Tag: MHRC

Blue Horseshoe Stocks: Wrapping Up an Awesome Short Week

Magnum Hunter Resources Corp. MHRC

We really couldn’t have laid things out more plainly on Wednesday morning with respect to MHRC. We mentioned that we’d followed the stock all the way from our initial alert on 11/16 from a low of .021 to Tuesday’s high of .074 for a total increase of 252%

We then made it a point to remind our readers that there were still gaps to the upside to fill on the chart, which created the real possibility for further gains. The first gap we identified was from .08-.15 and sure enough, MHRC rose to meet the challenge, nearly filling that gap in its entirety.

The stock began from a morning low of .065 and reached as high as .146, which worked out to an intraday move of 125% and brought our overall observed range (.021-.146) to a mammoth 595%

We still need to keep a close eye on MHRC moving forward. The stock closed with strength at .137 on heavy volume, retaining its momentum-play status.

AgriEuro Corp. EURI

EURI was another momentum mover that up until Wednesday’s report had already shown us a 400% swing to the upside, and it too made a sizable intraday run leading into the holiday break.

The stock traded in a daily range from 1.15 to 1.69 giving traders a shot at modest yet solid intraday profits of 47%

We may look to cut-and-run from this point, as EURI has just been relegated to Caveat Emptor status by OTC Markets.

The Bon-Ton Stores, Inc. BONT

We’ve had success tracking BONT in the past, and this week has been a case of history repeating. We executed a textbook bottom bounce call on BONT, tagging it on Monday before observing a low of 1.25, and both Tuesday and Wednesday’s sessions produced bigtime advances of the chart.

It led to a high of 2.49 Wednesday, (+99%) leaving us just one percent shy of a perfect double-bagger on the week.


Pfizer, Inc. PFE – Options

Despite the recent uproar of excellent calls on various stocks, we didn’t want to break for the holiday without submitting a quick options-trading idea, and the one we identified was PFE Weekly $31-32.50 Calls, based on the premarket activity we were observing Wednesday morning.

Significant intraday spikes occurred in each set of contracts within that range, including a pair of four-baggers!

$31 Calls – Trading Range: 1.13-1.92  – Max Gain: 70%
$31.50 Calls – Trading Range: .62-1.60  – Max Gain: 158%
$32 Calls – Trading Range: .24-1.20 – Max Gain: 400%
$32.50 Calls – Trading Range: .13-.66 – Max Gain: 408%

If the bullish activity continues along a similar trend during today’s short session, we may look for quick-strike opportunities in a higher strike range. We’ll radar the PFE Weekly $32-33.50 Calls, but just remember that trading ceases at 1PM Eastern today, at which time all weekly options will expire! 

Extended Watchlist:
DBMM, FDBL, HPTG, IFCR, LTNC, EFUT, KBIO, AEZS

Blue Horseshoe Stocks: News Play, MHRC Recap & More

–
Magnum Hunter Resources Corp. MHRC
–
In yesterday’s premarket publication, we went over several momentum plays that have been very good to us in recent sessions, and among those was MHRC. We tagged this one last Monday (11/16)just a couple of sessions after it registered a new annual low.

From there the stock has built one heck of a recovery, and after a bangup intraday performance yesterday, it managed to press to new highs yet again. The intraday move on MHRC was from a low of .037 to .074, which comes out to an even 100%, and that high represents a total increase of 252% over our observed low of .021.

As we pointed out in a previous mention of this stock, there are a couple of gaps on the chart, the filling of which would mean more big moves to the upside. They sit at .08-.15, and beyond that, from .19-.26. The filling of the first gap would spell the chance for yet another double-bagger, so we’ll be sure to leave this play on our radar.

AgriEuro Corp. EURI

Speaking of momentum movers, we want to take this opportunity to recap the performance of another stock that we tagged for observation in our report on Monday the 16th. On that day, we caught the stock at a low of .381, and it has been smooth sailing ever since. EURI has recorded higher highs and higher lows every single day, culminating in an impressive new high of 2.00 yesterday.

