EEGI Archives - Page 6 of 6 - Blue Horseshoe Stocks

Blue Horseshoe Stocks: MINE Recap, M Options & More

Minerco, Inc. MINE

MINE was one of a pair of plays we tagged for observation in yesterday morning’s premarket report that offered up the chance at some nice single-session gains.

The stock traded in a range from its early morning low of .008 and essentially spent the entirety of the session trending up. It led to a high of .012 shortly before the closing above its 50DMA, and it marked a solid intraday pop of 50% The move came on nearly 8 times the monthly average volume as well, so we’ll be on the lookout for further activity from MINE.

A key area of resistance will be the stock’s previous swing high of .014 from late June.

Eline Entertainment Group, Inc. EEGI

The other mover from yesterday’s watchlist was EEGI. This subpenny has a track record of volatility, and it played to our favor quite nicely with a respectable intraday run.

From a low of .0011 it reached as high as .0015, a 36% move on slightly greater-than-average volume. The stock tends to bounce around freely within the .0005-.002 range, so we may look to catch this one on a future dip-and-rip, which the chart history seems to suggest is a strong possibility.

Macy’s Inc. M – Options

Macy’s is fresh off of a big beat on earnings and is gapping up big in the premarket. As always when we run across this type of situation, we want to signal a range of options calls to correspond with the forthcoming activity. The sheer number of times we’ve reaped rewards from earnings-fueled options trades is getting too high to count. We’ve actually done so with Macy’s itself on multiple occasions.

The target range we’re going to zero in on is the M Weekly $36.50-39.50 Calls, for potential daytrades and possibly even swing trades into tomorrow’s session, depending on this afternoon’s activity.

Extended Watchlist:
KEGX, WDDD, IMI, WAC, SPWR, GSV, NYMX(Potential Bottom-Bouncer)

Blue Horseshoe Stocks: Options, Bottom-Plays & More

MarilynJean Interactive, Inc. MJMI

We want to circle back around to a play we tagged for observation last week. MJMI has been making a good deal of progress, showing upward momentum over the past couple of sessions.

Subsequent to our mention of the stock we took note of a .091 low (Friday), and after a couple days on the upswing, MJMI reached a high of .216 yesterday afternoon. It represents a three session-swing amounting to 137%

We’ll want to see the stock maintain support at or above the 50DMA at .16 on any pullbacks in order to remain interested.

Potential Momentum Plays

Each of the following stocks represents the possibility for continued momentum coming into this morning’s sessions. Both closed just a shade under their respective highs-of-day, and will be placed on watch as we cruise through midweek.

CollabRx, Inc. RNVA – We’re no strangers to this stock, which is in the midst of filling a sizable gap on the chart that presently runs from current PPS levels in the mid-to-upper .30’s, on up to around .47.

Yesterday RNVA hit a high of .39 before closing just below at .37. We’re looking for the stock to produce its fourth consecutive session of higher highs and higher lows today.
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Intermolecular, Inc. IMI – IMI is new to our reports this morning, and qualifies as both a bottom-bouncer as well as a potential momo-play. It also ended up closing with strength, just a hair shy of its daily high yesterday.

It comes less than a week removed from a big PPS dropoff, so we’ll be on the lookout for the stock to continue this rebound and regain some of the ground it has lost over the past week or so.

Tempur Sealy International, Inc. TPX – Options Update

We also want to provide a quick update on the TPX longer-term options idea that we’ve been tracking for over a week now. We were initially interested in the TPX 08/19 $70-80 Calls. The $70’s have since been pushed too deep in the money, but over the past week both the $75’s and $80’s have performed quite well:

$75 Calls – Range: 1.91-4.50 – Max Gain: 135%
$80 Calls – Range: .38-1.35 – Max Gain: 255%

We’ll continue to track these plays leading into their expiration next Friday.

