Blue Horsesehoe Stocks: DLTR, MMEX Recaps & More

Dollar Tree, Inc. DLTR – Options Update

We’ve got updates on our DLTR options idea for send morning in a row today. Just to recap for those who may have missed it, we formulated an idea for last Wednesday‘s premarket report, the  DLTR 04/21 $78-80 Calls.

With a very nice multi-day bullish run for DLTR in effect and continuing yesterday brought the stock to new highs once again, which means updates to our observed ranges on these contracts that we began tracking last week.

$78 Calls – Range: .51-2.22 – Max Gain: 335%
$78.50 Calls – Range: .63-2.05 – Max Gain: 225%
$79 Calls – Range:  .48-1.95 – Max Gain: 198%
$79.50 Calls – Range: .35-1.69- Max Gain: 383%
$80 Calls – Range: .30-1.40 – Max Gain: 367%

DLTR has now traded up from the $74 area, to nearly $80 over that spanm and in the event it breaks that $80 barrier, we would have to look at rolling up our strike prices to stay in the thick of things.


MMEX Resources Corp. MMEX

We saw a fantastic intraday run out of MMEX yesterday after once again tagging it in our premarket report. It included a continual climb throughout the session as the stock traded up from a low of .0081 first thing in the morning, to a high of .0169 just prior to the closing bell. That works out to a daily pop of 108%

Considering we alerted MMEX in last Friday morning’s report, and observed a low of .0046 at the time, we’ve now seen an overall increase of 267% from this play in just five trading days,


Athersys, Inc. ATHX

We want to swing back around for a quick mention of ATHX, which was a stock we put on our radars back in February. We would observe a low of 1.10 last month, but for the most part, ATHX just did a lot of sideways trading for the next few weeks.

All that finally began to change this week, with a run to a new high of 2.01 yesterday, marking a 83% rise off of our observed low. We may need to watch for a pullback before jumping back in for another run as the stock is now is extremely overbought territory.


Added Notes:

We want to pay attention to a couple of stocks we’ve come across in the $3-range, that  based on a number of factors, appear to be ripening for rebounds that could very well take each one to the $5 level or higher.

Leju Holdings, Ltd. LEJU – This stock has been trying to get up off of its recent relative lows, and this morning appears to be gapping nominally. We’ll be watching for a more sustained rebound.



Cyclacel Pharmaceuticals, Inc. CYCC
– We’ve identified a strong double-bottom signal from CYCC as well, along with the clear potential for volatility. This one’s going to go on our running watchlist as well.


Extended Watchlist:
USRM, SFOR, ICNB, JAGX, BBRY, GALT

Blue Horseshoe Stocks: USRM, TSLA Updates & More

U.S. Stem Cell, Inc. USRM

On Wednesday morning, we followed up with USRM after tracking it over a 289% rip subsequent to our alert on the play on February 27th. The stock had come down quite a bit off of those highs, and started to take on the appearance of a possible bottom-play. We mentioned the need to “return to monitoring this play more closely on the chance that it could be gearing up for another run.

It did find its bottom and it most certainly was gearing up for another run, which took up the entirety of yesterday’s session. The stock traded in a range from .0181 to .03, for a solid intraday rip of 66%, nearly all of which was held into a strong close .0289.

That type of blatantly bullish activity warrants continued close observation of USRM as we close out the week.


Tesla, Inc. TSLA – Options Update

Just yesterday, we identified TSLA as being ripe for a recovery, citing the TSLA 04/07 $270-277.50 Calls as our targets of interest. It was another solid options trading idea for us, with every single set of contracts in the range providing opportunities for solid single-session gains.

$270 Calls – Range: 3.37-6.65 – Max Gain: 97%
$272.50 Calls – Range: 2.77-5.35 – Max Gain: 93%
$275 Calls – Range: 2.52-4.70 – Max Gain: 87%
$277.50 Calls – Range: 1.93-3.85 – Max Gain: 99%

We also could see more bullish activity out of these plays, which we chose to hopefully take advantage of a more extended-term recovery for TSLA.

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Fresh Options Ideas:

We’re  looking to ABDE on the heels of an earnings neat, and will be after some potential quick-strike gains out of the ADBE Weekly $125 and $130 Calls*.

After trending down a bit over the past week, SNAP has received an analyst downgrade, so we’ll want to radar the SNAP Weekly $20 Puts* today for potential intraday swing trades.

*DO NOT trade weekly options on a Friday unless you’re a highly experienced trader!


Extended Watchlist:
POTN, SFOR, ICNB, AREX, ZFGN, BPMX,

Blue Horseshoe Stocks: Potential Bottom-Plays & More


Potential Rebound Plays

U.S. Stem Cell, Inc. USRM  -We caught USRM for some nice gain opportunities a couple of weeks back. We had initially begun tracking this play after mentioning it on the morning of February 27th. Subsequent to that, we had witnessed an impressive run from a low of .014  to .0545, for a 289% gain in a span of just two sessions.

That was followed by an expected period of consolidation, but it appears as if USRM has found support at .0175. We’re going to want to return to monitoring this play more closely on the chance that it could be gearing up for another run. If it produced a move even a fraction of what we saw before, it will be worth its slot on our watchscreens.

