Blue Horseshoe Stocks: Month-Long Runners

Geron Corp. GERN

It was just on Tuesday morning that we did a review of the performance of GERN, a stock we had initially tagged on February 5th. It had made considerable progress over a six week period, and after a fantastic session yesterday, the stock once again shot to new highs.

It ran all the way to an even 5.00, which from the 2.025 low we observed in early February, marks an increase of 147% This week has brought the highest volume, and now the highest PPS since 2015 for GERN. With the stock well into Blue Skies, we’re be interested to continue following its activity.


DURECT Corp. DRRX

Speaking of stocks on our radar that have enjoyed longer-term success, we want to talk about DRRX again this morning. We’ve been tracking this stock since mid-December (12/14), and in two separate runs here in 2018, we’ve seen it make fantastic progress.

We also included DRRX once again at the beginning of this month, and yet again on Tuesday of this week as the stock has continued to push its way further and further upward. This month alone it has risen from 1.2338 to a new high of 2.20, a gain of 78%

Subsequent to our original alert, DRRX registered a low of .875, and from there, yesterday’s high measures as a 151% increase.



NII Holdings, Inc. NIHD

In yet another month-long gainer, we have NIHD. We signaled out interest in tracking this play back on the last day of February and it has been steadily ramping its way up all month long.

We’ve witnessed a run from a low of 1.115, to yesterday’s new high of 2.28, marking a   104% intra-month move.


Fresh Options Ideas:

Petroleo Brasiliero S.A. PBR 03/23 $14-15 Calls
Conagra Brands, Inc. CAG 04/20 $35 & 36 Calls


Extended Watchlist:
ARQL, ATOS, OMER, RNVA, RSII, RXMD, TRHC, PRPO

Incoming search terms:

  • L8OC

Blue Horseshoe Stocks: RXMD Update & More

Progressive Care, Inc. RXMD

We’re coming back to RXMD once again to review this unstoppable momentum play that has appeared in five of our last six reports. After our initial mention of this play on February 22nd, we witnessed a low of .0663 and it hasn’t looked back since.

Continuing its impressive trajectory into blue skies, with every uptick the stock attains a new five year high. Yesterday it reached .265, which represents an observed increase of 301% in a matter of roughly three weeks! As measured from Monday of last week at its low of .1171, it managed a one week swing of 126%


DPW Holdings. Inc. DPW

We want to tag DPW this morning as a potential bottom bouncer, after noticing an interesting chart setup.

As we’ve pointed out on the following snapshot, the stock has come down to what we feel is a pretty solid area of support, and looks like it may try to make a run at its 50DMA. It also saw a pretty good surge in volume yesterday, so we’ll place it on watch today.


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Fresh Options Idea:

DSW, Inc. DSW Weekly $17.50 & $20 Calls


Extended Watchlist:
RKDA, AIPT, INPX, ATUS,

Incoming search terms:

  • 02QF

Blue Horseshoe Stocks: Huge Recent Success

Progressive Care, Inc. RXMD

Even though much of our focus over the past couple of years has turned to short term options trading, penny stocks have always been our bread and butter, and RXMD is an example of one that we’ve found incredible success with of late.

After appearing in our morning reports every single day this week as it streaked into blue skies, RXMD once again registered a new 5-year high of .213 yesterday. From Monday’s low of .1171 it marked an intraweek upswing of 82%

As we’ve mentioned several times now, we had the chance to get into RXMD as low as .0663 following our initial alert on February 22nd, and from that point, yesterday’s high represented an increase of 221% over a period of eleven trading days.

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Rennova Health, Inc. RNVA

Also in the penny stock arena, we did well with RNVA this week, including it in Tuesday’s premarket report. From a subpenny low of .006, the stock made a 200% move to yesterday’s high of .018, and it’s gone even higher in the premarket this morning.


Zosano Pharma Corp. ZSAN

After tagging ZSAN as a bottom-bounce play on Friday, at which time is was trading for as little as 6.8175, we’ve witnessed an explosion this week. This play has also appeared in three out of our last five reports as it has absolutely taken off.

