Blue Horseshoe Stocks: EVLI, KNDI, ADMD & More

Everlert, Inc. EVLI

We’ll continue to have an eye on EVLI into next week. The stock essentially traded sideways on relatively light volume during Thursday’s session, thus all of our observations of this play still remain true. A recovery pattern is in effect with EVLI as it reached 52-week lows five sessions ago, and has registered higher lows each day.

We’re going to be looking for EVLI to hold support at or above a nickel, while .07 is acting as resistance. A look at the chart still shows bullish indicators; the MACD which recently crossed is diverging sharply as the stock continues to trend off of its recent lows.

Kandi Technolgies Group, Inc. KNDI

We started off this short week with a note on KNDI, mentioning that it had been hit hard the previous Friday, and that we would be waiting for the dust to settle which has been occurring all week.

Currently the stock is holding support above $17, and this is going to be another one that we monitor into next week for potential rebound.

Advanced Medical Isotope Corp. ADMD

ADMD caught our eye after coming down to touch .0028 yesterday, one tick aboveĀ  52-week low, and then rapidly snapping back to the .005 to .006-range.

We’ll want to be ready to take quick advantage of any further rebound chances the stock might offer up from here. It was trading over a penny as recently as the third week in August and the chart looks to be ripening.

Extended Watchlist:

Blue Horseshoe Stocks: FREE, DRL, BAA & More

FreeSeas, Inc. FREE

After we brought FREE to our readers in last Thursday’s report, the stock was trading as low as .675. It turned out to be a good bottom call for us, as we have now seen two consecutive days of higher lows, and yesterday FREE attained a high of .91 into the close.

That marked a two session move up of 35% and as the stock closed at the high of day, we’re going to want to monitor FREE for momentum carryover into today. We’ll also be looking for another session of higher lows and higher highs to signify that the uptrend remains on-track.

Doral Financial Corp. DRL

We’ve been tracking DRL since June 9th, (Trading at a low of 3.53) and in that span, we’ve seen some significant movement from this stock.

Last Thursday, in an update on DRL we mentioned that we’d pay careful attention to the stock “over the next handful of trading days.” That turned out to be a good idea, as we’d observe a low of 7.08 on Friday, and a subsequent high of 8.14 during yesterday’s session, a solid increase of 15%

Counting from the initial low we observed in DRL in June, yesterday’s high represented a gain of 130%

Banro Corp. BAA

We have a potential bottom-bounce play in BAA this morning. We caught this one on a routine scan and noticed how it has taken a huge dive over the past few weeks. After closing at .479 on 07/09, the stock came all the way down to close at .181 this past Friday.

The stock has begun to find support and bounce off of its base over the past couple of sessions, so we want to keep a close eye on BAA moving forward.

Yesterday’s Extended Watchlist Movers

We also had a couple of plays off of yesterday’s ‘EW’ that fared well.

TROV made a nice move from a low of 3.75, on up to 4.78, an intraday gain of 27%

MOBI also gained some ground as it traded in a range from 7.47-8.60, for possible gains of 15%

Extended Watchlist:

Blue Horseshoe Stocks: PBR Options & More

Petroleo Brasiliero SA (Petrobras) PBR – Options

We’ve lost count of how many times we’ve called PBR correctly, but it has become a weekly, if not daily, sort of occurrence. If you recall, our report on Friday included a note proclaiming our interest in the “August 22nd $15.50 and $16.00 Calls for a swing trade into next week.” Already that prediction has begun to materialize in a big way.

PBR blew past $16 and even breached $16.50 during Friday’s session, and our target contracts both saw sizable increases. The 08/22 $15.50 Calls ran 73% in a range from .68-1.18, while the $16 Calls went from .44 to .79; a 79% jump.

The Weekly $16 Calls which have been a focus in each of the past few weeks, while a more risky proposition, yielded the highest potential rewards. Those ran from .05-.50 on the day; a 900% spike.

This morning in the pre-market, PBR has already traded as high as $17, so it will be interesting to see how much higher our potential gains on this idea will go. The first thing we’re looking to do this morning, is take enough profit off of the table to lock in our initial investment, then ride the rest of the way on the house’s money.

We’ll also be observing the overall temperament of the stock as we begin a new trading week, and will be forming further strategies as we go, so stay tuned!

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