Blue Horseshoe Stocks: Potential Rebound Plays & More

ChromaDex Corp CDXC – Update

After watching it take a disproportionately large nosedive on Monday, we highlighted CDXC in yesterday morning’s premarket report as a recovery-watch play.

Our idea remains intact heading into today’s session, with the stock making a solid 22% bounce for us right out of the gate yesterday from the open at 2.90 up to an early morning swing high of 3.55. We did witness some consolidation into the close, but the stock did register both higher highs and higher lows off of its recent bottom, so we’ll certainly be on the lookout for a continuation of that trend as we cruise through this midweek.


The JG Wentworth Co. JGWE

Speaking of bottom-bouncers, we’re interested in reserving a spot on our radars for JGWE. JG Wentworth recently failed to comply with NYSE listing requirements, and has thus been delisted and relegated to the OTCQX.

The beating the stock has taken pounded it down to a new all-time low on Monday, and yesterday we observed something of a bounce signal. We’ll put this play on watch for the possibility of further rebound action, as the stock is a egregiously oversold at the moment. Regaining even half of the ground it has lost since May ould mean gains of over 100% from current PPS levels.


Towerstream Corp. TWER

We also want to place TWER on watch this morning as we are seeing a nominal gap-up in the premarket. The stock is trading just above a multiple-bottom support level, and so we’re going to be tracking this one for its bounceplay potential as well.

The stock has a recent track record for volatile swings that we find very attractive. Early last week it ran hard from .14 to .31. In theory, a similar swing could net us multi-bag gains from here, so we’ll be sure to keep a closer eye on TWER from this point forward.


Extended Watchlist:
CSNG, SCIE, UCPA, AGTK, GRZG, TTHG

Blue Horseshoe Stock: TPLM Recap & More

Triangle Petroleum Corp. TPLM

The first thing we want to do this morning is congratulate ourselves for our timely call of TPLM in yesterday’s extended watchlist, as well as any of our readers who were able to take advantage.

The timing was indeed impeccable; Wednesday’s bullish session brought the stock comparatively modest gains compared to what was on the table yesterday. TPLM traded up from an early morning low of .35 and reached .63, for a highly respectable intraday run of 80%

The move occurred on volume which exceeded the monthly average by more than seven times, and the stock managed to close just a shade under its high-of-day at .615, qualifying it for continued observation as a potential momentum play. We’ll look for higher highs and higher lows as have occurred over each of the past three days.


INTREorg Systems, Inc. IORG

We most recently were discussing IORG in our report dated May 25th, subsequent to which we would observe quite a significant uptrend. As you can plainly see on the included chart below, it has been stringing together solid performances for two weeks straight.

Our observed low on the stock was .32 on the 27th, and since then it’s been off to the races, and yesterday the stock managed an impressive new high of 1.09 before closing with strength just a tick below that. For us to remain heavily interested in this play moving forward we are going to need to see it maintain support at or above the channel of previous resistance we’ve highlighted on the chart from .80-.98.


Fresh Options Ideas 

To close things out for the week, we’re going to provide a couple of options ideas with expirations set for next Friday, so this won’t carry the same warning we usually issue about trading weekly contracts at the end of the week. We are still quite intrigued with the possibilities for the following ranges of contracts in these two plays over the next several sessions:

H&R Block, Inc. HRB – 06/17 $21-23 Calls

Global Blood Therapeutics,Inc. GBT – 06/17 $20-30 Calls


Extended Watchlist:
CCAN, AGTK, IMLE, GNK, CJES, ONVO, OXGN

Blue Horseshoe Stocks: APRE News, Options Ideas & More

Aperture Health, Inc. APRE

We’re circling back to APRE once again this morning, after the stock has logged two nice intraday performances subsequent to our in-depth report on Monday. That morning we saw a nice 59% pop, and yesterday the stock not only managed to maintain support at the previous day’s swing low as we hoped it would, but also made a 23% intraday upswing(.031-.038), not to mention closing at its high of day. That works out to cumulative gains over that two-session span totaling 82%

This morning’s area of focus is going to be the fresh PR that just hit the APRE newswire, regarding wholly-owned sub CSS Alliance, and the striking of a new distribution deal. (Link Below)

We’ll be on the lookout for added attention brought from the PR to potentially give the stock another boost. As we’ve stated previously, due to the low-float, low-volume nature of APRE, the stock is subject to significant swings on relatively little buying pressure.

NEW YORK, April 20, 2016 /PRNewswire/ – Aperture Health, Inc. (OTC Markets.com: APRE), is pleased to announce that the company’s wholly owned subsidiary CSS Alliance has formed a worldwide exclusive distribution agreement with House Tech. Co. Ltd to become a hub in the United States to distribute, market and sell new technologies ranging from green solar powered A/C units, and powerless generators, as well as solar energy.  >>View Full PR

If you didn’t catch our full report on APRE Monday, you can find it here >>View Report


ProShares Short VIX Short-Term Futures SVXY

We’ve yet to signal any options ideas this week, which is uncharacteristic for us, so we’re also going to be zeroing in on a possible play in that arena. The markets have been strong of late, with the VIX continuously trending downward, so we’re looking at an inverse analog of that note in SVXY.

Our specific area of interest is going to be the SVXY Weekly $53.50-55 Calls.


