Blue Horseshoe Stocks: Chatroom Calls, Fresh Ideas & More

Chatroom Reminder

It had been awhile since we reminded our reader of our daily stock and options traders chats on Skype. They are a free and open forum for any of our readers to participate in, and a great way to get extra ideas that aren’t included in our morning reports.

Often the hottest plays don’t become apparent until just prior to, or just after the open, and those are the ones that you can catch in our chats, along with sharing ideas of your own.

DRUS was a big winner uncovered by DJ, a regular participant in the chats, yesterday just seconds into the session. Following DRUS being mentioned in the room, the stock ran from .0057-.0325, for whopping gains of 470%

As you can see, there were some SPY calls mentioned in the room as well, and those too did very well on the day. Both those, and DRUS appear to want to continue moving today as well.

As stated above, all of our subscribers are free to join in these chats, by simply sending a Skype contact request to username ‘stocksumo‘.

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Fresh Options Idea:
We’ll also look to roll up strike prices and observe the SPY Weekly $272.50-274 Calls


South American Gold Corp. SAGD

What did make it into our premarket newsletters yesterday was SAGD, a stock whose company is about to make a shift into the cannabis space. While it didn’t begin to run just yet, we’re still very interested in the current setup of the chart.

We have posted a video chart going over why we believe SAGD is worthy of continued observation which we encourage you to view by clicking the graphic below:


UpperSolution.com URSL

Another honorable mention from yesterday’s premarket report is URSL, and it too is one we’ll want to continue to keep an eye on based on its setup on the chart.

We identified URSL as a potential bounce play yesterday, and the stock subsequently rebounded from a low of 1.70 to 2.27; a 34% swing. Further recovery could be in order so this one will remain on our radars into the holiday break.


Extended Watchlist:
NFEC, PED, GBR, VNE, AXON, EARS, HUSA, AZZ

Blue Horseshoe Stocks: Wrapping Up a Great Week

RadioShack Corp. RSH

We thought some of Wednesday’s momentum in RSH could spill over into the day’s session, and said as much in our morning report yesterday, and the stock did not disappoint.

RSH continued its resurgence, beginning the session at just a hair under a dollar and barreling its way up to a subsequent high of 1.60. That’s an intraday run that afforded traders a shot at up to a 60% profit. In closing at 1.43, RSH held a majority of its gains on more than 10x the 1-month average volume.
RSH has now made notable gains in each of the last three trading sessions.

We alerted this stock prior to the the .55 annual low reached earlier this month, and from that level yesterday’s peak pricing represented an overall increase of  190%


SGOGO Group Ltd. SGOC

A tag of SGOC in yesterday’s extended watchlist would turn up an excellent opportunity as the stock proceeded to run rapidly in the first half hour of trading, from a low of 2.07 to a high of 3.22 shortly after 10am.

That spike was good for gains in excess of 55%- later in the day there was a 16% swing from 2.56-2.98. Closing at 2.84, SGOC is another one that had a nice move, and maintained more than half of its daily gain.


Drone Aviation Holding Corp. DRNE

DRNE is a stock we’re going to be monitoring into next week; currently it’s consolidating off of a nice 46% move (.89-1.30) we witnessed from last Friday  to this Monday.

We’re going to be looking for DRNE to hold support at or above the current 50DMA of .78, and will have our eyes peeled for any chances that might present themselves with a potential rebound.


Extended Watchlist:
OTIV, AEZS, XXII, RALY, NFEC


In closing we’d like to wish everyone an enjoyable long weekend for the Labor Day holiday, and we’ll see everyone bright and early on Tuesday morning to kick off what promises to be an exciting short week!