Blue Horseshoe Stocks: MIXX Update, New Ideas

Mix 1 Life, Inc. MIXX

Amidst a rough week for the markets, a stock that we were tracking beginning on Monday August 3rd. We caught it as a bottom-play with the stock looking extremely oversold, just having recorded new 52-week lows, and it has enjoyed a heck of a recovery since then as we suggested it might.

Our observed low on this play from last Monday was .95, and as of yesterday’s high at 3.64, we’ve officially witnessed an increase of 283% in a span of just seven sessions.

Volume has tapered off a bit, but we’re still going to want to keep MIXX on our running watchlist. While its recovery thus far has been impressive, the PPS is still just a fraction of what it was as recently as 6 weeks ago, when it was trading in the $5-range. Ideally, we’d like to see support hold at or above 3.20 on any pullbacks in order for us to remain interested.


Possible Bottom-Play

Medizone International, Inc. MZEI – Catching our eye on this relatively quiet morning is another stock that has just logged new annual lows. MZEI fell off a cliff yesterday, tumbling from .095 to just over a nickel. We’re going to slate this stock as a potential recovery play; support prior to that epic beating was in the .07-08 range, so we’ll be on the lookout for a rebound back to that region of the chart.

____

Possible Options Play

Direxion Daily Gold Miners Index Bull 3X Shares (NUGT) – This ETF has an options chain which is where we will look for trading opportunities, specifically in the NUGT Sept. 4th $5 Calls. Gold prices have enjoyed a steady climb for the past week; charts saw a reversal last Wednesday, and provided we witness a continuation of this precious metal’s rally, there could be some nice moves in those calls.


Extended Watchlist:
DSUS, CRGP, PPHM, SPY(Weekly $206 Calls)

Blue Horseshoe Stocks: MIXX Review, Options Ideas & More

Mix 1 Life, Inc. MIXX

To kick the week off on Monday morning, we highlighted a couple of fresh news bottom plays, and MIXX was among them. If you refer to that premarket report, we stated that MIXX was  “piquing our interest with a premarket PR and its positioning on the chart as a good bottom-watch candidate. The stock has fallen dramatically to new 52-week lows, and is looking extremely oversold… we’re going to slate this one for observation as the potential recovery could produce some serious chances for profit.”

We honestly couldn’t have been more right about MIXX seeming out of place at such low price, and that impression of the chart led us to the chance for some serious profits. Yesterday’s trading range brought the stock from a low of .98 all the way up to 3.15, which marks an intraday jump of 221%

This play served as yet another added reminder of why we are constantly scanning for stocks which have been crushed down to new annual lows without significant material changes. It is often a precursor to hefty rebounds like the one MIXX has produced this week.



Mobile Broadcasting Holding, Inc. MBHC

Speaking of intraweek swings, MBHC has continued to make a comparatively modest yet still significant move of its own off of its recent swing low of .0042. Yesterday the stock pushed its way back to a high of .0069, an overall positive change of 64%

It came in conjunction with a press announcement highlighting the appointment of a new CEO who will be navigating the company through the upcoming launch of the company’s new app to both Apple and Android markets. The timeline given in a prior press release from MBHC has the official release coming up later this month.

PISCATAWAY TOWNS, NJ / ACCESSWIRE / August 4, 2015 / Mobile Broadcasting Corporation, (OTC PINK: MBHC) Mobile Broadcasting Corporation (MBC) announced today that Darryl M. Sanders will be taking the reigns as President and CEO of MBHC. He will lead the company’s public launch of the WHIRLD Mobile Broadcasting Network >> FULL PR


Options Ideas

We’ve had strikingly good fortune with options recently, so here are a couple of fresh ideas that we’re going to be monitoring today. We’re going to give a wide target range for each of them. Be aware that when we signal wider ranges of call contracts it’s always less risky to start at the lower strike price, (i.e. deeper in-the-money) and roll up our strike price if the stock looks like it wants to continue to break out. We’ve identified many winning contracts in the past using this broad-sweep monitoring method.

Zillow Group, Inc. (Z) – Here we are going to be slating the Z Weekly $77-82 Calls for observation.

First Solar, Inc. FSLR – For FSLR our target range looks to be the Weekly $47-50.50 Calls.


Extended Watchlist:
ASAB(Subpenny Bottom-Watch)
AREN
(Momentum Play *Caution:Being Heavily Promoted*)
AAPL
(Still on Bottom-Watch)

Blue Horseshoe Stocks: Friday Recap & New Interests

Recapping Friday’s Interests

Friday’s session bore some nice opportunities among the plays we were discussing in our premarket report, from both options and stocks.

Our top options target turned out to be Expedia, Inc. EXPE, in which we were tracking the Weekly $115-117 Calls. Every one of the contracts in that range produced chances for multi-bag gains:

$115 Calls – Daily Range: 1.12-5.04 – Max Gain: 350%
$116 Calls – Daily Range: 1.32-6.40 – Max Gain: 385%
$117 Calls – Daily Range: .87-4.12 – Max Gain: 374%

___

On the stock side of things, we were observing Hutchinson Technology, Inc. HTCH which had caught our eye on a routine premarket scan for abnormal activity. The stock responded with a solid session to close out the week, trading from a low of 1.60, and reaching as high as 1.95; a respectable 22% intraday move.
___

We also wanted to say a quick word about Wizard World, Inc. WIZD, which we called as a potential bottom-play after noticing the stock tumbling to new 52-wk lows. The stock managed to make a nominal 18% intraday jump off of that bottom, so we’ll watch for the possibility of a protracted recovery. We’ll look for WIZD to continue to register higher lows.


Mobile Broadcasting Holding, Inc. MBHC

MBHC responded well to Friday’s news regarding the findings of beta testing on its upcoming app (View PR), as it continued to build a higher base of support off of the .0042 swing-low that it recorded last Tuesday.

We watched the stock trade in a range from .0052 to .006 (+15%), and that high marked an overall four-session move of 43%  It drew back slightly to close at .0057, the point from which we’ll look to see it continue to log higher lows as we commence a new trading week.

We’ve prepared a video highlighting the key points of the MBHC chart:


Fresh News Plays

Lexicon Pharmaceuticals, Inc. LXRX is gapping up heavily this morning after the company published an early-morning PR announcing that its Phase III cancer treatment has met primary endpoints. We can look for short-term opportunities in the stock itself, and in the options chain, where we’ll monitor $10 Calls. Be on the lookout for a possible dip-and-rip scenario!

Lexicon Pharmaceuticals Reports Positive Top-Line Results For Pivotal Phase 3 Telotristat Etiprate Study In Cancer Patients With Carcinoid Syndrome (Mon 1:01AM EDT)

Mixx 1 Life, Inc. MIXX is also piquing our interest with a premarket PR and its positioning on the chart as a good bottom-watch candidate The stock has fallen dramatically to new 52-week lows, and is looking extremely oversold. The CEO has released a letter to shareholders today addressing the extreme conditions, and we’re going to slate this one for observation as the potential recovery could produce some serious chances for profit.