Blue Horseshoe Stocks: NDEV Recap, Pot Stocks Rock & More

Novus Acquisition & Development Corp. NDEV

We were just mentioning yesterday morning how we had first begun tracking NDEV on December 12th, and had subsequently witnessed a huge 250% move to the upside from our observed low of .30 to a high of 1.05.

Some people might have figured that the party was over after such a significant rise, but NDEV had other plans. The stock kicked off the short week yesterday on an impressive note, managing the biggest single-session swing we’ve seen yet, running from its morning low of .731 to a new high of 1.51. That was a super intraday push of 107% and the new high marked an overall jump from our .30 low amounting to 403%


Momentous Entertainment Group, Inc. MMEG

Speaking of continued movers, a week ago today was when we caught on with MMEG, and it has been nothing but bullish activity since then.

We initially observed a low of .0017 before the stock shot to .0055, a move of 224%. But it too kicked off the short week on a high note, with an intraday spike of 55% as dipped-and-ripped from a morning low of .0044 to a new high of .0068. It also extended our total observed gain on the play in less than a week to an even 300%


Ecolocap Solutions, Inc. ECOS

New to our reports yesterday was ECOS, which produced two noteworthy intraday moves during the session. It first ran from .003 to a high of .0048 (+60%) before pulling back to bounce off a low of
.0025 and return to .0037, adding another 48% to its cumulative gain totals on the day.

A stock with this kind of volatility is definitely worthy of continued observation.


Provectus Biopharmaceuticals, Inc. PVCT

We also want to provide a quick update on PVCT which we tagged in yesterday’s extended watchlist. The stock made a modest but solid 28% move from .018-.023, and we’ll want to continue to keep an eye peeled for signs of a continued uptrend.


Cannabis Stocks Rocking Again

Last but most certainly not least, we want to share an image of yesterday’s top traded OTC stocks, nearly all of which are in the cannabis space, which we’ve been drawing heavy attention to over the past several months. We released a reminder video to that effect over the weekend and published it in yesterday’s report, and were obviously met by a huge sector-wide surge.

Moving forward here are a few specific cannabis related stocks to continue to keep a close eye on: AGTK, FTPM, MJTK, MYDX, PMCB, GRNH, AMMJ, CNBX


Oceanic Research & Recovery, Inc. ORRV – Chatroom Call

We spotted ORRV in our chatroom yesterday, signaling it to our members at .0002 x .0003, and it went on to close at the high of day of .0008. That was good for a single session gain of 167%, and since ORRV closed at its high on abnormally high volume, we want to place it on momentum watch in the event of a possible continuation today.


Blue Horseshoe Stocks: NVDA Review & More

Nvidia Corp. NVDA – Recap
Focusing on NVDA Friday morning on the heels of its earnings beat turned out to be a fantastic idea. It was a great way to cap off a week filled with solid options trading ideas.

The stock itself made an incredible intraday run of nearly 30% and as a result, our specific area of interest, the NVDA Weekly $77-80 Calls, yielded some great chances for huge single-session profits. That included nothing less than 201% and one that even went for a ten bagger!

The potential gains were as follows:

$77 Calls– Range: 2.87-11.55 – Max Gain: 302%
$77.50 Calls – Range: 3.62-10.90 – Max Gain: 201%
$78 Calls – Range: 2.00-10.55 – Max Gain: 427%
$78.50 Calls – Range: 1.33-8.70 – Max Gain: 554%
$79 Calls – Range: 2.04-9.55 – Max Gain: 368%
$79.50 Calls – Range: .81-5.00 – Max Gain: 517%
$80 Calls – Range: .70-8.15 – Max Gain: 1064%

Congrats are due to any of our readers who used our hunch to help bank a piece of these serious profits!
_____

Fresh Options Idea:
HAR Weekly $100-110 Calls


Cannabis Sector – Video Update

We also want to provide an update on cannabis stocks, which we promised to continue following on the heels of legalization happening in three states last week. We’ve done so in the form of a quick video review of some of the more high profile plays, like MJNA, CBIS, PHOT, GRNH, and NEWC.

After a pullback around election time, pot stocks in general began to gain steam again at the end of the week. We’ll be watching carefully for the recording of higher lows and higher highs across the board.

  Click the graphic below to view the presentation:


Primero Mining Corp. PPP

We also want to take heed of a bottom-watch play we’ve identified this morning. PPP reached new 52-week lows on Friday, after a disappointing earnings release earlier in the week sent the stock into a tailspin.

We’re always looking for bargains, and to find one in a gold play in the midst of a solid run-up for the precious metal, has the potential to be especially fortuitous. As a quick glance on the chart below will show, the stock is presently heavily oversold and searching for an ultimate low here. We’ll want to be ready to strike when the reversal occurs.


Extended Watchlist:
VAPE, HEMP, OWCP, MYDX, SINO, CRNT, DRYS, X

Blue Horseshoe Stocks: Cannabis Updates, Options & More

Cannabics Pharmaceuticals, Inc. CNBX

We began talking about CNBX earlier this month, mentioning it on the 5th and 6th, as part of our ongoing effort to remind our readers of the myriad opportunities there are, and will continue to be, in the cannabis space. We’re now less than two weeks away from an election that should dramatically alter the landscape of the marijuana business.

CNBX is among a number of pot-related plays that we’ve had on our running tracklist, and with the help of a really strong month overall, it has come all the way from our observed low of .06 on the day of our initial mention (10/05) to a new high yesterday of .377. That works out to an increase of 528% inside of three weeks.

It wasn’t the first time we’ve seen such a huge move out of a cannabis stock, and it certainly won’t be the last.


MyDx, Inc. MYDX

Speaking of the cannabis sector, MYDX is another constituent of that space that we’ve been tracking this month only to witness some excellent moves to the upside.

We entered MYDX into the mix on the 10th, and subsequently observed a low of .0225. Since then it’s been a fairly steady ramp-up and yesterday the stock achieved a new high of .0525. It represents a total PPS rise of 133%, which, like the above-mentioned play, occurred in a span of less than three weeks.


Fresh Options Ideas

We’re going to close things out for the week with the following options ideas.

AMZN Weekly $780-772.50 Puts*

RCL Weekly $67.50-72.50 Calls*

*Don’t forget what we always say regarding the trading of weekly options on a Friday. Advanced traders ONLY!


Extended Watchlist:
CGRA, LQMT, ALKM, QEDN, TTCM, VOIS