GPRO’s Q1 earnings beat on revenue and profits causing quite a surge in PPS. Yesterday the stock traded up from the $45-range to the $47-range, and this morning we’re observing a sizable gap-up, as GPRO has already changed hands for as much as 53.54 in the premarket.
In the midst of all this, we’ll be on the lookout for chances with GPRO Weekly Calls, most likely in the range from $49-51.50, with our strike price being dependent upon where the stock ultimately finds support off of this morning’s early highs.
It would fulfill a classic dip-and-rip scenario which by now, as our regular readers are well aware, is one of our favorite chart setups.
Windstream Holdings, Inc. WIN
We also want to point out the nice intraday move made by WIN following its inclusion in yesterday’s extended watchlist. The stock briefly touched a morning low of 10.71, before running 22% to a high of 13.05 on just under 4X its 3-month average volume.
The move came on the heels of upgrades for the stock from a number of Wall St. analysts, and over at one of our favorite data reference sites, BARCHART.COM, GPRO is currently receiving an 80% Short-Term “Buy” Rating.
LifeApps Digital Media, Inc. LFAP
LFAP is a potential subpenny bottom-play that is catching our attention this morning, and we wanted to pass it along to our readers. We’re always on the lookout for stocks trading at or near their 52-week lows, and not only does this one fit that bill, but the company also released some interesting news this morning.
At this price-point and in this situation, there’s always a chance for a nice rebound to provide quality opportunities for quick-strike trades.
SAN DIEGO, CA–(Marketwired – Apr 29, 2015) – LifeApps Digital Media Inc. (OTC PINK: LFAP) (“LifeApps”), an emerging growth company, and designer of m-health, fitness and sports applications (“apps”) has updated MDWorkout® its popular health app for Apple iPhone and iPad with integration with Apple HealthKit. >> FULL PR
MLER, ONCY, MCGC, GNW, ARNA