Blue Horseshoe Stocks: LLNKF Update

LiteLink Technologies, Inc. (OTCMKTS:LLNKF)(CSE:LLT) – Update

This morning, we are taking another look back at LLNKF, a stock we provided our readers with a special report on just a few sessions ago, on Thursday.

In the following day’s report, we commented on LLNKF’s move from a low of .1157 on up to .197 (+70%), and explicitly stated: “we definitely want to be on the lookout for a possible continuation of momentum. We’ll look for this play to register higher highs and higher lows and continue this bullish uptrend.”

On Friday the stock increased its high by a slight margin, and yesterday, ramped up even further. This time, it hit a new high of .30, which marks a fantastic three-session upswing and total gain opportunity of 159% Yesterday’s performance came on the stock’s highest volume on record.

Anytime we see a stock double from our initial alert, it’s always a great idea to take risk out of the equation, by taking half of the investment off of the table. This way, we’re playing with the house’s money, and always in a position to where any further gains are pure profit. Another smart tactic is to use a mental stop-loss order at a key support level. Yesterday’s swing low of .1993 would be a good area to do just that. So for example, if the PPS drops below that key support, it might be a good idea to lock in the rest of our profits. These are just a couple tricks of the trade that we like to go by.


The TJX Companies. Inc.  TJX - Fresh Options Idea

Also catching our attention this morning is the TJX chain, with the company producing favorable Q1 figures in this morning’s release. With a solid beat on earnings, and bolstered full year guidance, things are in good shape for a potential options trade here.

We’re going to place the TJX 06/21 $52.50-55 Calls on watch to correlate with the activity that we’re observing here in the premarket.


Extended Watchlist:
FCEL, PES, MTNB, SDRL, YUMA, CLRB, ENT, BLPH

Blue Horseshoe Stocks: Options Mania!

Canopy Growth Corp. CGC

We’re returning to CGC to update on new highs for the third straight trading day this morning. Originally put out on Wednesday morning, we have been tracking the CGC 09/21 $30-40 Calls to some fantastic gains ever since.

As of yesterday morning, our overall observed gains on those three contracts were 338%, 596%, and 994% respectively. Following another big day, those figures have been extended by an impressive margin once again. 

$30 Calls – Range: 1.76-10.30 – Max Gain: 485%
$35 Calls – Range: .56-6.00 – Max Gain: 971%
$40 Calls – Range: .16-3.20 – Max Gain: 1900%

________

The TJX Companies, Inc. TJX

Fresh for yesterday morning, we cited the TJX 09/21 $105 & 110 Calls as an interesting pair of contracts, and those got off to a decent start. The $105′s  traded up from 2.15-3.20 for a gain of 49% and the $110′s went from .50-.80, for an intraday move of 60%
______

Fresh Ideas:
URBN Weekly $48.50-50 Calls
TGT Weekly $87.50-89 Calls


Extended Watchlist:
EYES, CVM, GPOR, NOG, DOMO, AMPE, CRC, PINC, GE

Blue Horseshoe Stocks: CGC Bull Run Continues

Canopy Growth Corp. CGC

Ever since Constellation Brands’ (STZ) added a multi-billion dollar block to its stake in CGC, the corresponding options idea we put out on Wednesday morning  continues to pile on new highs.

Our designated targets were the CGC 09/21 $30-40 Calls, which as of yesterday morning had already produced chances at gains ranging from 150-350% Those ranges were extended by a wide margin thanks to yesterday’s activities.

$30 Calls – Range: 1.76-7.70 – Max Gain: 338%
$35 Calls – Range: .56-3.90 – Max Gain: 596%
$40 Calls – Range: .16-1.75 – Max Gain: 994%

(Note: The 32.50 and 37.50 calls didn’t trade much volume until yesterday session, where they too produced sizable gains)
________

Fresh Ideas:
TJX 09/21 $105 & 110 Calls 

GDX 09/21 $18.50-19.50 Calls


Extended Watchlist:
GALT, AMDA, ATIS, OHGI, JMU, NVDA, NFLX

Blue Horseshoe Stocks: AMD, TJX & More

Social Detention, Inc. SODE

Our first order of business this morning is to return to SODE, a stock we recently published a special report on a little under two weeks ago. Immediately following that, we would observe a low of .10 in the stock, which has given way to a very respectable move since then.

Yesterday in a surge of price action and volume, SODE achieved a new high of .153, marking a 53% move in just a shade over a week. We’re going to want to maintain our watch over this play and look for it to establish higher highs and higher lows, continuing this current uptrend.


The TJX Companies, Inc. TJX – Recap

Yesterday in the premarket we reported some excellent progress with the TJX options ideas we presented in our report from May 22nd, the TJX 06/15 $85-90 Calls.

Based on the big move the stock itself made thereafter during yesterday’s session, we have to revisit our ideas again to provide the impressive new highs that were attained, along with our total possible gains so far.

$85 Calls – Range: 2.14-7.86 – Max Gain: 267%
$87.50 Calls – Range: .90-5.56 – Max Gain: 517%
$90 Calls – Range: .35-3.14 – Max Gain: 797%


Advanced Micro Devices, Inc. AMD 

Speaking of solid calls, we made one on AMD, tagging the stock for observation in our report from April 26th.  The move it has made since then is awe-inspiring- after having traded for as little as 10.61 on that day, the stock hasn’t looked back during what has been a month-long bullish surge.

Yesterday, AMD reached a new 52-week high of 14.98, which registers as a highly respectable increase of 41% in just under five weeks.

The stock has been in blue sky breakout mode for the past two sessions now, so it’s going to be very interesting to see where its path takes it from here. There may even be a dip and rip opportunity at some point as profit takers enter the mix, so we’ll want to stay light on our feet.


Extended Watchlist:
CODX, SMAR, GIII, MYL, PLX, NAV

Blue Horseshoe Stocks: TJX Review & More


Petroleo Brasiliero SA (Petrobras) PBR

As we kick off a fresh trading week, we’re drawn to a familiar stock from the past in PBR. Our relationship in following and making successful calls with this play stretches back for years,

Recently, the stock had been falling on the heels of a solid run last month, and that decline was kicked into a higher gear last week as the company’s CEO resigned amid questions about the Brazilian economy. The turmoil has brought PBR to its lowest levels and most oversold point since December, as you can see on the chart below.

You can also see that those conditions led to a month-long run of considerable proportions, so we’re going to want to signal some longer-term options in case the pattern were to repeat itself. We’ll place the PBR 06/29 $11-12 Calls on watch in the days and weeks ahead.



The TJX Companies, Inc. TJX – Recap

We presented some longer term options ideas in our report from May 22nd as well, and wanted to update our readers on the fantastic gains that have been made possible by the stock’s continuous bull run since that time.

Our targets were the TJX 06/15 $85-90 Calls, and the excellent moves made by those contracts are as follows:

$85 Calls – Range: 2.14-6.30 – Max Gain: 194%
$87.50 Calls – Range: .90-3.80 – Max Gain: 322%
$90 Calls – Range: .35-2.00 – Max Gain: 471%


Extended Watchlist:
ATIS, AXON, MUSZ, ENT, EOLS, MRNS, IMMU