Tag: APDN

Blue Horseshoe Stocks: Momentum Mover & More

True 2 Beauty, Inc. TRTB

TRTB is a momentum play that caught our attention when it began to break out during yesterday’s session. The characteristics of this high-flyer have us on alert for the possibility of continued upward movement, and a subsequent dip-and-rip situation. The stock has a low float, and as we know, that type of structure can give way to surges in buying pressure such as those that are fed by heavy momentum.

This stock virtually exploded yesterday, so it’s going to be very interesting to see how trading action resumes today. With such rapid movement, it wouldn’t be surprising to see significant bounce opportunities once it pulls back from these monstrous initial gains and begins to rebound.

Side Note: TRTB was actually tied to another stock that has appeared in our reports, APDN. Last month the two companies announced a collaboration agreement to develop a DNA-based authentication solution (Read Joint PR)  A quick tag search for APDN on our blog shows that we began tracking this stock years ago, going all the way back to the summer of 2012 when the stock was trading below .10. The company just completed an uplisting to the NASDAQ, and is currently trading in the 2.70-range.

Direxion Daily Jr Gld Mnrs Bull 3X ETF (JNUG)

We’ve been continuously tracking JNUG for several weeks now; on Tuesday, after tagging the play in our extended watchlist, we witnessed a 15% increase from 5.29-6.09.

Yesterday brought forth a consolidation to a morning low of 4.83, and a subsequent intraday snap-back to 5.80 (+20%) and then continued to consolidate into the close, and this morning it appears to be gapping up above the $5-mark.

We’ll be keeping a close eye on JNUG moving forward; despite the dollar being at 5-year highs, supply and demand still play a large role in gold price action, and from October-January with the Indian Celebration of Diwali and Chinese New Year coming up, demand for gold will be pushed to high levels.

Extended Watchlist:
NVAX, MAGS, ANV, IAG, RPI

VDSC, MJNA & Extended Watchlist

ALAS International Holdings, Inc. VDSC

After a slightly rocky start yesterday morning in which it pulled back to .0128, VDSC surged back, gaining 28% as it touched .0164 in the afternoon, and closed with strength near that high of day (.016). We pointed out on the chart yesterday that a Golden Cross was imminent, and that occurred as well.

We are going to be keeping a keen eye on this stock today as well, although it has already seen four consecutive days of gains, so the time for locking in profits could be close-at-hand.

BARCHART.COM is currently giving VDSC an 88% Overall “Buy” Rating

Medical Marijuana, Inc. MJNA

We’ve had this stock on our radar for over a year now. Following an alert on August 9th , it was trading as low as .032. By mid-February, we witnessed a surge to as high as .50, for an overall increase of 1463%!

Since that time, it had been in an overall downtrend until just recently falling back to the twelve-cent range. The stock has now begun to show signs of recovery, and our focus has been drawn back to MJNA due to the current setup on the chart. As we’ve pointed out below, there is a promising look to it, with the MACD having just crossed. We’d like to see it continue to hold support off of the 200DMA and 20DMA (.152 & .189 respectively) and start to push towards that 50DMA at .238.

We also wanted to talk about this old favorite of ours as the company has just released its updated quarterly report which boasts higher-than-projected net income:

Operating highlights of the quarter were as follows:

Expanded its portfolio of innovated cannabinoid based phyto-medical companies with an investment in KannaLife Sciences. KannaLife Sciences, Inc. is a late stage bio-pharmaceutical and phyto-medical company involved in the research and development of novel new therapeutic agents designed to reduce oxidative stress, and act as immuno-modulators and neuroprotectants.

KannaLife Sciences currently holds an exclusive license with National Institutes of Health – Office of Technology Transfer (“NIH-OTT”) for the Commercialization of U.S. Patent 6,630,507 “Cannabinoids as Antioxidants and Neuroprotectants” (the “‘507 Patent”).

Dixie brand received national exposure in Fortune Magazine, Boston Globe, Martha’s Vinyard Times, USA Today, Fast Company, Channel 5 Boston, increasing public awareness for the Company and its brands.

Dixie brand continued product development and captured additional market share. Currently Dixie services an estimated 90% of the addressable market based on the number of available accounts\retail outlets in Colorado.

