Blue Horseshoe Stocks: Fresh Bottom-Bouncers & More

Potential Bottom-Bouncers

We’re noticing a couple different possible bottom-plays that we want to start the week off by highlighting this morning:

Rite-Aid Corp. RAD – This stock has been repeat target for us at various times in the past, and we want to circle back around to it today as we’re noticing the recent activity. The stock plunged to new lows on Friday, yet regained almost all of that ground before closing nearly flat.

From the current place on the chart, and given the present indicators suggesting that a rebound could soon be forthcoming, we’re going to want to radar RAD on both the stock side of things, as well as signaling an idea in the options chain. In that case, we’re going to be interested in the RAD 02/25 $6-7 Calls, which gives us plenty of time for the stock to realize the recovery that we’re after.

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Cymabay Therapeutics, Inc. CBAY -  CBAY is another play we’ve caught this morning as began showing signs of life after having hit its lowest PPS levels in over two months on Friday, as well as gapping up moderately in the premarket today (High: 2.15)

We’ll be looking for the stock to maintain support in the channel between the 50DMA (1.89) and 200DMA’s (1.96) on any pullbacks as things get going today. As you can see on the chart snapshot below, various indicators leading into today’s session appear favorable for CBAY.


Chatroom Call

One of the regular participants in our daily traders chats via Skype hit it big with an excellent call that was shared with the room last week. He swooped in with a sell suggestion on Friday that was perfectly timed.

Our members had a chance to jump into Nouveau Life Pharmaceuticals, Inc. NOUV at .0008 on Thursday, and the stock hit .0089 on Friday just after the following message was communicated, marking a two-day swing of 1102% The stock subsequently tanked, outlining the accuracy of DJ’s call.

As we always remind our readers, anyone is welcome to participate in our daily traders chats. Simply send a Skype contact request to username: ‘stocksumo’ and we’ll fill you in on how to join in!


Players Network, Inc. PNTV

We initially began tracking PNTV this fall, mentioning it on Oct. 20th and Nov. 8th, subsequent to which time we would witness the stock trading at a low of .0089.

We added a reminder in our report on Thursday as it had begun to ramp up heavily, and on Friday it went on to hit a new 52-week high of .048. It extends the overall gain we’ve observed in this play over the past couple of months to an impressive 439%


Extended Watchlist:
TQLA, SDVI, IFAN, PXYN(Bottom-Bouncer)

Blue Horseshoe Stocks: New Options Idea & More

MyDx, Inc. MYDX

Trading in general was greatly subdued on Wednesday in comparison to Tuesday’s fast start to the short week, but MYDX was one of a couple significant movers among our mentions in yesterday’s report.

The stock traded in a range from .0036 up to .0064, which works out to an intraday push of 78% and it came on well over twice the monthly average volume.

Prior to this week, the stock had been consolidating heavily for quite a long period of time, and has now strung together two really solid sessions after registering a new 52-low on Tuesday morning. We’ll continue to monitor this play for the recording of higher highs and higher lows; another strong performance today would qualify it for full-on multi-day runner status.


420 Property Management, Inc. FTPM

Also coming off of yesterday’s report to have a respectable session was FTPM. This is one of the cannabis related plays that we tracked over huge gains back in October as the pre-election marijuana hype was reaching a fever pitch. With the sector seeing a comparatively mild yet still strong resurgence this week, FTPM is among those stocks reaping the short-term benefits.

We witnessed it run from a low of .0011 to .0019 yesterday on more than twice the average volume, which works out to an intraday pop of 72%  Like the aforementioned play, we’ll want to see the stock logging higher highs and higher lows for the remainder of the week.


American Eagle Outfitters, Inc. AEO

It’s been roughly a month since we dabbled in any AEO options, and we wanted to formulate an idea this morning granted the fact that the AEO chart is presently at a bottom and beginning to look ripe for a recovery.

Accordingly, we’d like to signal a range of extended-term options contracts in the AEO chain to put on watch in the days and weeks ahead. Unlike last month, when we went bearish with some puts after a mixed earnings release, this time we’re going the other way with the AEO 01/27 $15.50-16.50 Calls. With just under a month until expiration, it gives the stock plenty of time to make its move, so we’ll be watching closely.


Extended Watchlist:
ELTZ, AMFE, ORRV, IFAN, SVTE, GLLK

Blue Horseshoe Stocks: MXSG Review & More

Mexus Gold US (MXSG)

Our first order of business this morning is to give a rundown of the recent performance of MXSG, which has made one heck of a run in the time we’ve been tracking it.

We initially placed this gold play on watch last February 5th when it was trading at .0016 , and the stock, quite incredibly has put together a roughly 10-month uptrend.

Some of the biggest strides have come recently, despite gold prices cratering to their lowest values in that same 10 month period of late. That didn’t stop MXSG from running to a new high of .235 yesterday, which marks a mind-numbing 14,587% increase over the low we observed on the very first time we mentioned the stock in February.