Yesterday morning, we pointed out that despite already making significant gains, if it broke an area of key resistance we highlighted on the chart, that things could get interesting and they certainly did.

ZSAN exploded from a low of 12.57 and ran as high as 25.70, an intraday move of 104% an a mind-bending 275% over a period of just a few days. That’s fantastic for a stock that started out above six dollars!


Fresh Options Idea: SPY Weekly $274.50-277 Calls*

*Do NOT trade weekly calls on a Friday unless you are an expert level trader!


Extended Watchlist:
NTLA, OKTA, THO, MARA, NVCN, YY, ONCS, CRIS, TEUM

Blue Horseshoe Stocks: RXMD Keeps Rocking & More

Progressive Care, Inc. RXMD

We’ve talked about RXMD every day this week, because the stock has continued to streak to new highs each day. As we’ve mentioned, our February 22nd alert on RXMD enabled our readers to gain entry for as little as .0663.

Yesterday, our tenth session tracking this play, the stock soared to a new five year high of .197, registering as a total increase from our observed low amounting to 197%

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Zosano Pharma Corp. ZSAN

We put ZSAN back on our radars as a bottom-bounce play on Friday, and witnessed a subsequent low of 6.8175. From that point, the stock has made a very nice move in just a short time.

Yesterday, following yet another tag in our premarket report, ZSAN ran from 9.58 to 15.74. That worked out to an intraday rise of 64% and a total increase of 131% in a matter of just four trading days.

As you can see on the included chart snapshot, if the stock can pass through the highlighted resistance area and breach the 200DMA, things could get very interesting.


Dollar Tree, Inc. DLTR

We formulated a bearish options idea for Dollar Tree yesterday morning, and it worked out in our favor as the stock gapped down hard, followed by more backsliding during the session. Our targets were the DLTR Weekly $95-92 Puts and the two sets of contracts in the lower end of that range yielded notable intraday gain opportunities.

$93 Puts – Range: 4.00-6.10 – Max Gain: 53%
$92 Calls – Range:  2.50-4.54 – Max Gain: 82%

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Fresh Options Idea:
We also want to look at Burlington Stores, Inc. BURL on the heels of its earning release and signal a few contracts for observation- the BURL 03/16 $120 & $125 Calls.


Extended Watchlist:
NTLA, OKTA, THO, MARA, NVCN, YY, ONCS, CRIS, TEUM

Incoming search terms:

  • B1OL

Blue Horseshoe Stocks: SPY Calls Hit & More

RJD Green, Inc. RJDG

We included RJDG in yesterday morning’s premarket watchlist after noticing an attractive chart pattern building, and for our first day of observation, the stock got off to a really solid start. From a low of .0222, it ran to .0299 on the day, representing a single-session swing of 35%

As you can see on the included chart snapshot below, current indicators suggest RJDG could be primed for even more bullish activity, so we’ll continue to track as we cruise through midweek.

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Progressive Care, Inc. RXMD

We also want to mention RXMD for the third consecutive day this week. As we said yesterday,our February 22nd alert on the stock allowed us the chance to get in for as little as .0663.

During yesterday’s session itself, the stock once again broke out to new annual highs, hitting .1729, which marks a 161% upswing over a span of just nine trading days.


SPDR S&P 500 ETF (SPY) – Recap

Also in yesterday’s premarket report we included options ideas for the SPY, which looked set for another bullish session. We targeted the SPY 03/07 $272-273.50 Calls and got really good double-bag intraday results from all of those contracts.

$272 Calls – Range: .82-1.75 – Max Gain: 113%
$272.50 Calls – Range:  .62-1.38 – Max Gain: 123%
$273 Calls – Range: .45-1.08 – Max Gain: 140%
$273.50 Calls – Range: .31-.82 – Max Gain: 165%

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Fresh Options Idea:
DLTR Weekly $95-92 Puts


Extended Watchlist:
IBIO, FRTA, ZSAN, MOMO, ADSK, FORM

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  • YB2C