Extended Watchlist:
ECPN, MINE, EEGI, ASPS, PLG, JD

Blue Horseshoe Stocks: Options, VHUB Recaps & More

Tempur Sealy International, Inc. TPX – Options Update

In Friday morning’s premarket report, we were providing updates on an options trading idea that we’d initially put forth on Thursday, the TPX 08/19 $70-80 Calls. The three sets of contracts had managed to yield gain opportunities ranging from 60-118% in that first session.

We also mentioned that because of the extended expiration date, we’d want to stay hot on the trail of this idea, and it was a good thing we did, because potential profits were extended with new highs in every case.

Our total observed gains over a two session span are as follows:

$70 Calls – Range: 3.00-6.10 – Max Gain: 103%
$75 Calls – Range: .90-.2.54 – Max Gain: 182%
$80 Calls – Range: .25-.60 – Max Gain: 140%

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Amazon.com, Inc. AMZN – Recap

As a fresh daytrading idea, we also submitted the AMZN Weekly $762.50-770 Calls for observation on Friday, and saw some nice chances for solid gains there as well, early on in the session.

All of these huge moves occurred prior to the lunch hour:

$762.50 Calls – Range: 1.56-4.57 – Max Gain: 193%
$765 Calls – Range: .88-3.46 – Max Gain: 293%
$767.50 Calls – Range: .64-3.00 – Max Gain: 368%
$770 Calls – Range: .16-1.15 – Max Gain: 619%

Vapor Hub International, Inc. VHUB

VHUB appeared in our morning report on Friday as well, and put up a notable intraday run itself. From a low of .008, it broke out of subpenny territory and reached as high as .018. That was good for gains of up to 125% on the day.

Ideally, we’d like to see the stock maintain its penny-plus status moving forward, but technically, it would hold our interest as long as it stays above Thursday’s swing high of .0094 on any dips.

Kraig BioCraft Laboratories, Inc. KBLB

We recently came back to stock that we’ve covered a lot in the past. On July 13th we alerted the play, when it was trading as low as .0261, and on Friday, the stock hit a high of .069, marking an upswing of 164% in just over two weeks’ time.

We’ll continue to follow its progress as we kick off a new trading week, granted that it closed with strength just a tick below its high of day. In order to keep our attention, we’ll need to see it hold support at or above .04 on any forthcoming consolidations.

Extended Watchlist:
TRTC, EEGI, CGRA, SNMN, USPR, MSTX, KOOL, ONVO

Blue Horseshoe Stocks: TRIP Recap, Bottom-Watcher & More

TripAdvisor, Inc. TRIP

Based on what we were seeing in yesterday’s premarket activity, we floated several sets of contracts to monitor for opportunities. The Weekly 78.50-82.50 Calls were our short term target range, with a longer-term idea of the 10/30 $85 Calls.

The biggest winners among those sets of contracts were the $80, $81, and $82.50 Calls, and we even saw a big jump in our longer-term calls as well.

$80 Calls – Daily Range: .85-4.10 – Max Gain: 382%
$81 Calls – Daily Range: .66-3.20 – Max Gain: 385%
$82.50 Calls – Daily Range: .30-2.25 – Max Gain: 650%
10/30 $85 Calls – Daily Range: 1.00-2.20 – Max Gain: 120%

Remember, yesterday we also mentioned that TRIP has a gap on the chart from roughly 86.50 to the $92 area. We’re still going to be open to the possibility of seeing that happen in coming sessions. Naturally, we’d have to re-assess and roll up our strike prices to stay closer to the money if things indeed unfold in that manner. Should we see another dip, we’ll just want to be sure TRIP continues to record higher lows each day in order to hold our attention.

Terra Tech Corp. TRTC

We want to radar TRTC as a potential bottom play. The stock recently came down to find support around a previous swing low from this summer, and is showing signs of life.

This morning the company released a positive PR relating to its cannabis products now being available in many more dispensary locations in California. We’ll be anxious to see how the combination of the news, and a ripening chart affects TRTC’s PPS in the days ahead.

Terra Tech Subsidiary IVXX Adds 60 New California Retailers Following New California Legislation (Thu 8:30AM EDT)

Extended Watchlist:
GEQU, MLPH, EEGI, SIRG