Blue Horseshoe Stock: EGLE, SFOR Video Recap & More

Eagle Bulk Shipping, Inc. EGLE

We also had a new idea to start the new trading week yesterday morning by spotting and relaying a momentum play that had built a nice looking chart over the preceding sessions, but still appeared to have room to the upside.

A solid performance followed, as our reliance on the bullish indicators on the chart proved to be well-founded. EGLE still had gas left in the tank and responded with a respectable intraday increase of 31% nearly all of which was held into the close.

The stock has taken that head of steam and breached the one dollar barrier in the premarket this morning, so we’ll be very interested to continue monitoring its activity as the market opens up today.

Strikeforce Technology, Inc. SFOR

We were just updating our readers yesterday morning on SFOR, a stock which we introduced to our reports on March 31st at a low of .0007, that had already made impressive gains to the tune of more than 150%

The stock’s single day performance would nearly equal that yesterday, as it bulled its way higher throughout the entire day. It traded up from an early low of .0014 and went on to hit .0034, which worked out to a 143% intraday rip, and came on more than ten times the 3-month average volume.

From our observed low of .0007 from two Thursday’s ago, yesterday’s high translates into an overall 386% move to the upside!

We prepared a video presentation outlining the highlights of both EGLE and SFOR which you can find here:

GEVO, Inc. GEVO

We’ve talked about GEVO in our reports before, and this morning the stock is catching our attention once again after appearing in the news with an exciting revelation.

According to the release “Gevo’s renewable alcohol to jet fuel (“ATJ”) is now eligible to be used as a blending component in standard Jet A-1 for commercial airline use … Gevo’s ATJ is eligible to be used for up to a 30% blend in conventional jet fuel for commercial flight”

In addition to a door swinging open for its ATJ product, GEVO also happens to be in a good place on the chart, so we’ll definitely be putting this stock on intensive watch in sessions to come.


Added Note: Another stock which has begun to trend up off of its bottom is Rex Energy Corp. REXX, which caught a wave of momentum yesterday as it was announced that REXX had entered into a lucrative purchase agreement that will send its natural shale gas to Europe. The stock is gapping up again this morning, so we’ll be placing it our on radars as well.

Extended Watchlist:
MRPI, DEAC, SRNA, HLX, LIFE,

Blue Horseshoe Stocks: Fresh Ideas, Reviewing Winners & More

Eagle Bulk Shipping, Inc. EGLE

We caught sight of a stock that’s been building a cherry of a chart in the form of a nice bottom-bounce, the momentum from which it has sustained over the past four sessions.

We went ahead and pointed out a few highlights on the chart below. Despite already being up considerably above recent lows, a number of indicators still give us a bullish feeling on EGLE at the moment. We’ll be looking for a break of key resistance at the current 50DMA of .83. As you can see, the stock has demonstrated high month-to-month volatility, and recently made a brief but impressive swing into the three-dollar range.

We’ll keep the play on our radar in coming sessions as a return to much higher levels seems perfectly plausible at the present time.

PBR Options Recap

Before we jump into the fresh ideas we’ve worked out for today, we just want to take a second to go over the gains possible from one of Friday’s options calls. We said we wanted to track the PBR Weekly $5-6 Calls, and it was the 5.50’s that performed the best for the day.

We saw those contracts trade up from a low of .18 and reach .32 for a solid chance at up to 78% profits for the session.

Strikeforce Technology, Inc. SFOR

We also want to recap the excellent performance we’ve seen from SFOR in the seven sessions since our initial alert on the stock in our premarket report from March 31st. On that day, we witnessed a low of .0007, and the stock hasn’t looked back yet.

On Friday alone, the stock made a healthy 80% intraday rip from a low of .001-.0018. That high also registered as a 157% overall upswing over our observed low.

Extended Watchlist:
TALK, MLCG, CGRW, CANN, LIFE, GALE

Blue Horseshoe Stocks: Options Review, Fresh Ideas & More

Wynn Resorts Ltd. WYNN – Options Review

It was the wide range of options contracts we highlighted in the WYNN chain that stole the show among our interests from yesterday morning’s premarket report.  We signaled the WYNN Weekly $93-96.50 Calls for observation, and not surprisingly, saw appreciable intraday gains from every single one of them.

Just take a look at the excellent single-session profits that were on the table for traders who fell in step with our idea. There was literally no way to go wrong with these selections, but at the top end of the range, the $96.50’s were obviously the star of the show with a nearly incomprehensible intraday move of more than 2700%!

$93 Calls – Trading Range: 2.98-7.68 – Max Gain: 158%
$93.50 Calls – Trading Range: 3.61-7.15 – Max Gain: 98%
$94 Calls– Trading Range: 2.53-6.20 – Max Gain: 145%
$94.50 Calls – Trading Range: 3.71-6.08 – Max Gain: 64%
$95 Calls – Trading Range: 2.40-5.62 – Max Gain: 134%
$95.50 Calls– Trading Range: 2.43-5.00 – Max Gain: 106%
$96 Calls – Trading Range: 1.47-5.00 – Max Gain: 240%
$96.50 Calls– Trading Range: .15-4.30 – Max Gain: 2766%

The stock is gapping up again this morning, so we expect the figures on these gains to be pushed even higher upon commencement of trading at the opening bell. We’ll also look for opportunities at a higher strike range with the $100-103 Calls as well.