That definitely makes MXSG one of our biggest success stories of 2016, and that includes options trading! Congratulations to anyone who has taken part in such an incredible ride!


IFAN Financial, Inc. IFAN

IFAN is another play we’ve been tracking that has also made big moves for us. When we first brought it to the table on October 24th, it broke out for excellent gains on the order of nearly 400% as it ran from .0031-.0154.

Yesterday, the stock went for a double-bagger, trading in a daily range from .0016-.0033 (+106%). It will interesting to see if it can carry some of its generated momentum of the past couple of sessions into further price surges. Another run at the penny mark from this point would factor in potential gains of up to 200%


GoDaddy, Inc. GDDY

GoDaddy is moving in the wake of news that the company would be attempting to boost its web hosting business with the acquisition of Host Europe in a $1.82B deal (>>View PR).

While the stock is at a good place on the chart, and receiving some attention, we’re going to radar some options to monitor over the next several weeks, in the GDDY 01/20 $35-36 Calls.


Extended Watchlist:
CTIC, HTBX, RCON, TXMD, ONCI,

Blue Horseshoe Stocks: BOTY Recap & More

Lingerie Fighting Championships, Inc. BOTY

We placed BOTY on watch on Friday after noticing that the stock had begun to launch off of its bottom, posting unusual activity the session prior. It was a good thing that we tagged it when we did, because Friday brought an even more considerable surge to the updside.

BOTY traded in a range from a low of .0056, cracking through the penny barrier, and reaching as high as .015. That was good for intraday gains of up to 168% and the excellent move came on volume of nearly six times the monthly average.

As the company name suggests, BOTY’s business is an actual women’s MMA league where the combatants wear lingerie instead of athletic wear. Being something so unique and potentially lucrative, it adds to our interest in continuing to track this play.


Solaris Power Cells, Inc. SPCL

SPCL is another one we want to provide an update on this morning. We initially witnessed a fantastic run from .0075 to .02 on this play when we called it back on 11/18, and after a period of consolidation in the following weeks, we observed the beginning of the stock’s next leg up on Friday.

SPCL traded in a daily range from a new low of .0041 and promptly returned to .02. That’s a big-time swing of 387%


Bridgegate Pictures Corp. BBGP

The run that BBGP made between the months of August and November this year was excellent, moving from the .20-range to more than 2.70. A recent dramatic selloff slapped the stock back down to the .20-level and just below, before the current bottom-bounce commenced.

We’re interested in tracking BBGP from this juncture in the event that the momentum we’re seeing gathered off of those lows should continue into this new trading week.


Insulet Corp. PODD – Options Idea

We’ve formulated an options trading idea for PODD, after noticing a few things about the stock. First, it’s in a good place on the chart, having exhibited the beginning sign of a bottom-bounce on Friday, reversing a downtrend that had persisted for over a week.

Next, we caught a Form-4 submission showing a significant buy by the CEO, in the amount of roughly $1.3M at the stock’s lows. Whenever we see directors of a company adding shares at relative lows, it piques our interest.

Accordingly, we are going to radar a set of contracts to watch in sessions to come, namely the PODD 01/20 $35 Calls.


Extended Watchlist:
IFAN, BPMX, CLF, MXSG, ONCI, PFTI

Blue Horseshoe Stocks: CCTC, EBIO, Options & More


Potential Momentum Plays

Clean Coal Technologies, Inc. CCTC - In a characteristic move, CCTC repeated the history of its own chart, as a stock that seemingly likes to make volatile swings to the upside. It breached its 50DMA in a bullish manner yesterday, so we are going to tag it for observation today in the event of continued momentum.

The chart is showing a series of ripening indicators as well. In order to hold our attention, CCTC will need to maintain support at or above that 50DMA, currently at .153 on any pullbacks.


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Eleven BioTherapeutics, Inc. EBIO
– EBIO is a stock we’ve come back to on several occasions in the past, and today, we want to circle around to point out its current status as a bottom-bouncing momentum play.

It hit four-month lows just five sessions ago, and has made a decent effort at a rebound since then, so we’ll keep it on watch for the possibility of further recovery.


Options Ideas

We’ve got a couple of earnings-related options ideas this morning as well. As our regular readers are surely aware, post-earnings options trading is one of our favorite and most reliable ways of rooting out rapid short term gain opportunities.

Shake Shack, Inc. SHAK – Weekly $35.50-37 Calls

Macy’s, Inc. M – Weekly $38-41 Calls

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Reminder: We’re also still tracking our idea on Starbucks from last Friday, the SBUX Weekly $53.50-55 Calls. The stock has traded up to nearly $55 in the premarket today, so we’ll be open to the possibility of seeing our gains extended there.


Extended Watchlist:
PXYN, LGBI, PARS, IFAN, CAFS, NNLX, KBS, FCEL