Tag: LVVV

Blue Horseshoe Stocks: New Highs for VPOR & More

Vapor Group, Inc. VPOR

We caught VPOR for a solid gain on Tuesday, mentioning it in our premarket report before a respectable intraday performance ensued. The stock had run from .00355 to .0053 (+49%) , but we noted that it was part of an emerging bullish pattern, so we kept it on watch yesterday as well.

Once again, this time for the fourth straight session, VPOR managed to record higher lows along with a new high. The stock traded in a range from .0043 to .0068, marking a 58% intraday push, and an overall increase of 92% from our observed low on Tuesday.

We’ll stay hot on VPOR’s trail for as long as it continues to build higher base levels of support.

Lowes Companies, Inc. LOW

We put out a post-earnings options idea on Lowes in yesterday’s report with the LOW Weekly $79-81 Calls and it turned out to be an excellent idea, offering up multi-bag gains across the board inside of the first half hour of trading.

No matter which of the strike points were chosen, quick-strike trades could have yielded the following gains:

$79 Calls – Range: 2.08-5.04 – Max Gain: 142%
$79.50 Calls – Range: 1.67-3.35 – Max Gain: 101%
$80 Calls – Range: 1.29-3.02 – Max Gain: 134%
$81 Calls – Range: 75-3.54 – Max Gain: 372%

Fresh Options Idea

Burlington Stores, Inc. BURL-  Speaking of post-earnings beat options plays, we’re going to want to track a range of contracts in the BURL chain following the company strong showing for the quarter which soundly beat Wall Street expectations.

We’re going to want to radar the BURL 03/17 $85-95 Calls. Given the boost from earnings, along with a strong rising wedge pattern on the chart, we like the chances of seeing some nice activity in those contracts.

Extended Watchlist:
ICLD, VDRM, LVVV, BLTA, NCTW

Blue Horseshoe Stocks: Bottom-Bouncers & More

Bottom-Bouncers to Watch

Each of the following plays seem to have a reasonable shot at taking their chart reversals on Friday into a new trading week, and continuing to rebound. We’ll want to reserve a slot on our radar for each of them.

CannaSys, Inc. MJTKD – We’ve been crazy about marijuana related stocks of late, renewing an interest in a market sector that began more than two years ago. While most cannabis plays enjoyed some type of sustained upward momentum (ranging from moderate to epic) over the course of last month, MJTKD had a major move early on, and then spent the remainder of the time under heavy consolidation.

We’re entering the scene as the stock reached new annual lows on Thursday, and began to recover on Friday. We’re going to be on the lookout for some of that momentum to carry over from here; a run back 50DMA of .0775 from current pricing would represent a move of more than 200%


_______

Windstream Holdings, Inc. WIN – Just like the above-mentioned play, WIN recorded a new 52-week low on Thursday, followed by the beginnings of a nice rebound on Friday. The chart is looking absolutely ripe, and the company also just announced an all-stock acquisition of EarthLink (>>View PR), so there’s definitely a spotlight being cast upon it at the present time.

We see the possibility of a good bottom play in the stock as well as a chance for an extended-term idea in options chain. We’ll be looking to the WIN 12/16 $7.00-9.00 Calls, which should stand to be big gainers if the stock can make a run at its 50DMA within the next several weeks.


Starbucks Corp. SBUX – Options Recap

Although they failed to maintain their advances throughout the session, the calls we highlighted for Starbucks, the SBUX Weekly $52-53’s, made huge runs early on Friday.

$52 Calls – Range: .10-1.77 – Max Gain: 1670%
$52.50 Calls – Range: .08-1.27 – Max Gain: 1487%
$53 Calls – Range: .05-.78 – Max Gain: 1460%

We also put the SBUX 11/11 $53.50-55 Calls on watch in case the run carried into this week, and despite a big dip later on in the session, the stock is recovering in the premarket this morning, so we’ll want to continue keeping an eye on the contracts in that range.

Extended Watchlist:
ICBU, JFIL, LVVV, MYHI, USRM, SPTK, IONS, PBR