Blue Horseshoe Stocks: Review of Friday’s Half-Session & More

Repros Therapeutics, Inc. RPRX

We’re looking at RPRX as a potential momentum-play this morning. After drastically falling off of a precipice at the end of last month, the stock spent several weeks stepping its way down to a new 52-week low. However, in the few sessions since that time RPRX has been making a nice rebound that warrants our putting this play on watch today.

As you can see on the included chart there are a number of bullish signals in effect. There’s also a good bit of real estate between the current PPS and the next area of resistance on the chart, thanks to the stock’s big decline in October. A return to levels prior to that point would mean gains approaching the 100%-mark from here, so we’ll reserve a space on our watchlist for RPRX.


Pleasant Kids, Inc. PLKD  РOptions

Since our first mention of this stock back on October 13th, we’ve witnessed one heck of a run from PLKD, with very few setbacks along the way.

We’ve showed the epic move the stock has made using a trendline on the following chart, running from our observed low of .0581 all the way up to the new high registered on Friday. at .279. That’s a mammoth 380% swing, and with the way things have been going for PLKD of late, it would be a mistake for us to let it slip off of our radars at this point.


The Bon-Ton Stores, Inc. BONT

BONT has proved itself to be an immensely successful bottom-call for us over the past week. We re-introduced this past winner on Monday morning, upon which time we would witness the stock trading at a low of 1.25. It proceeded to record four consecutive sessions of higher highs and higher lows throughout last week, just as we’d hoped to see.

BONT’s fantastic recovery carried it to a new high of 2.83 on Friday, which represented an intraweek increase of 126%, congratulations to anyone who made a play on BONT during the short week!


HydroPhi Technologies, Inc. HPTG We’d also like to comment on HPTG, which made an appearance in Friday’s premarket report and ended the short week with a long intraday run from .0027 to .005. It worked out to a 85% spike, and despite being just a half-day, the stock made that move on heavier-than-average volume.


Extended Watchlist:
ARWR, AVXL, CEGX, FROT, LATX,

Blue Horseshoe Stocks: PLKD Update & More

Pleasant Kids, Inc. PLKD

PLKD has been a subject of discussion for us over the course of this month. Within the past couple of weeks we’ve tracked it as it went on a run from .06-.14, a 133% swing in a matter of five sessions. Following that, the stock pulled back to find support at .08, and subsequently rebounded back to .11 yesterday. That’s an added spike of 37% and our signal to continue monitoring PLKD’s progress moving forward.

In addition to providing action on the chart sufficient to net sizable gains for smart traders, PLKD has had a number of positive press releases come down the line recently. This includes an acquisition agreement set to take effect at the end of November, and a recent share reduction of significant magnitude.

As usual, we’ll look to see the stock continue to register higher lows as it has over the past three sessions. We’ve also pointed to a few bullish indicators on the chart that suggest near-term upside potential:


Options Update

We saw a modest move out of the gate from AAPL yesterday, which led the AAPL Weekly $114-116 Calls we were tracking to provide the chance to profit on the early dip-and-rip as we suspected.

The company’s post-market earnings report beat expectations, and as a result, AAPL is gapping up significantly in premarket trading today. This could facilitate further intraday surges in the contracts we specified, so we’ll remain hot on their trail as we head through midweek.


Extended Watchlist:
DNRG, HPTG, LATX, NRTI, WEST, XOMA,