…More highlights in the Full Report>>

Extended Watchlist:
APDN, EGLE, RGDX, FMCC, FNMA,

APDN, MWIP, ONCY & Extended Watchlist

APDN had an impressive day for the second consecutive session. The stock ran up until it hit a patch of resistance at.295, right where we asserted it would come. When added to Wednesday’s gains, APDN’s performance yesterday brought our total cumulative profits to a possible 44%

The stock has maintained its strength on the chart, as we’ve seen higher highs and higher lows on rather impressive share volume, and nearly $5M in dollar volume.

The next key level that we’d like to see broken through is .2965. As we said yesterday, a break past that level could send us into Blue Sky Breakout mode.

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MWIP was added to our extended watchlist yesterday after we observed the momentum it exhibited earlier in the week.

We are no stranger to MWIP, we began following this play back on October 16th when we put out our first medical marijuana roundup report. The stock was trading as low as .0031 at the time, subsequently surging to .005 before it dipped to find support between .0024-.0029.

Yesterday the stock was as low as .0055 and ran as high as .0076, an intraday gain of 38%

The buzz surrounding medical marijuana stocks doesn’t figure to slow down anytime soon, and this play could be headed to pennyland in the near future. The next patch of resistance from here appears to come at .0125. We’d like to see the previous resistance from .0066-.007 hold as support.

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Oncolytics Biotech Inc. ONCY

ONCY was another new addition to our extended watchlist yesterday, had a heck of a day, opening at .2.70, and running as high as 3.85 before closing out the day at 3.03 (+43%).

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Two days in a row, our selections have provided us with a couple of nice opportunities for profit. As we were saying yesterday morning, you really can’t find the kind of variety of successful plays anywhere else, that we provide here on a consistent basis. Here’s wishing everyone a safe and fun weekend, best of luck to all and happy trading.

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Extended Watchlist:
AZFL, FCEL, ALXA, GSV, SZYM, SRGE,

APDN, BCCI, & Extended Watchlist

After appearing in yesterday morning’s Extended Watchlist, APDN was the most traded stock on the OTC Market, with both the most trades (2340) going off, and the highest dollar volume ($5.5M). The opportunity to make a 31% gain on the day was present .

Back in September, the stock hit a high of .296; that will be a key area of resistance to breach, as a move past there could lead to a blue-sky breakout.

Indicators on the chart would seem to suggest that this is a real possibility.

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Baristas Coffee Company Inc. BCCI

While APDN was 1st on the most traded list, BCCI came in at a very respectable 11th. Another stock from yesterday’s watchlist, the stock recorded 306 trades, on just under $200K in dollar volume, while trading over $100K one day prior.

Yesterday, all the indicators on BCCI looked bullish; the RSI, PPO, and Slow STO all got above their 50DMA’s yesterday, showing impressive strength. The PPS cut past the 50 & 100DMA’s like a hot knife through butter. The next key area of resistance will be the 200DMA (.06). Back in March, that .06 mark was a previous support level, as the stock bounced off .061 to run as high as .128. Should BBCI continue its momentum, and break through the .06-.07 range, there should be little resistance on up to those previous highs.

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Extended Watchlist:
AZFL, FARE, MWIP, TELK, CLWR, ONCY, 

HEB, PEIX, BIOF & Extended Watchlist

HEB is new to our report this morning; we wanted to point it out due to a chart that  On Monday, the stock pulled back below the 100DMA for the first time since July. From July-Sept. HEB ran from .262-1.10, for chances at gains on the order of 320% We are keeping an eye peeled for this one, as we would be glad to take even a fraction of that kind of profit, should the stock break out again.

We’ve seen a chart phenomenon known as a Fibonacci retracement (50%). We’ve identified the key level of resistance as .68, which coincides almost exactly with the 100DMA of .67. A break past this point could be the key that unlocks much heftier gains.

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Pacific Ethanol, Inc. PEIX &

BioFuel Energy Corp. BIOF

We wanted to revisit our old favorites, ethanol plays BIOF and PEIX. We have grown accustomed to mentioning these stocks in the same breath, as we have observed that they trend together quite regularly.

We noticed these familiar stocks on our scanners yesterday, and saw them beginning to heat up once again, each testing their 50DMA’s. We want to keep these two near the top of our watchlist. Our experience with these stocks in the past has brought us highly substantial gains.

BIOF CHART

PEIX CHART

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Extended Watchlist:
BCCI, YMI, CLWR, ELAY, AZFL, APDN, DSTI, PFNI, 

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