Tag: AAPL

AAPL, MWIP & Extended Watchlist

Apple, Inc. AAPL

AAPL has always been a passing focus of ours. We were able to take advantage of this tech giant several times last year, especially with regard to options trading. Yesterday the stock saw a move off of its low of 454.12 to close at 468.22. Any time you are able to see a 1-3% move on Apple, you can be rewarded with gains into the triple-digits out of the options. For those unfamiliar with this aspect of trading, downtrend signals a play for the Puts, and of course the opposite trend requires purchase of Call contracts.

AAPL is trading up over 470.00 pre-market this morning, so it looks like we are in an uptrend with key resistance at the 20DMA of 474.83. A break past that area would mean big profits on the Call side of things.  We will be looking at both puts and calls with a strike price close to the money today, most likely at 470.00, and 475.00.

___

MediSwipe, Inc. MWIP

We called a pullback on our marijuana stocks in the middle of the week. Yesterday signaled the end of the consolidation period for many of those stocks, as MJNA, HEMP, ERBB, all began to bounce back.

MWIP on the other hand, has seen three days of gains in a row, and yesterday the stock touched a new high. We have a favorable chart pattern here; the RSI is in the power zone, with the Slow STO having just crossed, and the PPO gearing up for a cross itself.

BARCHART.COM is currently giving MWIP a “100% Buy” Rating

___

Extended Watchlist:
LWSP, ONCY, TZYM, ZNGA, PEIX, AEZS,

Happy Holidays From Blue Horseshoe

We’d like to wish everyone a happy holiday, first and foremost, however you celebrate the season. We’ve been on a hot streak recently, so we urge everyone to stay with us through the last week of 2012 as we begin the new year on a good foot.

___

MediSwipe, Inc. MWIP

MWIP recently provided us with a huge opportunity; following our first mention of the stock back in October, we witnessed a run from a low of .0024 all the way up .0199, as pointed out on the chart below. At its peak, a run that could have yielded gains of almost 730%.

It is currently holding above a penny, and we’d like to see it continue to do so into 2013.

___

Extended Watchlist:
ECOB, RXAC, HALO, APPY, CEMI, AAPL

AAPL, MDHI & Extended Watchlist

Apple Inc.  AAPL

Apple options continue to be a lucrative venture for us. The October 20th $650 Calls that we pointed out last week did a bang-up job, yesterday running from 1.06 to 6.81 before closing at 6.15.  We also mentioned how the stock likes to bounce off of the 100DMA. As the week comes to a close those options are going to expire, however as yesterday’s 500% rip showed us, the remainder of this week could provide added opportunity. After Friday we will be turning our attention to the Nov. 17th $650 Calls.

____

Medical Alarm Concepts Holding, Inc. MDHI

MDHI experienced a minor pullback yesterday, dipping to .0035, then rebounding to close at .0042, which did make for a possible 20% intraday gain. We are looking for support to hold at .0035 moving forward. There was also a bit of positive press that hit the wires this morning that we’ve highlighted below.


Fall Promotion Results in Blow Out Sales — Expect to Sell Out of Inventory — More MediPendant Product on Order from Factory
KING OF PRUSSIA, Pa., Oct 16, 2012 (eTeligis.com via COMTEX) Medical Alarm Concepts Holding, Inc. (OTCQB: MDHI.PK) today announced it has kicked off its fall retail Internet sales promotion programs, which are resulting in extremely strong incremental sales. In order to meet this very strong demand, the company is in the process of hiring additional staff and acquiring additional MediPendant inventory via the acceleration of factory deliveries.

____
ADDED NOTE: We’d also like to congratulate anyone that capitalized on yesterday’s medical marijuana round-up report. HEMP earned us a spot on the Penny Stock Rumble top gainers list for its 39% intraday run from .027-.0374.

(We also still want to keep the rest of the plays we mentioned on watch: GRNH, RFMK, MWIP MJNA, CBIS)

____Extended Watchlist:
KNSC, EGCT, PPHM, FRO, STEM, BCOM,