ANF Archives - Page 5 of 6 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: MYHI Run Continues, Options & More

Mountain High Acquisitions Corp. MYHI

Yesterday morning’s first mention was MYHI, which we had tracked the day prior over an impressive 94% span ranging from a low of .09 to .1745 on the first trading day of the new year.

We said we’d stay on MYHI’s trail after that momentous push, and the stock responded well with another bullish session yesterday wherein it achieved a new high of .239, and closed with strength yet again. From Tuesday;’s low of .09, yesterday’s high represents a two-session upswing of 166%

We’ll reiterate yesterday morning’s sentiment in saying that we’ll continue to monitor MYHI for further recording of higher highs and higher lows, and at some point, we expect a consolidation that should lead to a dip-and-rip pattern on the chart.

Connexus Corp. CNXS

Also appearing in yesterday’s premarket report was CNXS, which went on to have quite a solid session itself, particularly in the early goings.

The stock traded in a range from .001 to .0028 inside of the first 90 minutes of trading, which comes out to an intraday rip of 180% It managed to close just above both its current 50 and 200DMA’s so we’ll definitely want to keep a space on our watch screens reserved for CNXS in sessions ahead.

Abercrombie & Fitch Co. ANF – Options Update

ANF did our bidding to a tee yesterday. While we did signal a range of extended-term options contracts, we made it a point to mention that the gain opportunities could be there right from the start. We turned out to be spot-on in that regard.

We highlighted the ANF 02/17 $12-15 Calls, which all provided chances to profit right from the word go. That being said, with loads of time before expiration, we’ll be very interested to see how a continued uptrend for ANF and the magnitude of the added gains that would facilitate.

$12 Calls – Range: 1.10-1.40 – Max Gain: 27%
$13 Calls – Range: .60-.79 – Max Gain: 32%
$14 Calls – Range: .32-.44 – Max Gain: 38%
$15 Calls – Range: .12-.20 – Max Gain: 67%

StoneMor Partners L.P. STON

We’ve spotted a bottom-bouncer in STON this morning that appears to have loads of upside potential. We’ve included a chart below, and pointed out the various aspects that have us interested in tracking the stock’s activity in sessions ahead. On top of that, we’re also taking into consideration the Form-4’s for a string of big insider buys that were made in the past week.

Should it prove able to break through resistance around the present 50DMA in the low 10.50’s, things could get more than a little interesting.

Extended Watchlist:
SFOR, EXAD, GYOG, LEXG,
NUGT($9-9.50 Calls, if it can break 50DMA)

Blue Horseshoe Stocks: Yesterday’s Major Movers & More

It was a great start to the 2017 trading year yesterday, with multiple movers offering up opportunities for solid single-session gains. In addition to a handful of the stocks we were watching streaking their way upward, our options idea also fared well, with the markets in general kicking off the year on a strong note.

Mountain High Acquisitions Corp. MYHI – First up is MYHI, which exhibited a big breakout from a low of .09 and running as high as .1745. That was good for the largest intraday gain, coming in at 94% and occurring on considerable volume.

We’ll continue to monitor the situation with MYHI, and possibly be on the lookout for a dip-and-rip pattern. Should the stock briefly come down off of these highs, there could be another opportunity to time the subsequent bounce.
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Oceanic Research & Recovery Inc. ORRV – ORRV has continuously pushed the envelope since we first began talking about it a week ago today and yesterday was no exception. We observed yet another big run, with the stock jumping from .0019 to a new high of .0036. That goes down as an intraday pop of 89%, and extends our observed range on this play inside a week by a considerable margin.

As of the .0005 we witnessed last week, yesterday’s top mark represented a total upswing of 620%

*Side Note: Anyone who participates in our daily traders chats could have gotten in even lower the previous day, at .0003, from which point yesterday’s new high marked a move of 1100% *Send a Skype contact request to “stocksumo” to participate in our in-session traders chats!
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Hiru Corp HIRU – Another excellent play was HIRU, which started the day off at a low of .0008 and persisted with a steady climb throughout the session to wind up closing at its high of day, at .0013.

That was a daily increase of 63% and of course, anytime we see a stock end the session at its high, we always want to be on the lookout for continued momentum.

ProShares Short VIX Short-Term Futures SVXY

Suspecting that the bullish premarket sentiment would spill over into yesterday’s trading session, we signaled some options in the SVXY chain, namely the SVXY Weekly $93.50-95.50 Calls.

While we didn’t sweep the range in terms of hefty gains, there was considerable open interest in two sets which allowed for significant profits- the $94 and $95 Calls. The $94’s ran from 2.30-3.64 (+58%), and the $95’s traded up from 1.75 as high as 3.39 (+94%)
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Abercrombie & Fitch Co. ANF – Fresh Options Idea

We want to signal a range of options ideas for ANF, which is just coming off of its annual lows, and showing some signs of a reversal.

We’ll want to be ready to take advantage of a recovery, by using the ANF 02/17 $12-15 Calls, which gives us several weeks for a rebound to materialize. That being said, the gain opportunities could come sooner rather than later, so we want to be mindful of that.

Extended Watchlist:
BTCS, CNXS, OMHE, VHUB, OXIS,
NUGT, JNUG(In-the-Money Weekly Calls)

Blue Horseshoe Stocks: ANF Options Recap & More

Abercrombie & Fitch Co. ANF – Options Update

Our main point of focus in yesterday’s premarket report was a bearish stance on ANF to correspond the company’s earnings miss. We wanted to use the impending selloff to our advantage, and for that we selected the ANF Weekly $22-19.50 Puts.

