Tag: NXGA

Blue Horseshoe Stocks: Welcome to 2016, WRFX Recap & More

Welcome to the 2016 Trading Year!

We finished off 2015 with a couple of nice selections in our premarket report on Thursday, but before we dive into recapping those performances, we invite our readers to take a look at the video we prepared outlining some of the other winners to grace our stat sheet recently. 2015 was a banner year for us with humongous winners coming out of multiple arenas, from micro to mega-caps, stocks, options, ETF’s and more.

It is our solemn vow to sustain these patterns of continued success into this brand new trading year and take our reports to new heights. We’re glad to have all of you with us as we embark upon our 2016 campaign. With each passing year we’ve honed our craft and gotten better and better. We expect this year to be no different! The sky is the limit, so strap in, because it’s going to be a heck of a ride!

  (Video highlights the excellent recent performances of our calls on CMRX, SFYW, & VSYM)

Worldfix, Inc. WRFX

The first item on Thursday’s extended watchlist was WRFX, and it turned out to be the most exciting play of the session, and our final double-bagger call of 2015!

It started off mildly, and ended the session with a bang. Subsequent to trading at a low of .0018, the stock ran into the close at .0038. That came out to an intraday gain of 111% and was an excellent way to close out the year.

Not only did the stock close at its daily high, but it did so on more than five times its monthly average volume. Whenever we see heightened trading activity coupled with a strong close, we always want to monitor the stock in following sessions for the possibility of momentum spillover.

Trans-Pacific Aerospace Co., Inc. TPAC

We also tagged TPAC for observation on Thursday; another subpenny play that ended the year on a high note for us. The stock started from a low of .0035 and traded as high as .0051. That hashed out to a respectable intraday run of 46%

It did pull back to close at just .0039, so we’ll be looking out for some possible rebound activity. We’ll remain interested as long as TPAC can maintain support at or above Thursday’s swing low of .0035, but keep in mind that the chart is beginning to look extremely overbought. Anyone speculating in TPAC from this point forward should remain very cautious of this fact.

Extended Watchlist:
DEWM, NXGA, TRUU, BVTK(Bottom-bouncer)

Blue Horseshoe Stocks: Fresh Options Ideas & More

Options Ideas

With stocks characteristically lagging a bit as we head into the holiday break, and figuring to do so until the turn of the new year, we’re going to zero in on a couple of potential options plays.

Celgene Corp. CELG

CELG is gapping up into the $120-range this morning, and we will be interested in tracking its activity as things open up today with untraded-upon news of a significant nature. The company achieved a favorable outcome on a long-standing patent dispute which was announced yesterday post-market (View PR).

We will be looking for a possible dip-and-rip scenario, and will want to see the 50DMA of 115.03 hold as support on any pullbacks. Provided it can manage that, we will look to the CELG Weekly* $116-120 Calls for the possibility of some intraday flip opportunities.

*We must remind everyone that Weekly options contracts for this week will expire upon tomorrow’s 1PM Eastern market close. 

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Spirit Airlines, Inc. SAVE

SAVE is currently striking us as a potential extended-term swing-trade candidate. Despite already having experienced a sharp uptrend at the beginning of this month to rebound off of its annual lows, the stock is still trading at roughly half of its 52-week high. The possibility of a protracted recovery is very real, in our opinion.

SAVE January 15th $40 & 45 Calls are going to be the contracts that we will be placing on watch this morning, and for the next few weeks.

Additionally, as we’ve pointed out on the chart below, there is a significant gap from roughly $45-49. The filling of this gap would undoubtedly produce serious gains in the aforementioned options.

Swift Energy Co. SWYW

Speaking of large chart gaps, we’ve noticed one on SFYW, which has managed to rebound after falling off a cliff a couple of sessions back. We’ve identified the gap on the following snapshot:

We’ll go ahead and put SFYW on our radars over the next several sessions; a return to pre-gap PPS levels would spell a double-bagger from the current price.

Extended Watchlist:
NXGA, TALK, BLTA, LTNC, KWBT

Blue Horseshoe Stocks: Momentum Plays & More

Medbox, Inc. MDBX

MDBX is a stock that we were tracking fairly heavily over the course of the fall season, awaiting a solid bottom-bounce signal as the stock drew back steadily in PPS over a period of many weeks.

Yesterday we were sent into high alert mode with regard to MDBX, and while the observation came just a few minutes late to make it into our premarket report, it was shared in our trader’s chat promptly at the open as you can see from the following snapshot:

What ensued was an intraday run, and the strong bounce signal we were awaiting all along. From a low of .02 MDBX shot up 95% to reach an HOD of .039; that worked out to a 95% pop.

We felt it was another perfect illustration of why we encourage all of our followers to get in on our daily trader’s chats. There are often opportunities mentioned that won’t appear in our premarket reports, appearing in the chatroom throughout the course of a given day.

Once again, all one needs to do is log onto a Skype account and send a contact request to username ‘stocksumo‘, and you will be admitted into the chat!

pSivida Corp. PSDV – News Alert

We’re casting a portion of our attention this morning in the direction of PSDV. As we were examining this morning’s PR feeds, we noticed an announcement from the company referring to positive Phase-III study data and a huge concurring gap-up.

Medidur is PSDV’s treatment in development for an eye affliction known as posterior uveitis, and the results of the trials are said to be “statistically significant”. We’ll be monitoring this play as the session kicks off today in the event that the move up on the chart is significant as well.

Given that it’s traded up over 50% in today’s premarket, we may need to observe for possible dip-and-rip action in the stock.

Extended Watchlist:
NXGA, TALK, BLTA, LTNC, KWBT