Second Sight Medical Products, Inc. EYES
When we first began tracking EYES in last Tuesday’s morning report, the stock was trading at a low of 9.55, and it would spend the next two sessions bulling its way up as high as the 14.40’s. On Thursday, the stock underwent a slight consolidation, coming back to ultimately find support in the 11.80-range.
Then on Friday, EYES made another significant run as it exploded out of the gate at a low of 12.17 and soared to an afternoon high of 17.39. It marked an strong intraday gain of 47% on more than 16x the 3-month average volume.
That high also resulted in an overall increase of 82% above the low we observed on Tuesday morning, an incredible 4-day swing for a stock trading in this price range.
Friday’s Options Idea
We also want to take a minute to congratulate any of our readers who connected on our options daytrading idea for Monster Beverage Corp. MNST from Friday’s report. Just to refresh your memories, we speculated that $135-137 Weekly Calls might have been in line to see some rapid upward moves, and that’s precisely what occurred as the stock made its own solid run.
The first hour saw MNST trading the entire breadth of its daily range from a low of 137.72 to a high of 143.89, and as a result, our targeted contracts saw sharp rises in excess of roughly 200%
Added Reminder:
For some of our newer readers who may not be familiar with our operating procedures, EnXnet, Inc. EXNT is going to serve as an excellent reminder of why we encourage our subscribers to check our blog at BlueHorseshoeStocks.com each morning, even if you’ve already read our report via email or a republish on a Third-Party website.
Very often, we catch runners early in the session that were not included in our daily premarket report, and when this occurs, we place these symbols on our sidebar tracker.
Just such a occurrence came in the form of EXNT on Friday at approximately 9:50AM when we spotted it and placed it on the tracker. From that time on, the stock traded up 137% from a low of .04 to subsequent high of .095, so again, we encourage everyone to visit Blue Horseshoe Stocks after trading commences each morning to catch potential late-adds just like EXNT.
Extended Watchlist:
ARCP, ATHX, OHRP, AXPW, ONCY, CYCC