Blue Horseshoe Stocks: FTNW Ripping & More

Unity Group, Inc. UNIT

To kick off the fresh trading week yesterday, we tagged quite a large number of stocks in our Extended Watchlist, including UNIT with the note ‘Bottom-Watch’ attached. The stock had been absolutely pummeled in previous sessions, and a rebound appeared imminent.

We didn’t have to wait any time at all for that bounce to occur, with the stock posting a heck of an intraday performance. From a low of 8.29, UNIT surged its way up to a daily high of 11.5. That marks a very solid first-day performance for this play amounting to a gain of 37% We will continue to track the stock for further gains as the week the progresses.


General Electric Co. GE

We also wanted to recap the recent performance of GE. We mentioned this play shortly after the new year on January 8th, and observed a low of 8.18 the following day. Since then,we’ve seen fairly steady growth out of the stock, as it has run from that low up to a new high of 11.75 yesterday.

That represents an overall increase of 47% in roughly 7 weeks’ time. GE also just cracked its 200DMA yesterday, with the RSI about to head into the power zone, so we’ll want to continue our monitoring of its activity in coming sessions as well.



FTE Networks, Inc. FTNW

After being in a general downtrend since June, we’re seeing some sparks of life from FTNW, which is roaring up off of its 52-week lows as a result of announcing over $115M in new contracts. We are going to place this on our radar and strap in for what could be an impressive push off of its bottom.

Up considerably in the premarket, there are resistance areas roughly around $4, $6 and $10, and FTNW has the potential to crack some or all of those levels with the surge off of this latest news.



Fresh Options Ideas:
Etsy, Inc. ETSY 03/15 $60-65 Calls
The Home Depot, Inc. HD Weekly $185-180 Puts


Extended Watchlist:
AYX, VSI, WP, SKYS, THC, SOLO, WIN(Bottom-Watch)

Blue Horseshoe Stocks: Z Follow-Up & More

Zillow Group, Inc. Z

First thing’s first- we wanted to update our readers once again on the Zillow calls we made on Tuesday morning. We designated the Z Weekly $48-49 Calls as our targets and after a good first day, the stock continued its upward climb during yesterday’s session.

That move alloted for even further increases on our observed range of contracts, and pushed our two-day observed swings well into multi-bag territory:

$48 Calls – Range: 1.30-3.55 – Max Gain: 173%
$48.50 Calls – Range: 1.10-2.60 – Max Gain: 136%
$49 Calls – Range: .80-2.60 – Max Gain: 225%
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Fresh Ideas:
YELP Weekly $43-44.50 Calls
ROKU Weekly $52-53.50 Calls


Healthmed Services, Inc HEME

It isn’t often these days that we target a subpenny OTC stock. Our long-time followers know that those were our primary focus when we started out exactly 7 years ago this past Tuesday. We did very well in that capacity for many years, despite having recently shifted focus more to fast-paced options trading.

Of any of the sectors we ever covered in the OTC space, cannabis has certainly been the most exciting, and continues to be one of our primary interests on the stock side of things to this day.

That’s why we just want to put HEME on our readers radars. Despite being listed as defunct on OTC Markets, the company recently revealed its intentions to get things back on track and enter the marijuana space.

According to its updated website, HEME is presently acquiring, leasing and licensing growers for the cultivation, production and distribution of cannabis and cannabis-related products in southern California. The project site has state Highway access, water and local transportation are convenient and accessible, and the City government has designated the project site – legal planting zoning.

We are going to keep tabs on the company’s progress toward not only developing in this new direction, but also coming current on its reporting.


Extended Watchlist:
WIN, UPL, TIVO, ANGI, CVNA, RDHL,

Incoming search terms:

  • spacedjz

Blue Horseshoe Stocks: Bottom-Bouncers & More

Bottom-Bouncers to Watch

Each of the following plays seem to have a reasonable shot at taking their chart reversals on Friday into a new trading week, and continuing to rebound. We’ll want to reserve a slot on our radar for each of them.

CannaSys, Inc. MJTKD – We’ve been crazy about marijuana related stocks of late, renewing an interest in a market sector that began more than two years ago. While most cannabis plays enjoyed some type of sustained upward momentum (ranging from moderate to epic) over the course of last month, MJTKD had a major move early on, and then spent the remainder of the time under heavy consolidation.

We’re entering the scene as the stock reached new annual lows on Thursday, and began to recover on Friday. We’re going to be on the lookout for some of that momentum to carry over from here; a run back 50DMA of .0775 from current pricing would represent a move of more than 200%


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Windstream Holdings, Inc. WIN
– Just like the above-mentioned play, WIN recorded a new 52-week low on Thursday, followed by the beginnings of a nice rebound on Friday. The chart is looking absolutely ripe, and the company also just announced an all-stock acquisition of EarthLink (>>View PR), so there’s definitely a spotlight being cast upon it at the present time.

We see the possibility of a good bottom play in the stock as well as a chance for an extended-term idea in options chain. We’ll be looking to the WIN 12/16 $7.00-9.00 Calls, which should stand to be big gainers if the stock can make a run at its 50DMA within the next several weeks.



