Tag: VNR

Blue Horseshoe Stocks: PPCH Breakout & More

Propanc Health Group, Inc. PPCH

It didn’t require any patience on our part before we saw our bottom-watchlist from yesterday morning’s premarket report bear fruit. What we have in PPCH is an example of absolutely perfect timing.

After being mostly in a downtrend for a period that stretches all the way back to springtime, we ended up calling the bottom here with laser-like precision. The stock bulled its way up all day long, trading in a range from .008, through the penny barrier, and up to .017. That works out to an intraday pop of 112% and it came on nearly six times the monthly average volume.

The stock also managed to close just a tick below its high of day at .016, so we’re definitely going to be on the lookout for continued momentum. Yesterday wasn’t the first time we caught this play for triple-digit gains, and in all honesty, it probably won’t be the last.

Twitter, Inc. TWTR – Options Recap

In last Thursday’s morning report,  we presented an options idea for TWTR based on the setup of the chart; at the time it was trading in the mid-$18 range.

We put forth the TWTR 01/20 $19 and $20 Calls, to give ourselves the time needed to realize the upward move we suspected the stock would make, and it turned out to be another good idea. We saw a run to the mid-$19 level, and it facilitated the following performances in our target options:

01/20 $19 Calls – Range: .80-1.64 – Max Gain: 105%
01/20 $20 Calls – Range: .51-1.19 – Max Gain: 133%

Again, with that extended expiration date, we’ve still got all the time in the world to witness even further gains out of these contracts. That should start with with this morning’s opening bell, as TWTR is gapping up in the premarket once again.
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Fresh Idea:

Lululemon Athletica, Inc. LULU – On the strength of a solid Q3 earnings release and the authorization of a $100M buyback program, LULU is looking strong, and we want to get in on the action by formulating a new options idea to correspond with the activity.

Yesterday the stock broke out of the channel, from roughly $54-58, that it had been stuck in for several weeks, so we’re going to be focusing our attention on the LULU Weekly $66.50-70 Calls.

MJP International Ltd. MJPI

We also want to recap the performance of another play from yesterday’s extended watchlist. MJPI appeared for the first time in our reports, and responded with a solid session.

From a low of .85 the stock traded as high as 1.18, marking a 39% pop on the day and like the aforementioned play, it too closed just a single increment below the high of day at 1.17, and will thus remain on our list going forward.

Extended Watchlist:
IDXG, VNR, SPHS, NAVB, GAHC, AGIN, LBSR

Blue Horseshoe Stocks: Cannabis Updates, Options & More

OWC Pharmaceutical Research Corp. OWCP

We hardly need to tell our regular readers that we caught and alerted OWCP last Thursday at a low of .0045, because it has appeared in every single one of our premarket reports since then.

It’s rare to come across a multi-day runner of any duration, but one that continues for the span of an entire week without so much as a hiccup is really something special. Yesterday the stock parlayed its four-day head of steam into another great intraday run from .0261-.0468, a jump 79%  That new high represented an overall five-session swing totaling 940%

Huge cheers go out to anyone who has participated in this epic run, which is part of the cannabis space, a sector that we’ve been tracking more closely as the landscape has been heating up. We’ll continue to track OWCP, not only for the potential of continued momentum, but for the eventual consolidation and subsequent bounceplay that’s sure to arise when that occurs.

Cannabis Pharmaceuticals, Inc. CNBX

Speaking of the cannabis space, another related play that appeared in yesterday’s report went on to have itself quite a nice single-session performance.

CNBX traded in a daily range from a low of .06 to .0819 on more than triple the monthly average volume, and closed at that high. That was good for a 37% move, and with the bullish close to consider, we’ll certainly want to keep a close eye on CNBX for the possibility of continued momentum.

Catalyst Pharmaceuticals, Inc. CPRX

We’d also like to take a minute to update readers on the performance of CPRX over the past couple of weeks, a stock that we tagged for observation back on September 16th. On that day we observed a low of .99, and CPRX hasn’t dipped below that point since.

Over the past couple of sessions, things have really ramped up, with the stock setting a new high of 1.58 yesterday, up 60% from our witnessed low. That occurred on the third highest traded volume in the stock’s history, and the highest number of shares traded in a single day since 2013.

Aurinia Pharmceuticals, Inc. AUPH

While we’re on the topic of pharma plays we’ve tagged recently that have taken off to new highs, we also have to make mention of AUPH. We placed this stock on watch in Monday morning‘s report, and the ensuing run has been solid enough to warrant continued observation.

From a low of 3.07, the stock traded up to 4.13 (+35%) on roughly four times the monthly average volume, and is gapping up this morning to around $5, extending that figure even higher.

Fresh Options Idea – Disney Co. DIS

We like the current setup of the DIS chart, and the chances for a long-term recovery, so we want to signal a range of extended term options calls to correspond with that.

We’re going to radar the DIS 11/11 $94-96 Calls and keep track over them in the weeks ahead. .

Extended Watchlist:
QTM, VNR, FRO, CERU, DRRX, CPS