DXTR Archives - Page 2 of 2 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: IDXG Recap & More

Interpace Diagnostics Group, Inc. IDXG

Prior to yesterday morning’s report, we last mentioned IDXG last Thursday, and the stock has made quite a nice upswing from between then and now. We witnessed a low of .72 in IDXG subsequent to our alert last week. Yesterday’s session carried the stock from .8825-1.13, for an intraday push of 28% and a total move off of last week’s lows amounting to 57%

This morning in premarket trading IDXG reached yet another new high at 1.28 extending our total observed range in under a week to 78% We’ll look for IDXG to continue to register higher highs and higher lows and put together a more sustained rebound.

Urban Outfitters– Options Idea

It’s been over a year since our last options idea for the URBN chain, which incidentally yielded multi-bag profit opportunities.

We’re going to come back to URBN this morning on the heels of the company’s post-market earnings report,the effects of which have boosted the stock considerably here in the premarket.

We’re going to play it the way we normally do in these instances where an earnings beat causes a rapid gap-up, and be on the lookout for a dip-and-rip pattern. We’ll be tracking the activity in the URBN Weekly $19-20.50 Calls.

Extended Watchlist:
RADA, PSTI, DXTR, IMMY, BITCF, BTSC, BSTC, GAHC, ZRZH

Blue Horseshoe Stocks: DXTR, Options Recaps & More

Dextera Surgical, Inc. DXTR

Among our extended watchlist plays slated for observation in yesterday’s premarket report, was DXTR, a stock that we intially tagged on June 1st, and in which we witnessed a subsequent low of .1745. We included a second reminder on June 12th, and of course once again yesterday morning.

Yesterday the stock put up a fine intraday performance en route to setting new highs for us. From its daily low of .275, it ran as high as .3855, which comes out to a 40% jump. From our original low earlier this month, DXTR has risen 121% Volume over the past week has picked up considerably, and yesterday the stock traded more than five times its monthly average volume.

It also held more than half of its daily gains on that volume. In such instances, we always lookout for a continuation of momentum into the ensuing session.

Darden Restaurants, Inc. DRI – Options Idea

In the wake of a hearty earnings beat on DRI, whose chains include Olive Garden, Red Lobster and LongHorn Steakhouse among others, we focused on some options ideas, the DRI 07/21 $90-97.50 Calls.

While the moves weren’t quite on the level of many of our options calls, which often yield percentage gains in the hundreds and thousands, there’s still plenty of time before expiration and all the contracts in our observed range got off to a solid start.

$90 Calls – Range: 3.40-5.70 – Max Gain: 68%
$92.50 Calls – Range: 1.94-3.50 – Max Gain: 80%
$95 Calls – Range: 1.02-1.95 – Max Gain: 91%
$97.50 Calls – Range: .52-.94 – Max Gain: 81%

As we pointed out, these contracts don’t expire for a few weeks, so we’ll continue to keep an eye out for further activity in DRI.

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Fresh Options Idea: Chicago Bridge & Iron Co. CBI Weekly $20-22 Calls

Sophiris Bio, Inc. SPHS – Update

We want to keep SPHS on watch as well. We tagged this as a bottom play on Monday, and it has since made a modest move from a low of 2.07 to 2.41. While it just works out to a nominal gain of 16% so far, we’ll remain interested for as long as it maintains its new trend of recording higher highs and higher lows as it has each day this week.

Extended Watchlist:
ALQA, IDXG, ITKG, ANY, NVIV, HUSA

Blue Horseshoe Stocks: MARA, AVEO Recaps & More

Marathon Patent Group, Inc. MARA

Our initial alert on MARA came on Thursday morning along with a low of .22, as we were just mentioning in yesterday’s premarket report. We had already seen a 100% move on Friday leading into yesterday’s session. We mentioned that MARA could see the .50 range or better yesterday before the session kicked off, and it’s as if we had a crystal ball.

MARA ran from .3718 – .5515 on the day, a 48% push, extending our total observed range on the stock from last Thursday until now, to an impressive 151%

AVEO Pharmaceuticals, Inc. AVEO

After signaling AVEO on Friday morning and watching it set a new 52-week high on the day on enormous volume, we doubled down in yesterday’s report, stating that we wanted to continue to track its progress for continued upward activity, and it was good thing we did.

AVEO wasnt finished, and yesterday’s session was the strongest performance we’ve seen yet. The stock ran fom 1.33 to 2.11 for a 58% intraday rip, and a total two-session swing over our observed low on Friday (1.05) of 100%

Rennova Health, Inc. (Warrants) RNVAZ

We tagged RNVAZ in yesterday’s premarket watchlist, and it turned out to be a great play for the day. It traded up from a low of .05 to as much as .1446 inside of the first 40 minutes of the session.

That worked out to an intraday pop of 189% and it happened on a daily volume of more than 21X the monthly average.

