Blue Horseshoe Stocks

Blue Horseshoe Stocks: IZEA Recap & More

Izea Worldwide, Inc. IZEA

IZEA is a stock that we have been following for several weeks. We highlighted this play back on August 12th, and would subsequently observe a low of 1.04. In two definitive pushes, the stock has gained quite a bit of ground over roughly the past six weeks.

Yesterday it managed a new high of 3.00, which marks an overall increase from its mid-August low of 188%

Snap, Inc. SNAP

We’re always scraping the barrel for a good bottom play, and we want to place SNAP on watch for just that reason this morning.

A thirteen dollar stock just two months ago as you can see on the included chart snapshot, SNAP has now fallen below the eight dollar mark, and is egregiously oversold at the present time. We’ll keep tabs on this play moving forward, as a rebound appears imminent at some point in the near future.

Comstock Mining Inc. LODE

Lastly, we want to backtrack to Monday’s report, in which we designated LODE as a stock to watch. It certainly was something to see this week as it ran from a low of .1201 to as high as .315. That’s a 162% intraweek push.

Extended Watchlist:
PLX, AMPE, SPI, TGC, PBR, MCIG, MYHI,

Blue Horseshoe Stocks: EBAY Ready For Reversal?

Ebay, Inc. EBAY – Bottom Play

On our routine morning scan today we noticed that EBAY, on Tuesday, registered a new annual low. The stock is at its lowest share price since April of 2017, and as our readers are well aware, we’re always on the hunt for a good bottom-play.

What we typically do in these scenarios, is signal a range of options calls with a moderate amount of time remaining until expiration. In this case we’re going to designate the EBAY 11/23 $33-35 Calls as our items of interest.

As you can see on the included chart, the relative strength is rising and the MACD has begun to converge toward a bullish cross. Coupled with Tuesday’s annual low and a sizable gap to fill on the order of roughly two dollars, and it makes EBAY an attractive bottom-bounce candidate.

Constellation Brands, Inc. STZ

We also like to look for opportunities on the heels of large companies reporting their earnings by highlighting options with weekly expiration, and that’s wjhat we want to do with STZ this morning.

We’re going to track the STZ Weekly $212.50-220 Calls through today and tomorrow’s sessions.

Extended Watchlist:
IZEA, YGYI, BLRX, FEYE, ICON, FPAY

Blue Horseshoe Stocks: Fresh Options Ideas & More

India Globalization Capital, Inc. IGC – Update

As we were mentioning yesterday morning, ICG was a near-perfect bottom call we made roughly three weeks ago in our report on September 10th and thereafter we would observe a low of 1.03.

For the past couple of weeks the stock has been on fire, gaining ground by leaps and bounds, and yesterday it recorded yet another huge session. From a daily low of 9.50 the stock ran to a new high of 14.58, for an intraday gain of 53%

From our initially observed low midway through last month, that marks an overall increase of 1316% Cheers to any of our readers who have been in on this mega-runner!

Tesla Inc TSLA – Recap

Yesterday morning we mentioned that our idea from Tuesday morning, the TSLA Weekly $300-310 Calls, most likely stood to gain even more ground based on the stock’s premarket activity.

As it turned out, we were absolutely correct, with each of the five contracts we designated as items of interest extending their highs on the day. Here are the updated figures from Tuesday’s session through yesterday’s closing bell:

$300 Calls – Range: 11.10-18.60 – Max Gain: 68%
$302.50 Calls – Range: 10.00-16.25 – Max Gain: 62%
$305 Calls – Range: 8.65-15.30 – Max Gain: 77%
$307.50 Calls – Range: 7.70-13.45 – Max Gain: 75%
$310 Calls – Range: 6.60-12.00 – Max Gain: 82%

Tesla is gapping up today and looks to be ready to push these contracts deep in the money, so we’ll expect to see these ranges and possible gains extended even further from here.
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Fresh Options Ideas:
Petroleo Brasiliero S.A. (Petrobras) PBR Weekly $13.50 & $14 Calls
Marriot Vacations Worldwide Corp. VAC 11/16 $105-115 Calls

