Tag: ABIO

VHGI, MDIN, SUNB, IDVC & Extended Watchlist

VHGI Holdings, Inc. VHGI

&
Northstar Global Business Services, Inc. MDIN

After featuring in yesterday morning’s report, VHGI and MDIN both continued their runs from last week on Monday. With MDIN logging a 189% gain from Thursday’s low (.0037 ) to a high of .0107,
and VHGI touching .048, marking a 380% move from Friday’s low of a penny to yesterday’s high of .048, we were extremely pleased with the performance on each of these stocks.
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Sunbelt International Corp. SUNB

Another nice gain off of yesterdays newsletter was SUNB which appeared on both Friday’s and yesterday’s extended watchlist. From the .015 low on Friday to yesterday’s high of .025, a gain of 67%

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Infrastructure Developments Corp. IDVC

Another extended watchlist mover, IDVC ran from .001 to .008 before pulling back to .0015. Out of all the stocks recently mentioned in our newsletters, IDVC strikes us with the most intrigue. The chart is primed up, with the RSI just having punched through the power zone. The PPS just broke through the 20, 50 & 100DMA’s while spending a portion of yesterday’s trading session above the 200DMA. The PPO and Slow STO have both just crossed and passed up through the 50DMA, and the blue bars on the histogram are cranking up to the bullish side. There has also been a significant increase in volume over the past few days, All in all, the ripe setup on IDVC leads us to place this stock near the top of our watchlists heading into mid-week.
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Green Innovations Ltd. GNIN

GNIN is another stock that will be on our watchlist today, after we featured it in a short video chart published last night. We’d recommend everyone head over and get subscribed to our youtube channel (http://youtube.com/bluehorseshoestocks) so you can stay up to date on all of our video publications.

Some of the things we are looking for out of GNIN moving forward- We’d like to see the .89 level (50DMA) hold as support, and have the stock climb back above the 20DMA at 1.22.

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Extended Watchlist:
ANTH, ACUR, ACRX, ABIO, BBDA, ENTB, BTHR

CERP, SFOR, SCXN & Extended Watchlist

Cereplast, Inc. CERP

Yesterday morning we made sure to give everyone a heads up on the momentum and volume flowing through CERP, and we sincerely hope people were paying attention. The stock had one heck of a trading session, gapping up to at the open, touched a low of .0451 (just above the level we wanted to see hold as support) before trending up steadily to close one tick below the six-cent high of day at .0599. That represents a nifty intraday move of 33%

We’ve also pointed out a few key features on the chart below:

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Strikeforce Technologies, Inc. SFOR

SFOR was included in yesterday’s extended watchlist, and went on to turn in a great performance. Like CERP, SFOR gapped up in the morning to .003, and closed at its high of day .005 for a 67% rip. It broke a key resistance level at .0048. The next hurdle is at .0054 (100DMA), followed by .0059 and .0063, recent swing highs from last year.

Should the stock fail to make it past those areas of resistance, we will expect a pullback, however, the volume this week has totaled nearly 50M shares, which indicates that there is a chance for us to see the current momentum spill over into next week.

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Scout Exploration, Inc. SCXN

We’ve had this play on our long-term watchlist; we’ve done a profile, and a video chart in recent months. If you read the profile and watch the previous video, the stock has done everything we wanted it to do. It held support and has reached a new high, and as long as it continues to make higher highs and higher lows, we will remain bullish on SCXN.

We’ve also prepared an updated video chart which you can view by clicking below:


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Extended Watchlist:
PMCM, SNDY, TTNC, ABIO, OXGN, SUTR

Medical Marijuana Round-Up Report Vol. IV

It’s time again for yet another installment of our Medical Marijuana Round-Up Report, when we take a look at all of the plays that we’ve been tracking for the past several months in the rapidly burgeoning cannabis industry. Since early this fall, we have been able to achieve incredible percentage gains from this group of cannabis stocks:

Hemp, Inc. HEMP

When we initially began covering HEMP, the stock was as low as .027. It made a solid run all the way up to .09 before consolidating to bounce off of .037, at which point we saw another jump to .065. Consolidation occurred yet again, however it has rarely dipped below our price at coverage initiation of .027.

Yesterday, the stock surged as much as 37%, running into resistance at the 50DMA (also the HOD) of .037. It ended up closing at .034, a 23% gain on the day. In order to see some added gains here we need to breach the 100 & 50DMA’s at .036 & .037.
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Medical Marijuana, Inc. MJNA

MJNA has been a freight train over the past several days; we’ve seen positive moves every single day this week. Having broken through it’s previous high in the .16’s on Wednesday, the stock entered blue-sky breakout mode, and has traded extremely high volume over the past three sessions.

There is a lot of momentum in this stock, however when we do see a pullback, we’d like to have the previous resistance level at .162 hold as a future level of support. Below that, we have the 20DMA as support at .14. Volume of this magnitude for the latter portion of the week, is sure to spill over into Monday, so it is highly likely that MJNA will be at or near the tops of our watchlists.

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Cannabis Science, Inc. CBIS

The first time we mentioned CBIS, we saw a 150% spike from .04-.10. Since then it has held support at .048, and yesterday we had a high, momentum-fueled bounce. The stock broke through the 20, 50 & 100DMA’s and ran into resistance at the 200DMA of .06, where it closed. That represents a gain of 25% from our recent support level.

CBIS is originator the Phytiva line of hemp-based products that was recently acquired by our next big winner, XCHC.

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X-Change Corporation XCHC

We began talking about XCHC on Monday, having not dropped our focus from it all week, and were duly rewarded for our persistence. Monday’s session brought a move opened from .0699 to .079 (+13%), pulled back to a low of .056, before running back to .0699 (+25%), bringing in a total of 38% on our first day of coverage.

On Wednesday it saw a low of .0521, and surged rapidly yesterday to hit a high of .075, representing an added gain of 44%, and bringing our cumulative gains for the week to a very respectable 82%

Yesterday’s News:

DALLAS, Jan. 31, 2013 /PRNewswire via COMTEX/ — X-Change Corporation (OTCQB:XCHC), a U.S. publicly-traded company, through its European joint venture with Dupetit Natural Products, GmbH, announces that within one week the Company will move into the testing stage of development of its unique hemp-based Phytiva brand of products, as the Company prepares to bring these products to European and North American markets.

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Foy-Johnston, Inc. FOYJ
While not cannabis-related, we had to make a quick mention of FOYJ, our point of focus for yesterday’s session. We began monitoring the stock on Jan.14-15th when it appeared in our extended watchlist with a price as low as .0006.

Yesterday FOYJ gapped up to .0019 from the previous day’s close of .0014. It ran to .0024 before it dipped to low of .0013, and followed that with a bounce as high as .0018. For the ones lucky enough to catch the .0006 bottom, you could have been looking at gains in excess of 300% at yesterday’s high. During that process, savvy timing on subsequent bounces could have brought gains of as much as 65%

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Extended Watchlist:
APPA, MYRY, ABIO, TSYS, HEB, PACD, SIPC