Blue Horseshoe Stocks: OWCP’s Epic Run Persists & More

OWC Pharmaceutical Research Corp. OWCP

At this point, over a week since we first alerted on OWCP, we’re beginning to run out of superlatives to describe the uptrend that has now persisted over the span of an entire trading week. It’s increased by leaps and bounds each day, and yesterday produced one of the biggest intraday rips yet.

From its morning low of .035, the stock pushed its way to a new high of .073 for a solid double-bagger (+109%) on the day, and an absolutely massive rise of 1522% over our observed low from last Thursday.

Just as we stated in yesterday morning’s report, we want to keep our heads on a swivel concerning OWCP moving forward. When this monstrous breakout finally does end, opportunities for a subsequent dip-and-rip may present themselves, and at that point we’ll be ready to strike once again.


Ruby Tuesday, Inc. RT

We haven’t talked about Ruby Tuesday’s in our reports for nearly two years, but we see good cause to take a moment to revisit it today. Instances in which we see clear-cut short to moderate-term opportunities in both a stock and its associated options chain are rare indeed, but it appears we have just that with RT.

As you can see on the snapshot below, it just set a new 52-week low yesterday, but there was a notable recovery before market close wherein the stock recouped more than half of its daily losses. It makes RT a prime bottom-bounce candidate, and our other favorite indicators, the RSI and the MACD are both strongly suggesting that a more sustained rebound could be in the cards.



Additionally, we’re going to keep an eye on the RT 11/18 $2.50 Calls for a possible short to mid-term options trading opportunity if the recovery in RT plays out as we suspect it might.

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Added Note: We also placed the DIS 11/11 $94-96 Calls on extended watch yesterday and the stock did begin to make the move up we were banking on there, so we’ll continue to track those closely as well.


Extended Watchlist:
AGTK, APYP, HNR, RGSE, PJET

Blue Horseshoe Stocks: Momentum Plays & More

Top Ships, Inc. TOPS

We are going to place TOPS on bottom-bounce watch this morning. Yesterday the stock held in there just above its 50DMA, and recent support levels. Earlier this summer, the stock shot up exponentially so the ability to make drastic moves to the upside is present.

We’re going to throw TOPS on the radar and will remain interested in tracking its progress provided it holds above its recent swing low of 3.67. As you can see on the included chart snapshot, the MACD appears to be converging toward an impending bullish cross, to that will be a signal to watch for as well.


Northwest Biotherapeutics, Inc. NWBO

Here’s a stock that has had a whirlwind couple of sessions this week, breaking a long pattern of consolidation with two extremely bullish sessions.

We’re going to want to place NWBO on watch as a possible momentum play on the chance that it continues this multi-day run. As long as it can maintain support above yesterdays low which coincides with the 50DMA at .43, we’ll be watching for more solid intraday moves.


Agritek Holdings, Inc. AGTK

We began tracking AGTK at the beginning of August (08/02), and most recently reminded readers about the stock yesterday morning.

What followed was a nice intraday pop, and new overall high as it ran from .0026 to .0035, for a 35% swing. From the .0013 low we observed just after our initial alert on the play last month, yesterday’s high represented a total increase of 169%

It both cracked and held above its 200DMA into the close and the RSI just managed to breach into the power zone. We’ll be anxious to continue tracking its progress moving forward following these bullish signals.


Extended Watchlist:
AEZS, MTNB, NYMX, HNR, RELV, GBSN

Blue Horseshoe Stocks: New Options Ideas

Jammin Java Corp. JAMN

We’d like to radar a familiar old play that we haven’t taken a close look at in nearly a year. JAMN, over the course of the past couple of months, has tumbled its way back to bargain-basement prices.

Now a subpenny play attempting to get a leg up over newly-registered 52-week lows, we’re going to be observing the stock for a potential recovery in sessions to come, as regaining just a fraction of the ground it’s lost recently could spell multi-bag upswings from current PPS levels.


Fresh Options Ideas

We’ve got a couple of new ideas on the options trading front this morning, and based on positioning on their charts, both of the following stocks may also be ripening for possible swing-trade opportunities.

Ford Motor Co. F – In addition to a slight ascending wedge pattern, F has a sizable gap to the upside not far off of the current pricing. Additionally, short interest on the stock has decreased by a large margin, setting us up to track some potential options ideas to correspond with what we think should be some upward momentum in coming sessions.