Extended Watchlist:
BRFS, KNDI, INNT, TPX, CRBP, VTGN, TROV

Blue Horseshoe Stocks: Multiple Updates

UPDATES ON RECENT WINNERS

New Age Beverages, Inc. NBEV – Early last month, we caught NBEV before it went on a ride from 1.50 to 10.34, a gain of 589% but thanks to some excellent volatility, it wasn’t the last we’d hear from the stock. Following that, NBEV saw a pullback off of those highs to a low of 3.61 before retuirning to 8.95.

That works out to a 148% swing, and we’re going to be very interested to see if it can make another run and possible even surpass its previous swing high, mentioned above.
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India Globalization Capital, Inc. IGC – We caught the bottom on IGC very well, highlighting the play in our report on September 10th and seeing a subsequent low of 1.03. Yesterday, to kick off the fresh trading week the stock reached an impressive new high of 9.24. That registers as an excellent three-week upswing of 897%
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Fate Therapeutics, Inc. FATE – Speaking of solid bottom-plays, we want to track back a little further to FATE, which we signaled for observation 8 weeks ago on August 1st. Following that report, the stock traded for as little as 9.001, and after a steady bullish incline for essentially the entire time between then and now, FATE has reached new highs at 16.9365, a highly respectable increase of 88%

Tesla Inc TSLA – Update

We also signaled the TSLA Weekly $300-310 Calls yesterday morning, and so far those ideas have worked out great. The single session gains available to traders on the day were as follows:

$300 Calls – Range: 11.10-17.00 – Max Gain: 53%
$302.50 Calls – Range: 10.00-15.15 – Max Gain: 52%
$305 Calls – Range: 8.65-13.70 – Max Gain: 58%
$307.50 Calls – Range: 7.70-12.10 – Max Gain: 57%
$310 Calls – Range: 6.60-10.96 – Max Gain: 66%

Tesla is gapping up today and looks to be ready to push these contracts deep in the money, so we’ll expect to see these ranges and possible gains extended even further from here.

Extended Watchlist:
LODE, INPX, CLRB, SRNE, APRN, MLNT, VBIV

Blue Horseshoe Stocks: BB Recap & More

Blackberry Ltd. BB

Blackberry had a strong earnings release for its 2nd Quarter on Friday, and we took that as an opportunity to signal a pair of options calls in the BB chain, namely the BB Weekly $10 & $10.50 Calls. It was a good thing that we did, because the impressive intraday move the stock made from 10.43-12.00 ended up facilitated some really nice chances for huge single-session gains.

The $10 Calls traded in a relatively modest range from .50-1.05, gaining 110% on the day. But that was only modest by comparison to the other set we were tracking. The $10.50’s absolutely exploded, running from .10-1.47 for a colossal intraday move of 1370%

Tesla Inc TSLA

We also want to dip a toe in the water with the TSLA chain on the heels of a fast paced week of news pertaining to the SEC’s lawsuit against Elon Musk for misleading tweets back in August.

Shares jumped in the premarket following word that, while ousted as chairman for a period of three years as part of a quickly-reached settlement, Musk will retain his position as CEO.

In the wake of this activity this morning, we want to signal the TSLA Weekly $300-310 Calls for observation as we kick off this fresh trading week.

Neogen. Inc. NEOG

We want to place NEOG on watch today as well for a duality of reasons. Firstly, the stock has just begun to find support after losing its shirt over the past couple of weeks, The stock is ridiculously oversold that the moment, and we caught a Form-4 filing from the CEO and other insiders buying up shares near current lows last week.

So we have the insider angle, as well as a brilliant technical setup, so we’re going to signal the
NEOG 11/16 $70-80 Calls for observation in the days and weeks ahead.

Extended Watchlist:
NBEV, CRMD, TRXC, BLDP, TRLY, EEFT, MGA