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Iconic Brands, Inc. ICNB – Speaking of familiar plays that could be in line for a rebound in upcoming sessions, we want to swing back around to ICNB this week. We had tracked this one to some decent gains after tagging it for observation on January 24th. Following that, the stock would trade in a range from .018 up to .0339, a respectable move of 88%

But like the above-mentioned stock, after its run, it basically underwent a big-time consolidation which lasted nearly a whole month. That brings us up to yesterday, when we noticed ICNB giving off something of a rebound signal. We’ll go back to watching more closely in the next few sessions.


Aralez Pharmaceuticals, Inc. ARLZ – Bottom Watcher

ARLZ has been falling off a cliff this week, and despite the fact that it may yet have further to fall, we’re going to want to begin monitoring it as it attempts to sniff out a solid support level. There could definitely be some opportunities waiting for traders that can properly time the recovery.



Direxion Daily Jr Gld Mnrs Bull 3X ETF  (JNUG) – Reminder

Apart from some quick chances for early gains yesterday, our freshly formulated options idea for JNUG may need some time to mature. That’s why we chose an expiration date a couple of weeks out. We’ll continue to have the JNUG 03/31 $7-8 Calls on our radars moving forward.


Extended Watchlist:
DTII, AVXL, AXAS, OWCP, SPCL, IMMU, CVRS

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Blue Horseshoe Stocks: Options, Bottom Bouncer & More

Galectin Therapeutics, Inc. GALT

This morning we’re taking a look back at GALT, which we highlighted as a ripening play that we felt was worthy of observation last month.

Our suspicion that the chart had growth in store turned out to be correct. Since we put this play on our radar it has gone on to trade in a solid range from .935 to 1.29, which works out to an increase of 38%

We feel these gains are sustainable if GALT can manage to crack past the current 200DMA at 1.32. As you can see on the included snapshot, the chart continues to bear the look of potential for even further increases, so we’ll stay on the lookout for that.


Whole Foods Market, Inc. WFM

WFM is showing some nice volatility and positive price action despite a fairly uninteresting earnings release this week.

We like to follow the activity regardless, and today it’s leading us to focus on some WFM options. Rather than selecting weekly options that will expire this afternoon, we’ll go out to contracts that expire next Friday; the WFM 02/17 $30 & $30.50 Calls.


NantKwest, Inc. NK – Bottom-Bouncer

The NK chart gave off a pretty good bottom-bounce signal yesterday and the day before, so we’ll be interested in tracking the action in this play over the next several sessions on the chance that it can string together a multi-session uptrend.

From the chart below, it’s easy to see why we feel NK could be ripe for the picking. The RSI is increasing, while the MACD is a hair’s breath away from a bullish cross that generally indicates some significant move to the upside is in the stock’s near future. We’ll have our eyes peeled for that.


Extended Watchlist:
MYHI, ICNB, INCC, SPDL, UAMM, ICPT

Blue Horseshoe Stocks: MYHI Recap & Other Updates

Mountain High Acquisitions Corp. MYHI

Our first order of business this morning is to review the recent activity in MYHI, another cannabis stock amid the huge selection we’re constantly tracking. We’ve been all over this play in the month of January, beginning with the first report of the calendar year, and appearing routinely since then, all while maintaining a general uptrend.

Our witnessed low came in the session immediately following that first premarket report of 2017 back on January 3rd, at .09. Over the course of this month, MYHI has streaked skyward with some very impressive multi-day surges, the latest of which led to a new high yesterday.

We also included MYHI in yesterday’s premarket report, so for those readers who haven’t been with us long enough to have witnessed the full story on this play, single-session gains of a significant magnitude were also available. MYHI ran from a low of .5616 to its new high of .90 on heavy volume, an intraday push of 63%

The high mark represented an overall upswing of 900% from our observed low on the 3rd, exactly three weeks ago, so huge cheers are in order for anyone who has been along for this fantastic ride!


Other Pot Stock Updates

Speaking of the marijuana space, which has definitely been a prime area of focus for us in recent months especially, we had a couple of our other running cannabis interests that were included in yesterday’s premarket report end up performing well on the day.

We had Rocky Mountain High Brands, Inc. RMHB trade up from .13 to .16 for a modest 23% intraday push, reaching overall gains of 74% from the .092 low we observed after including the stock in Friday’s report.

There was also Hemp, Inc. HEMP, which was another one we put in the first report of the year and have been tracking ever since. It spiked 16% intraday yesterday from .0467 to .054, and from our witnessed low of .03, a total rise of 80%


Cellectar Biosciences, Inc. CLRB

CLRB is hitting our scanner in the premarket today, gapping up to the tune of 15% and showing all the symptoms of a solid bottom-bouncer.

There is a gap on the chart between approximately 1.80 and 2.20. We would like to see the stock maintain support above the 50DMA(1.50) and potentially make a run to fill that gap.


VanEck Vectors Gold Miners ETF (GDX) – Options Reminder

Just a quick reminder on our options ideas from yesterday’s report; the GDX 02/10 $24-25.50 Calls which we put on extended watch, made some decent progress on the first day, producing gains ranging between 20-40%

We’ll continue to track these ideas for the possibility of further increases for as long as gold itself can maintain its overall uptrend. In this case, that would likely mean holding support above the $1200/oz mark.


Extended Watchlist
PURA, MYDX, UAMM, PKTX, ISBG, ICNB, MIHI(News)

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