Along with F stock itself, we’re going to be tracking the F 10/14 $12-13 Calls for possible swing trades.
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Freeport-McMoRan, Inc. FCX – We’re interested in this copper play for a couple reasons this morning. A huge asset sale valued at roughly $2B hitting the newswires (>>Read More) is what has drawn our attention to FCX, in conjunction with a bottom bounce signal off of 5-month support levels on the chart.

We’ll be on the lookout for chances in the FCX 10/14 $11-12 Calls. Like the previously mentioned play, time won’t be as much of a factor here, with just over a month until these contracts are set to expire.


Extended Watchlist:
KTOS, NUGN, TURV, AGTK, TPLM

Blue Horseshoe Stocks: AGTK Recap, Options & More

Agritek Holdings, Inc. AGTK

The standout runner from yesterday morning’s premarket report ended up being AGTK. We noticed it had been ramping up in PPS over the preceding two sessions, and figured it was worth tracking. We were right on in our assumption, as the stock traded in a respectable daily range, running into the close with strength.

AGTK saw an early low of .00168 before running to a high of .0025, representing a single-session spike of 49% The move came on stronger-than-average volume, and marked the third straight session of higher highs and higher lows.

We’ll remain interested in tracking the activity in AGTK provided it can hold support at or above .002; next key areas of resistance are at the 50 and 200DMA’s at .0029 and .0031, respectively.


Options Ideas:

We’ve got a pair of options chains to watch as well, for the following ideas:

Ford Motor Co. F – Our idea concerning Ford is based more off of technical factors of the current chart. As you can see, there are a number of indicators pointing to the possibility of a forthcoming recovery. We want to select a set of contracts with an extended expiration to give our idea time to manifest; the F 09/16 $12.75 Calls. The stock is searching for a bottom, and we’ll need to wait until just the right moment when it begins to rebound and possibly make a run at filling the gap.


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Time Warner, Inc. TWX – The other plays we’re going to be keeping an eye on are short term, weekly expiration ideas: TWX Weekly $77-79 Calls.


Odyssey Marine Exploration, Inc. OMEX

Lastly, we want to put another new play on watch, based purely off of the look of the chart. As you can see, OMEX is in the process of filling a major gap on its chart from this spring, and it just bulled through its 200DMA yesterday. The RSI has also cracked into the power zone, so we’ll definitely be observing the near-term activity on this play.


Extended Watchlist:
ASTI, COSI, TEUFF, MGT, PTX, SHIP, GLBS

Blue Horseshoe Stocks: Chatroom Calls, More Ideas

From Our Daily Traders Chat

Based on the events of yesterday morning, it’s time once again to point out why we strongly suggest our readers also take part in our daily live traders chats via Skype.

Promptly at the opening bell, as you can see on the screen-snap below, we signaled interest in WCYN, which subsequently went on a huge intraday tear that took it from a low of  .0035 to as high as .047; that’s a move of 1243%

We also alerted TOPS at that time, and it made a run from 4.35 to a high of 7.09 for a 63% pop on the day. The stock is trading up over 7.50 in the premarket, so it looks like our observed gains are set to increase this morning.

Both of these plays are great examples of late-breaking opportunities that don’t make it into our daily reports, but that we still make available to our community of traders, and that includes YOU! To get involved, simply send a Skype contact request to username: “stocksumo” and we’ll get you all set up!


Kraig BioCraft Laboratories, Inc. KBLB

Yesterday we were outlining our July 13th report wherein we alerted KBLB, which was trading as low as .0261 at the time. To that point we’d seen it accumulate a gain of 164%, hitting .069 on Friday.

We also mentioned that we’d continue to track the stock if it could hold support above .04, and KBLB did us one better; it ran 27% from .075 to .095, and extended the overall increase we’ve witnessed in just over two weeks to an impressive 264%



CGrowth Capital, Inc. CGRA

After appearing in yesterday’s premarket report, this old familiar face produced a decent chance for some solid intraday profits. CGRA traded in a range from .0235 to .032, a notable jump of 36%


Options Idea:

Shire plc SHPG – Coming off of a premarket earnings release that has SHPG gapping up moderately in premarket trading this morning, we want to signal a range of options contracts to track in sessions ahead.

We’re looking at the SHPG Weekly $197.50-202.50 Calls. We’ll be interested in these calls provided SHPG holds support above the $195 mark on any initial pullbacks off of this morning’s gap-up.


Extended Watchlist:
AGTK, AMLM, LEXG, ONOV, BAS, EMKR,

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