Blue Horseshoe Stocks: Bottom Watchlist & More

AVEO Pharma Inc. AVEO
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Last Monday the 25thwas the day that we began tracking AVEO as a potential bottom bounce play, and in that short span, we have seen some nice progress to that end.

The stock began to move the morning of our initial alert, and yesterday received a big boost, finishing as the #1 gainer on the NASDAQ for the day. Thus far we have seen AVEO run from a low of .55 on March 25th, to yesterday’s new high of 1.85. That works out to a seven-session upswing of 236%


RIOT Blockchain, Inc. RIOT

We also tagged RIOT for observation back on February 20th, and subsequently witnessed a low of 2.85. The run it has gone on with the help of Bitcoin’s resurgence to the $5K neighborhood, was solid. RIOT itself saw a push to a high of 5.15 this week, marking a positive change of 81% since our last mention.


Bottom Watchlist

We also want to highlight both comScore, Inc. SCOR, and Mr. Cooper Group Inc. COOP as potential bottom plays. Both stocks are giving off extreme oversold signals, while trading near their annual lows. We’ll want to keep these on watch for possible recoveries.
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Options Idea: PLAY Weekly $53-54.50 Calls


Extended Watchlist:
ICON, ACHN, MGI, NDRA, ASX, CHFS, TTPH, JMU, SCYX,

Blue Horseshoe Stocks: PULM Review & More

Pulmatrix, Inc. PULM

The first thing we want to talk about this morning is the recent performance of a stock we tagged for observation roughly three weeks ago on the 11th of March. PULM was under consolidation in the sessions that followed, and over the past week, has really blossomed into a solid runner.

From its recent low of 1.05, the stock has risen as high as 3.01, which marks an increase of 187% PULM was trading above $4 just a few months ag0. We’ll continue to monitor to see if the stock can recover the rest of its lost ground.


FRESH OPTIONS IDEAS

Walgreens Boots Alliance WBA – Here we would like to signal a range of puts in the WBA chain on the heels of the company’s whiff on Q2 earnings expectations, and slashed guidance. Our targets this midweek are going to be the WBA Weekly $59-57.50 Puts, which may be helped along by a lackluster February Durable Orders report this morning.
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Cabot Corp. CBT – In this case, we simply like the technical setup of the chart. If CBT makes the kind of rebound it appears to want to make, we are going to see some solid opportunities out of the CBT 05/17 $40 Calls.


Extended Watchlist:
AMPG, SGMO, RIOT, XNET, SOLO, LW, KEP

Blue Horseshoe Stocks: AMPG Special Report

SPECIAL REPORT:
Amplitech Group Inc. (OTCMKTS:AMPG)

Our primary order of business today is to take a deeper look at a stock that has really piqued our interest recently. We’ll unpack the company’s recent FY2018 report, detail the technical reasons behind our attraction to the chart, and highlight the sort of products that AmpliTech actually provides.

AmpliTech designs and manufactures custom and standard state-of-the-art RF (radio frequency) components for Commercial, Telecom/Satcom, Space, and Military markets worldwide. Its signal-amplifying technologies are beneficial over a wide range of applications, and sets up the company to play a role in the coming 5G revolution- the next wave in ultra-modern wireless communication.

Some of the entities for which AMPG has already designed custom solutions include Lockheed Martin, Northrop Grumman, Raytheon, NASA, and more. Amplitech is able to set itself apart with its extreme high standards of producing extraterrestrial and military-grade equipment. The company has worked with hundreds of clients that were unable to find AMPG’s level of customization and quality elsewhere.
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Shares of AMPG have been on their way up since the company released the figures on its Full Year 2018 Report in a recent 10-K, which included record sales and revenue. Some of the other highlights include:

  • Revenue increased by $1,016,675 over FY2017; an increase of 73%
  • Income from Operations increased by $431,520 compared to 2017
  • Gross Profit Margin was 58% in 2018, up from 53% in 2017

(>>View Full Report)
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We weren’t the only ones to raise a brow at the company’s progress in 2018. As we said, AMPG has seen an increase in price action and volatility in recent sessions, and the chart appears set to add more gains. 2019 could shape up to be yet another ‘best year yet’ on multiple fronts for AMPG.


AMPG CHART:

With just 48M shares outstanding and roughly 22M in the float, this stock has the potential for rapid gains on relatively little buying pressure. We urge you to take a look at our brief video presentation of the finer points of the current setup on AMPG.

We currently have a Golden Cross setting up on the AMPG chart, with our favorite indicators, the RSI and the MACD, appearing bullish at present. Click to view the Video Chart for the full rundown:


“AmpliTech, Inc. (OTCMKTS:AMPG) Video Chart for 04/01/19”


For more information visit:
AmpliTechInc.com

OR CONTACT: Fawad Maqbool, CEO at (631) 521-7831
Twitter: twitter.com/AmpliTechAMPG
Instagram: instagram.com/amplitechampg
Facebook: facebook.com/AmpliTechInc