Tag: VDSC

Blue Horseshoe Stocks: VDSC & Extended Watchlist

ALAS International Holdings, Inc. VDSC

VDSC appeared on yesterday morning’s extended watchlist, and went on to have one heck of a session. After opening at .0096, the stock surged as high as .0148, for a possible intraday gain of 54% before it receded back to close at .0135. This wasn’t the first time since then that we’ve included VDSC in our extended watchlist. Back on March 11th following a morning alert, the stock was trading as low as .0013, which to yesterday’s high. marks a whopping increase of 1038%

Back in early January the stock made a really impressive move from .0007, to .0093 by the end of the month. We’d like to see that breached resistance level at .0093 hold as future support in the event of a pullback.

Options Trading
We also have FSLR $55 Calls on our radar this morning. They closed at .29 yesterday. We expect the stock to gap up this morning, at which time we will be looking for a dip-and-rip scenario.

Extended Watchlist:
AEGY, CHCI, DVR, FNMA, FMCC, ALXA,

Blue Horseshoe Stocks: CETV, HIDC

Central European Media Enterprises Ltd. CETV

CETV came to our attention on Friday as a part of a scan we conducted for companies with a recent Form 4 filing. We mentioned that the insider, who purchased nearly $75M in CETV stock at 2.75/share, in this case was Time Warner, and how interested we were to continue to follow that storyline.

After trading as low as 2.67 on Friday, we are seeing pre-market trades this morning taking CETV as high as 2.95. A pretty good start, although we are currently viewing this as a longer-term play. We will continue to monitor this stock for the foreseeable future.

Harbor Island Development Corp. HIDC

This momentum play just broke out of a sideways channel and came off of its bottom, so we thought we’d pass it along this morning. HIDC broke through its 10DMA yesterday at .006, and we’d like to see that hold as support. The next resistance is at the 20DMA of .016. As you can see on the included chart below, the stock is coming off of being oversold, so we want to monitor carefully for a continuation of the recovery which began yesterday.

Extended Watchlist:
STWG, VDSC, ECTY, PDII, AMD,

 

UNLA | Unilava Corp: Momentum Alert

Unilava Corp. UNLA

We have yet another momentum alert for you this morning. UNLA has come to our attention via our abnormal volume scanner as a stock that has begun an uptrend after coming off of a recent bottom. The last time the stock traded the level of volume that was observed yesterday, was in late December to early January, and it ran from .0025-.03. Conditions on the chart suggest it could be gearing up for another breakout, so we wanted to pass it along this morning.

On the chart below you can see that UNLA currently boasts an RSI that is getting ready to pass through the 50-line and the 50DMA. There was a hammer candle formation yesterday, as the stock bumped its head into the 50 and 20DMA’s at .0066, and .0069 respectively. The PPO is currently pinching, and preparing to cross, and the Slow STO recently crossed over, with the lines beginning to diverge.

It seems .013 and .03 are the next main areas of resistance following the 20 and 50 Day Moving Averages, so any trouble UNLA might have getting over those humps may be an indicator to take whatever profits we’ve gained by that point off the table.

Extended Watchlist:
VDSC, AVNR, IVAN,