Starbucks Corp. SBUX – Options Recap

Although they failed to maintain their advances throughout the session, the calls we highlighted for Starbucks, the SBUX Weekly $52-53′s, made huge runs early on Friday.

$52 Calls – Range: .10-1.77 – Max Gain: 1670%
$52.50 Calls – Range: .08-1.27 – Max Gain: 1487%
$53 Calls – Range: .05-.78 – Max Gain: 1460%

We also put the SBUX 11/11 $53.50-55 Calls on watch in case the run carried into this week, and despite a big dip later on in the session, the stock is recovering in the premarket this morning, so we’ll want to continue keeping an eye on the contracts in that range.


Extended Watchlist:
ICBU, JFIL, LVVV, MYHI, USRM, SPTK, IONS, PBR

Blue Horseshoe Stocks: Options, Bottom-Plays & More

GoPro, Inc. GPRO – Options

GPRO’s Q1 earnings beat on revenue and profits causing quite a surge in PPS. Yesterday the stock traded up from the $45-range to the $47-range, and this morning we’re observing a sizable gap-up, as GPRO has already changed hands for as much as 53.54 in the premarket.

In the midst of all this, we’ll be on the lookout for chances with GPRO Weekly Calls, most likely in the range from $49-51.50, with our strike price being dependent upon where the stock ultimately finds support off of this morning’s early highs.

It would fulfill a classic dip-and-rip scenario which by now, as our regular readers are well aware, is one of our favorite chart setups.


Windstream Holdings, Inc. WIN

We also want to point out the nice intraday move made by WIN following its inclusion in yesterday’s extended watchlist. The stock briefly touched a morning low of 10.71, before running 22% to a high of 13.05 on just under 4X its 3-month average volume.

The move came on the heels of upgrades for the stock from a number of Wall St. analysts, and over at one of our favorite data reference sites, BARCHART.COM, GPRO is currently receiving an 80% Short-Term “Buy” Rating.


LifeApps Digital Media, Inc. LFAP

LFAP is a potential subpenny bottom-play that is catching our attention this morning, and we wanted to pass it along to our readers. We’re always on the lookout for stocks trading at or near their 52-week lows, and not only does this one fit that bill, but the company also released some interesting news this morning.

At this price-point and in this situation, there’s always a chance for a nice rebound to provide quality opportunities for quick-strike trades.

SAN DIEGO, CA–(Marketwired – Apr 29, 2015) – LifeApps Digital Media Inc. (OTC PINK: LFAP) (“LifeApps”), an emerging growth company, and designer of m-health, fitness and sports applications (“apps”) has updated MDWorkout® its popular health app for Apple iPhone and iPad with integration with Apple HealthKit. >> FULL PR


Extended Watchlist:
MLER, ONCY, MCGC, GNW, ARNA

Blue Horseshoe Stocks: Another Big Move From PZOO & More

Pazoo, Inc. PZOO

We’ve been more than pleased with the performance of PZOO this month after coming back to follow it closely on the 1st. We’ve tracked it every step of the way as it has made its way from a subpenny low of .0049 (04/06) and streaked to impressive new highs following our morning report on Friday.

PZOO started from a daily low of .0123 and broke the key level of resistance at .014 (we pointed out in a video we published Friday afternoon) before running to close at its high of day at .016. It represented an intraday move of 30% and an overall increase of 227% over our observed low earlier this month.

We’ve drawn up another video demonstrating some of the PZOO chart highlights, and we’ve linked that below. In addition, Pazoo released another key PR this morning, and we’ve provided a link to that as well. We’d suggest our readers explore both links!

 

WHIPPANY, N.J., April 27, 2015 (GLOBE NEWSWIRE) — Pazoo, Inc. (OTC Pinks:PZOO) (German WKN#:A1J3DK), is pleased to announce that as of today and more than a week ahead of schedule, the company has completely repaid the total of its obligations on its Convertible Promissory Note to Eastmore Capital LLC. >> FULL PR


Options Trading

Apple Inc. AAPL & Amazon.com, Inc. AMZN were the subject of our options-trading ideas on Friday. In both cases we mentioned an interest in looking for dip-and-rip scenarios, and both stocks did indeed follow suit. Our ideas for trading Weekly Calls in each would have paid off handsomely for anyone who took the initiative.

AAPL reports earnings today, and is gapping up significantly in premarket trading so we’re going to be on the lookout for opportunities in the Weekly $130-132 Range as we kick off a fresh trading week.


Molycorp, Inc. MCP

Some of our regular followers will recall our entering MCP into our reports on April 8th, and regularly revisiting it since then. Following our initial alert on this play we observed a low of .48, and the stock continues to press to new highs.

On Friday, MCP hit a new high of 1.04, which marks an impressive 117% swing from this stock inside of the past two weeks.


Enzon Pharmaceuticals, Inc. ENZN

We flagged ENZN for tracking on Thursday, after noting that it is another stock in which billionaire investor Carl Icahn has a stake. The stock made notable 16% intraday move on Friday, and we want to keep it on continual watch moving forward.

We covered VLTC recently as it made a truly historic move as a result of Icahn’s involvement, and are anxious to monitor any stock that draws the interest of such a high-profile investor.


Extended Watchlist:
SYMX, CANF, IBIO, WIN, CPRX, UEC