The activity unfolded just as we expected it would, and as a result our observed contracts provided us with nice intraday gain opportunities.

$22 Puts – Range: 2.55-4.09 – Max Gain: 60%
$21.50 Puts – Range: 1.70-4.15 – Max Gain: 144%
$21 Puts – Range: .64-3.14 – Max Gain: 391%
$20.50 Puts – Range: .48-2.60 – Max Gain: 442%
$20 Calls – Range: .36-2.15 – Max Gain: 497%
$19.50 Calls – Range: .27-1.65 – Max Gain: 511%

While the contracts don’t expire until Friday, this is likely to be a one-day idea that we’ll now be moving on from, as the chances of seeing ANF take another dramatic backslide seem rather slim at this point.

Updates on Last Friday’s Solid Picks

We want to circle back today to recap a couple of plays we added to our watchlist on Friday morning. Both have left their lows behind, with each of them going on to register new highs yesterday.

Firefish, Inc. FRFS – saw its low on Friday at .0031 and yesterday found its way up .0064, marking a 106% swing in a four session span.

Force Protection Video Equipment, Inc. FPVD – This play found its bottom on Monday at .016 before leading into yesterday’s high of .027. That goes down in the books as a three-day, 68% shift to the upside.

Fresh Options Idea:

VEEV posted a 34% year-over-year increase on revenue in this morning’s earnings report, and like usual, we want to signal a range of options contracts to monitor as a result. Our targets are going to be the VEEV 09/16 $39-42 Calls.

Extended Watchlist:
SKLN, MVES, ASCK, DLCR, GREW, BVTK

Blue Horseshoe Stocks: Bearish Options Idea & More

Abercrombie & Fitch Co. ANF – Options Idea

After noticing this morning’s earnings release from ANF, which included a big shortfall on expected sales as well as guidance for the remainder of the year, we may be interested in taking a bearish stance and using the current sentiment to our advantage with a series of puts.

We’re going to place ANF Weekly $22-19.50 Puts on watch as the stock is gapping down more than ten percent in premarket trading. If a large selloff continues to persist, we could be looking at some serious action in these contracts.

As long as the stock doesn’t recover past this morning’s premarket high of 22.95 once the session commences, this idea will remain in play.

Axiom Corp. AXMM

We’ve got an interesting chart setup on this subpenny stock that is sufficient to warrant tagging the play for observation. In addition to forming a fairly strong ascending triangle pattern, there are a number of other bullish attributes of which to take note.

As we’ve pointed out on the following snapshot, AXMM’s coming off of being oversold, and we’re going to want to see that RSI surpass the 50-line. Meanwhile the MACD just underwent a bullish cross, and if we can see a breach of the .0029-mark, there’s little in the way of resistance until you hit .0055, which would also represent a breach of the current 50DMA.

Extended Watchlist:
ADMD, CHRO, DPSI, TVPC, VRME,

Blue Horseshoe Stocks: PBR Updates & More

Options Updates

Petroleo Brasiliero S.A. (Petrobras) PBR

Yesterday morning, we let our readers know we expected more gains out of the PBR options we posted for tracking on Tuesday (PBR 04/01 $4 Calls), and we also provided a couple of weekly contracts to watch as well ($4’s and 4.50’s). As the stock continued its impressive rise, all of those ideas proved to be top-notch.

The 04/01 $4 Calls pushed their upper limit to a high of .89, which from our observed low of .13, marked a three-day swing of 585% as PBR traded up from 3.55 to 4.86.

The $4 and 4.50 Weekly Calls. also enjoyed big surges as well, as the $4’s traded in a range from .19-.80 (+321%), and the $4.50’s absolutely blew their lids, running from .02-.36; an incredible single-session run of 1700%

With PBR having gapped up to reach a high of 5.50 in the premarket this morning, we expect the values on all contracts mentioned to open up considerably higher once again, extending the total gains we’ve seen in the latter half of this week. We’ll also be monitoring $4.50-5.50 Calls today, doing so with extreme caution, which must be exercised by anyone attempting to trade weekly contracts on Friday.

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Abercrombie & Fitch Co. ANF

We also continued our coverage of the ANF Weekly $29-32 Calls in yesterday’s morning report, and the majority of those provided noteworthy intraday opportunities, despite having just delivered gains ranging from 200-386% during the previous session.

The single-session increases on some of those contracts managed to shoot even higher than they did on Wednesday!

$29 Calls – Trading Range: .96-2.20 – Max Gain: 129%
$29.50 Calls – Trading Range: .50-1.73 – Max Gain: 246%
$30 Calls – Trading Range: .30-1.32 – Max Gain: 340%
$30.50 Calls – Trading Range: .26-.82 – Max Gain: 215%
$31 Calls – Trading Range: .08-.45 – Max Gain: 463%

Rejuvel Bio-Sciences, Inc. NUUU

The options plays weren’t the only calls from yesterday morning’s premarket report to post serious intraday moves on the day. We’ve been tracking NUUU for a couple of weeks now, and the decision to include it in our watchlist yesterday was a great one.

After dipping to a daily low of .0026, the stock enjoyed a healthy surge to a .0065 high-of-day, representing a move of 150% Cheers to those of our readers who were able to catch that timely alert!

Extended Watchlist:
FTNW, SIPC, BFRE, VOIL, TMSH, NWTR, SDOC