Bank of America Corp. BAC

Speaking of possible options plays, we’re also taking note of BAC 07/15 $15 Calls which have been shown to have abnormally high open interest over the past couple sessions. Whenever we see serious cash of this magnitude flow into a set of contracts, it raises our attention. As the saying goes, you’ve got to follow the money! Therefore, we’ll be keeping this set of contracts on a long-term watchlist.


Extended Watchlist:
CHMD, AGTK, ICNV,
CLMT, RNVA(Bottom-Watchers)

Blue Horseshoe Stocks: Several Updates, New Ideas & More

Linn Co. LNCO & Linn Energy LINE

We often include this related pair together and have mentioned them several times in past reports. Most recently was a week ago today, when we called attention to the fact that their [nearly identical] charts were trading at a relative bottom and looking ripe for a rebound. It didn’t take long for our expectations to come to fruition, with both stocks posting solid performances during yesterday’s session.

LNCO ran from .355-.515 for a move equaling 45%, while LINE did slightly better with a run from .32-.50, representing a  56% intraday upswing.


Rex Energy Corp. REXX

We took notice of the momentum that had built up in REXX yesterday, leading us to include a mention of it in our premarket report. We liked its chances of continuing the pattern it had established on the heels of a purchase agreement announcement, and that’s just what it did.

From a morning low of 1.03 we witnessed REXX run as high as 1.44 shortly after 1PM. That registers as an intraday pop of 40% We’ll continue to keep an eye on this play provided it can maintain support above a dollar on any pullbacks.

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Added Note: GEVO was another one from yesterday’s report to trade solidly in the morning and early afternoon. The stock made a relatively small 20% intraday move from .25-.30. It’s still hovering around that high early on today, so we’ll be leaving GEVO on our radars also, for the time being.


Oil-Related Plays

We also wanted to remind our readers of the plays we’ve been tracking recently that are tied to big oil:

VelocityShares 3x Long Crude Oil ETN – UWTI
Petroleo Brasiliero SA (Petrobras) PBR

Both have been putting up solid performances with oil having been on a bullish tear in recent sessions. It appears as if many oil stocks are gapping up in the premarket, so we’ll be interested to follow the resultant action in our own oil-related interests. In the case of Petrobras, we want to go ahead and signal a possible options idea: We’ll be looking at observing PBR Weekly $6 & $6.50 Calls over the remainder of the week.


Strikeforce Technologies, Inc. SFOR – Recap

We also want to take a second to comment on the early move made by another of our recent items of interest, SFOR. In the video chart we published, we mentioned needing to see it hold above a specific support level and it managed to do so for the first part of the session. The stock caught a bounce off of the .0026 level and ran 62% intraday to .0042.

That daily high represented an overall new high for us as well. We’ve now seen a total jump of 500% over our observed low of .0007 from the day of our initial alert on March 31st.


Extended Watchlist:
MDVN, GSS, SDOC, AGTK, TALK, KGNX(Bottom-bouncer)

Blue Horseshoe Stocks: Leap Day Report

Happy Leap Day!

Good morning, Traders! Before we jump into today’s report- it’s February 29th- so we’d like to wish our readers a Happy Leap Day! On this, the rarest of occasions, we thought it’d be interesting to use our archives to do a four year time-warp back to the last leap day and see what we were talking about.

It turns out that we had signaled Energy Recovery, Inc. ERII as a bottom-play opportunity on the morning of February 29th, 2012, and it  turned into one heck of a long-term idea. The stock actually ran from it’s then-price in the 2.50-range to nearly 8.00 over the course of the next two years!

Flash forward to the current situation; ERII has been trending upward for the past two weeks solid, after having just announced an upcoming share buyback program a few weeks prior to that (>>View PR). Meanwhile, we have an RSI heading toward the power zone, and a MACD (not pictured) showing sharp upward divergence. We’ll monitor the stock in coming sessions on the chance that it continues the nice head of steam it has built up at the moment.


Updates on Recent Winners

INTREorg Systems, Inc. IORG

We first introduced IORG to our reports two Fridays ago, when the stock was trading as low as .62, and it has since gone on to reach a high of .88. This 42% rise came on relatively light volume. Given that IORG has such a low float (just 14.4M shares outstanding) it’s possible that only a slight amount of buying pressure can effect even larger gains than we’ve seen thus far, so we’ll have an eye peeled for increased activity.

Provision Holding, Inc. PVHO

PVHO first began appearing in our reports a few weeks back, and has continued to do so with regularity. On the day of our initial mention we observed a PPS of .084, and subsequent high of .18 (+114%). That was followed by an eventual dip back to .106 before rocketing to a new high of .25 (+136%). We’ll continue to track PVHO as long as it keeps inching its way up the chart.


Palo Alto Networks, Inc. PANW – Options Update

Among our options daytrading ideas from Friday morning’s report, one stands tall among all the others. The PANW Weekly $147 Calls ran from .10-2.00 for an incredible 1900% rip, marking not the first or second, but *third* gainer of 1500% or more for the week!

Fresh Idea: Taser International, Inc.TASR (03/04 $18.50-20.50 Calls)


Extended Watchlist:
AGTK, ASUV, USAR, HPTG, ELED,

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