Darden Restaurants, Inc. DRI – Options Idea

DRI (owner of Olive Garden) posted boosted sales and outlook in an impressive earnings beat, and we want to signal a range of options to coincide with what could be a surge of bullish activity. We’ll be focusing our attention on the DRI 07/21 $90-97.50 Calls for potential swing trades.

Vivint Solar, Inc. VSLR

We tagged VSLR back on May 18th at a low of 2.75. On Friday, we were just mentioning how the stock had continued to bull its way up the chart, and we’ve yet to see a down day in nearly twenty trading sessions.

Yesterday VSLR hit a new high of 5.85 marking a total swing of 113% over our witnessed low, and closed at that mark as well. At some point very soon the growth will become unsustainable, granted how overbought the stock is at the moment, but for what it’s worth, to this point, VSLR has been one of the most steady risers we’ve seen in recent weeks.

Extended Watchlist:
ABIL, DXTR, NVIV, SYN, IGC, PTN

Blue Horseshoe Stocks: DCTH Review & More

Delcath Systems, Inc. DCTH

We flagged DCTH in Friday’s premarket reportas a prime bottom-bounce candidate that could be in line for a serious rebound, and even despite the markets as a whole taking a gut punch, it ended up being a great single-session play, and the NASDAQ’s top gainer.

From an early low of .0501 the stock surged as high as .0845, which works out to an intraday rise of 69% and it occurred on more than ten times the 30-day average volume, with DCTH logging its second-highest daily volume of all time.

We’d say our timing was extremely fortuitous on this rebound play, and with the kind price action and liquidity that we witnessed Friday, we’ll definitely be interested to see how the action unfolds to kick off this new trading week.

TrovaGene, Inc. TROV

We wanted to make mention of TROV this morning after noticing a cherry of a PR buzzing over the newswires. The company announced an agreement to provide tests and services for pharma giant AstraZeneca.

Whenever we see one of these smaller pharma company’s have joint news with a big player in the sector, we always want to pay attention to the stock. A perfect example of this is Pieris Pharmaceuticals, Inc. PIRS, which we signaled back on May 4th when that company also had news tying it to none other than AstraZeneca. What followed was a 55% run lasting nearly a month that took it from 3.26 the following day to a high of 5.06 last Monday, the 31st.

On the chance that TROV experiences a similar bullish push on the heels of its own AstraZeneca announcement, we’re going to be sure to have this one on watch in coming sessions.

Ascena Retail Group, Inc. ASNA

We’re also taking notice of a nice technical setup on ASNA, which owns the Lane Bryant retail brand among others, and was another of the NASDAQ’s top gainers of the day on Friday.

The activity came in the wake of a rather disappointing earnings release in terms of financials, but investors clearly responded well to the company outlook moving forward.

As you can see on the included snapshot, the stock picked up speed in its recent ascent off of a bottom, and began to fill a gap on the chart to the upside. We also have a number of other indicators pointing to a possible continued uptrend, so we’ll afford this stock a slot on our watchlist.

Extended Watchlist:
XBIT, DXTR, RWLK, ABIL, ADHD, ENRJ

Blue Horseshoe Stocks: GYST Video, Other Updates

The Graystone Company GYST

Our first order of business this morning is to provide an update on GYST, which was the subject of our special report yesterday. If you did not catch our report, you can do so by hitting the following link >>GYST REPORT

To illustrate GYST’s performance during yesterday’s session, what better way to go over it than a video chart from our very own Stock Sumo! Click through to the video below, and also receive a quick lesson in understanding Level 2 quotes, which is vital for any beginning trader to take the next step!

>>GYST Video

The dip-and-rip we saw in GYST from .007 to .012 represented an intraday upswing of 71%, so, a very good first day of observation. As Stock Sumo was mentioning, we want to see GYST hold support at or above the channel between .0064-.007 on any pullbacks, and will look for an eventual break of resistance at .0125.

OTHER UPDATES:

Viva Entertainment Group, Inc. OTTV -We tagged OTTV in Friday’s extended watchlist and we wanted to circle back this morning to mention the solid activity that followed from this stock over subsequent sessions.

On Friday, we observed a low of .0004 and witnessed a pretty nice 75% rip to .0007. As of yesterday, OTTV had extended its high to .001, and boosted our three-session observed upswing on the stock to a nice, round 150%
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Pilgrim Petroleum Corp. PGPM – For another quick update, we’ve witnessed a pretty good two-day swing in PGPM after alerting it in Tuesday’s premarket report, and observing a low of .011. Yesterday, the stock hit .0183, which was good for a respectable overall move of 66%

Dollar General Corp. DG

We want to leave off this morning with an earnings-related options idea. We’ve had a ton of success this earnings season, and will try to keep that going with Dollar General.

Not only did the company reveal a beat on sales and profits for the quarter, but the current chart setup was already primed for a bullish move. We’ll be putting the DG Weekly $75-78 Calls on watch for potential day and/or swing trades.

Extended Watchlist:
SPI, MNKD, PLX, DXTR, CYTX, NIHD