relay any developments as they come down the pipe.


Netflix, Inc. NFLX – Options Ideas

NFLX continues to surge on yesterday’s after-hours earnings beat in this morning’s premarket activity, and it sets us up nicely for a possible play on some options calls.

What we’d expect to see is some early profit-taking, causing a classic dip-and-rip, and thereafter we’ll be looking to take advantage. Provided the stock holds support above today’s premarket low of 394.80 we’ll be paying close attention to the  $395-410 Calls for possible intraday/intraweek flip opportunities.

Side Note: GPRO is also bouncing off a recent bottom, and has our attention as a solid recovery play, therefore we will want to radar call options there as well.

Extended Watchlist:
SCOK, ANV, CYTR, AUY, IAG, AMLH