Tag: NYMX

Blue Horseshoe Stocks: Momentum Plays & More

Top Ships, Inc. TOPS

We are going to place TOPS on bottom-bounce watch this morning. Yesterday the stock held in there just above its 50DMA, and recent support levels. Earlier this summer, the stock shot up exponentially so the ability to make drastic moves to the upside is present.

We’re going to throw TOPS on the radar and will remain interested in tracking its progress provided it holds above its recent swing low of 3.67. As you can see on the included chart snapshot, the MACD appears to be converging toward an impending bullish cross, to that will be a signal to watch for as well.

Northwest Biotherapeutics, Inc. NWBO

Here’s a stock that has had a whirlwind couple of sessions this week, breaking a long pattern of consolidation with two extremely bullish sessions.

We’re going to want to place NWBO on watch as a possible momentum play on the chance that it continues this multi-day run. As long as it can maintain support above yesterdays low which coincides with the 50DMA at .43, we’ll be watching for more solid intraday moves.

Agritek Holdings, Inc. AGTK

We began tracking AGTK at the beginning of August (08/02), and most recently reminded readers about the stock yesterday morning.

What followed was a nice intraday pop, and new overall high as it ran from .0026 to .0035, for a 35% swing. From the .0013 low we observed just after our initial alert on the play last month, yesterday’s high represented a total increase of 169%

It both cracked and held above its 200DMA into the close and the RSI just managed to breach into the power zone. We’ll be anxious to continue tracking its progress moving forward following these bullish signals.

Extended Watchlist:
AEZS, MTNB, NYMX, HNR, RELV, GBSN

Blue Horseshoe Stocks: MJMI Recap, Options Idea & More

MarilynJean Interactive, Inc. MJMI

Our first order of business this morning is to rehash the recent performance of what has become one of our best picks of this month on the stock side of things. We first alerted MJMI exactly three weeks ago on the 4th, and would subsequently observe a low of .091 the very next session, from which the stock hasn’t looked back.

Volume has been excellent during the entire fifteen-session span that we’ve tracked the stock, and yesterday MJMI reached an amazing new high of .575. That works out to a fantastic increase of 532% in a relatively short time. A quick peek at the chart below shows the incredible move clearly.


In the event of a pullback off of this latest spike, we’ll be looking for the stock to maintain support at or above the 200DMA of .353.

Xtera Communications, Inc. XCOM

We’re always on the lookout for a good bottom-bouncer, and it appears that we’ve found an interesting candidate this morning, which has just undergone a crazy 48 hours.

The stock made a huge run yesterday off of its recently established annual lows, filling the gap on the chart and then some, before settling into close in the fifty-cent range. This morning in the premarket we’ve seen the stock changing hands in the .60-.74 range, so we’re very interested to see how the activity will unfold in-session.

We’ll want to see this morning’s premarket low of .60 hold as support on any pullbacks.

Boston Therapeutics, Inc. BTHE

We also want to provide a quick update on BTHE today, which was a mention in yesterday’s extended watchlist.

Despite not seeing any liquidity in the early part of the morning, eventually the wheels began to turn, and we saw a nice afternoon run from .125 to .17; an intraday upswing of 36%

Fresh Options Idea: Tiffany & Co. Just beat on earnings this morning, so we’ll be montioring the TIF Weekly $71-74 Calls for potential daytrades and/or swing trades into tomorrow.

Extended Watchlist:
NYMX, RGIN, NTEK, AXMM, SPHS, NETE

Blue Horseshoe Stocks: MINE Recap, M Options & More

Minerco, Inc. MINE

MINE was one of a pair of plays we tagged for observation in yesterday morning’s premarket report that offered up the chance at some nice single-session gains.

The stock traded in a range from its early morning low of .008 and essentially spent the entirety of the session trending up. It led to a high of .012 shortly before the closing above its 50DMA, and it marked a solid intraday pop of 50% The move came on nearly 8 times the monthly average volume as well, so we’ll be on the lookout for further activity from MINE.

A key area of resistance will be the stock’s previous swing high of .014 from late June.

Eline Entertainment Group, Inc. EEGI

The other mover from yesterday’s watchlist was EEGI. This subpenny has a track record of volatility, and it played to our favor quite nicely with a respectable intraday run.

From a low of .0011 it reached as high as .0015, a 36% move on slightly greater-than-average volume. The stock tends to bounce around freely within the .0005-.002 range, so we may look to catch this one on a future dip-and-rip, which the chart history seems to suggest is a strong possibility.

Macy’s Inc. M – Options

Macy’s is fresh off of a big beat on earnings and is gapping up big in the premarket. As always when we run across this type of situation, we want to signal a range of options calls to correspond with the forthcoming activity. The sheer number of times we’ve reaped rewards from earnings-fueled options trades is getting too high to count. We’ve actually done so with Macy’s itself on multiple occasions.

The target range we’re going to zero in on is the M Weekly $36.50-39.50 Calls, for potential daytrades and possibly even swing trades into tomorrow’s session, depending on this afternoon’s activity.

Extended Watchlist:
KEGX, WDDD, IMI, WAC, SPWR, GSV, NYMX(Potential Bottom-Bouncer)