That incredible move works out to total possible gains of up to 425% for anyone who caught our initial alert just seven sessions ago. Cheers to those who took advantage!

First Choice Heathcare Solutions, Inc. FCHS

Catching our eye toward the end of the day yesterday was FCHS. The stock made a nice intraday move from .73 and ran into the close at .98 on heavy volume.

That action alone would generally be enough for us to place a stock on watch for a possible continuation of momentum, but the company sweetened the pot even further with a post-market reveal of some promising guidance through 2016.

FCHS figures to be a stock that we track over an extended period, so now is the time to familiarize ourselves with its characteristics. To that end, we recorded a video of the chart this morning to point out some of the technical highlights, and would suggest our readers take a few minutes to check it out:

( Please Note: In the video, Stock Sumo gives the former company name, “Medical Billing Assistance Inc.” as it is still listed this way on StockCharts.com. First Choice Healthcare Solutions, Inc. is the correct and current billing.)

PRESS LINKS:

Pfizer, Inc. PFE Options Idea

We’ve noticed that PFE is rebounding off of a recent relative low on the chart, and this morning the stock is gapping up considerably in defiance of a less-than-ideal PR alluding to disappointing top-line results from late-stage studies of the drug Lyrica. We’re going to monitor a quick options idea to correspond with this activity, specifically, the PFE Weekly $31-32.50 Calls.

Extended Watchlist:
BIEI, FDBL, HPTG, PPCH, ICLD, VLTC, SUNE, BONT

Blue Horseshoe Stocks: CAPV & CDNL’s Explosive Moves & More

Cabo Verde Capital, Inc. CAPV
–
It’s only taken CAPV two sessions since we alerted the stock on Friday to reach superstar status. Even after offering up gains of more than 320% following its appearance in our premarket report on Friday, the stock wasn’t finished.
–

We issued a reminder in yesterday’s premarket report that despite having already made a big move, the stock was still a prime candidate to continue its momentum. What actually happened was more akin to another explosion, as CAPV ran from an early low of .0205 to an astonishing high of .077 on roughly seven times its 30-day average volume.

It goes down in the log as an intraday run of 276% and stretches the overall move we’ve observed in only two sessions to a whopping 1183%

We’ll remain interested in CAPV for its potential intraday swing capability provided it continues to maintain higher levels of support.

Cardinal Resources, Inc. CDNL

The other big winner yesterday was CDNL which we began tracking heavily on Tuesday of last week. By Friday, it had amassed six consecutive sessions of logging higher lows, and made a run from our witnessed low of .0057 to .0245; a 330% swing.

Like the aforementioned play, we reminded readers in yesterday’s newsletter that  CDNL could very well continue its own momentum into this week, and were very pleased with the results.

The stock surged from a morning low of .0233 and went on to hit .06. It marked an intraday pop of 158% and a total increase of 953% over the low we observed last Tuesday. A huge congratulations goes out to any of our readers who were tracking these stocks along with us in recent sessions, and were able to take advantage of these insanely monstrous moves.

More Momentum Movers

Speaking of momentum plays with which we’ve been familiar in the past, we have yet another pair of stocks to re-mention this morning.

AEterna Zentaris, Inc. AEZS

AEZS logged its new 52-week low on Friday and immediately began to bounce back. It then followed that up with a huge day to kick off the week yesterday, so between that and the fact that it traded record volume, we need to put this play on close watch. The stock has traded as high as 11.50 in premarket trading today, and we’ll look for it to hold support at or above the channel between the 50DMA of 6.69 and recent swing-high around 7.50 on any pullbacks.

____

Magnum Hunter Resorces Corp. MHRC

We introduced MHRC last Monday as a potential recovery play, and it has steadily advanced on the chart in the six sessions since that alert. We saw the stock trading at .021 that first day, and yesterday it had reached as high as .0415; a 98% swing in a single week.

It serves as a great example of why we’re constantly looking for stocks rebounding off of their 52-week lows, and up to this point MHRC has been a textbook play in that regard.

Extended Watchlist:
AXXE, CDII, EGYF, SCIE, NXGA,