Tag: CATB

Blue Horseshoe Stocks: ICLD, CATB Recaps & More

Intercloud Systems, Inc. ICLD

We caught ICLD coming off of its bottom, and tagged the stock in our report from two Thursday’s ago on the 2nd. Subsequent to that, we would witness a low of .0157 in the stock, and since then it has been one big bullish run that led to an impressive new high on Friday.

We’ve stayed with it each step of the way as it rose from that .0157 low to Friday’s top mark of .0465. That works out to a fantastic move of 196% which occurred over a period of just seven trading sessions.

The sheer amount of activity in the stock on Friday, with more than $6M worth of ICLD shares changing hands, coupled with the strong close has us very interested to track its movements as it leaves the starting gate this morning.

We also prepared a video presentation of the ICLD Chart and its recent movements that you can view by clicking the graphic below:

Catabasis Pharmaceuticals, Inc. CATB

Speaking of catching plays coming off of their bottoms, we signaled CATB in Friday’s premarket report, noting the monster gap on its chart to the upside.

We highlighted this one just in the nick of time, as the move it made during Friday’s session ultimately provided for the filling of around three quarters of that gap. CATB ran from a low of 1.58 and went on to hit a high of 2.76, for a very respectable intraday pop of 75%

In terms of what we want to see moving forward, we’ll be looking for CATB to maintain a level of support each day higher than the previous session.

Side Note: These two winners (ICLD, CATB) from Friday’s report also happened to turn in the two top-gaining performances for the entire NASDAQ exchange for Friday’s session!


Aviragen Therapuetics, Inc. AVIR

We also want to issue a quick alert on yet another potential bottom play that appears to be perfectly primed for a rebound. As you can see plainly on the chart snapshot below, there is a sizable gap to fill to the upside, and our favorite indicators are screaming ‘bullish’ at this point.

The chances of seeing a rebound out of AVIR sooner rather than later seem quite good as we kick off another trading week.

Extended Watchlist:
CBR, FATE, TENX
CETX, ORPN (Bottom-Bouncers)

Blue Horseshoe Stocks: More New Highs for OCRX, Updates

Ocera Therapeutics, Inc. OCRX

We caught OCRX coming up off its bottom and included it in Wednesday’s morning report. That day the stock ran from .77 to 1.15 (+49%) on massive volume.

We mentioned as much in yesterday’s premarket report, highlighting the strong close, and noting that “another bullish session could be forthcoming” provided the stock didn’t dip below 1.10 on any pullbacks. We got just what we were looking for; another bullish session as the stock traded up from 1.24 to 1.94, an intraday increase of 56%

It registers as a two-day swing of 152% over our observed low from Wednesday, and we’re going to want to be on the lookout for the stock to have a strong close to the week as well. It closed at 1.89, just under the high of day, once again with huge volume on the order of sixteen times the monthly average.


Caterpillar, Inc. CAT – Options Update

Our regular readers will recall our options idea on Caterpillar that we offered up in our report from last Friday morning. We were tracking the stock over a significant backslide in the sessions leading up to that and felt it had further to fall, so we highlighted the CAT 04/07 $88-85 Puts, choosing an extended expiration date to give our idea time to mature.

Since then, it has worked like a charm, with our identified contracts each making triple-digit percentage gains as CAT stock continues to fall:

$88 Calls – Range: .50-1.36 – Max Gain: 172%
$87.50 Calls – Range: .51-1.22 – Max Gain: 139%
$85 Calls – Range: .27-.74 – Max Gain: 208%


Bottom-Bounce Watchlist

Catabasis Pharmaceuticals, Inc. CATB – We’re interested to follow CATB, which we noticed is coming up off its bottom and gapping up in the premarket this morning. Even at its early high of 1.79, there’s still a sizable portion of the monster gap we pointed out below left to fill.

Pareteum Corp. TEUM – In the case of TEUM, it began to show hints of a reversal yesterday after several bearish sessions, and it too is gapping up in premarket trading today. We’ll keep an eye on this one as well.

Extended Watchlist:
CCTL, MYSZ, PRKR, SRRA, DCTH