Fresh Options Ideas

We’ve formulated a number of other options trading ideas to close out the week, but please heed our standard warning regarding Friday trading of weekly contracts- Only expert traders should attempt such a high-difficulty and risky venture. Both of the following are options chains from which we’ve pulled down mammoth gains on countless occasions in the past: 

SPDR S&P 500 ETF (SPY) – For the SPY, which of course is a general market analog, we’re going to be monitoring Weekly $205-207 Calls with both the general markets and oil gapping up this morning.

Petroleo Brasiliero S.A. (Petrobras) PBR – For PBR we’re zeroing in on the Weekly $5-6 Calls. PBR has made notable intraday upswings on more than one occasion this week, and a continuation of that pattern could lead to some nice gain figures for these contracts.

Extended Watchlist:
FRFS, MAXD, AVXL, AXAS, LEI, ORIG, SDRL, UWTI, WTI, BGMD(Bottom-bouncer)

Blue Horseshoe Stocks: Options Recap & Other Updates

Constellation Brands, Inc. STZ – Options Review

The options trading idea that we formulated yesterday morning for the STZ chain was spot-on, and gave ourselves and our readers chances at some fantastic intraday gains. Our target range, highlighted in our premarket report was the STZ Weekly $150-160 Calls. Regardless of the chosen strike point, any of those contracts yielded prime opportunity for gains on the strength of an earnings beat:

$150 Calls – Trading Range: 5.75-10.20 – Max Gain: 77%
$155 Calls – Trading Range: 1.52-5.65 – Max Gain: 271%
$160 Calls– Trading Range: .89-2.10 – Max Gain: 136%

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We’ve got a fresh idea this morning to add to the mix in attempt to extend our success with options calls as well. We are interested in tracking the WYNN Weekly $93-96.50 Calls for some quick-strike chances on a possible dip-and-rip setup.

Vivint Solar, Inc. VSLR

VSLR is one that we’re going to want to place on watch today, for reasons that are apparent when taking a quick look at the chart we’ve annotated below. We’ve got a number of bullish indicators as well as a strong bounce off of its lows over the past couple of days.

We’ll be watching to see if the stock can maintain some of the momentum it’s built up over the preceding two sessions.

Harmonic Energy, Inc. ASUV

Yesterday morning we were just mentioning the fact that we’d successfully tracked ASUV over an incredible five week run, seeing a trading range from .0024-.043, a swing of over 1600%  The stock continued to push its upper limits, setting a new high as it traded from an early low of .03 to .051.

The move marked an intraday pop of 70% and extended our total observed range since our initial alert on the play back on Leap Day  to an earth-shattering 2025%

Pacific Sunwear of California, Inc. PSUN

PSUN is a stock that we entered into the log as a possible bottom-bounce play yesterday morning and we observed exactly the type of action we expected. Nimble-fingered traders could have gotten in and out with profits of up to 52% inside of the first 45 minutes of the session as PSUN ran from .091-.138.

We caught the company on the eve of filing bankruptcy(>>Read this morning’s PR), so it may be best to let the dust settle before considering a play on the stock again.

Other more modest gainers from yesterday’s morning report included UWTI (+10%) and MOMO(+15%), so we’ll leave those on our radar in sessions to come.

Extended Watchlist:
ZNNC, CBDS, CLDX, OLLI, VRX, ORIG, SUNE, CEQP

Blue Horseshoe Stocks: ASUV Recap, Bottom-Plays & More

Harmonic Energy, Inc. ASUV

We tagged ASUV back on Leap Day as a possible bottom-play, and after seeing the stock find support at an ultimate low of .0024 just a couple of sessions subsequent to that, it’s been a series of almost non-stop upturns since then.

One look at the 3-month chart on ASUV shows why we felt the need to circle back around and congratulate ourselves for an amazing bottom-call. As of this week, we’ve now witnessed ASUV run as high as .043. That marks an epic surge of 1692% over a five-week span!


With the chart beginning to look a bit top-heavy, we’ll now transition into monitoring for dip-and-rip type activity. In order for the stock to continue to hold our attention, we’ll want to see it maintain support above its previous resistance at .02 on any pullbacks.

Pacific Sunwear of California, Inc. PSUN

Speaking of bottom-watch plays, we’ve got another one to enter into the mix this morning in the form of PSUN. This play has appeared in our reports at various times over the past few years. Presently, as is readily apparent on the following snapshot, the stock has absolutely fallen off of a cliff following a major two-day upswing. It appears to have over-corrected to the low side.

Whenever we run across stocks in this position, our bottom-feeding sense kicks in big-time. The volatility at play over the past few sessions could be used to our advantage on the next leg up, which could be in the cards sooner rather than later, so keep an eye peeled!

On Continued Watch: LNCO & LINE

We placed both of these potential bottom-plays on watch to kick off the week in Monday’s morning report and we want to reinforce our interest this morning. As you can see from the side-by-side comparison, these two trade very closely as they are tied to the same parent entity.


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Also on our radars with big oil making a reverse yesterday, is VelocityShares 3X Long Crude ETN (UWTI). If oil continues its rebound through today as we suspect it might, there could be some interesting activity in UWTI.


Fresh Options Idea: To dip back into the options trading pool this midweek, we’re going to signal STZ Weekly $150-160 Calls for potential day/swing-trade opportunities.

Extended Watchlist:
AYI, DRWI, CJES, MOMO, TSRO

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