Blue Horseshoe Stocks: MBRX Update & More

Lumber Liquidators Holdings Inc. LL
LL is gapping up heavily in the premarket this morning, and we want to look to take advantage of the increased volatility.

With the stock trading up into the $30-range, we’re going to be looking for a possible dip and rip setup as the session kicks off. We’ll look for LL to come down off these premarket highs before ramping back up, and our targets are going to be the LL Weekly $27.50-29.50 Calls.


Moleculin Biotech, Inc. MBRX

A lot of our regular readers will remember the excellent run we witnessed in MBRX not too long ago, after signaling interest in the stock back on the morning of June 21st. It went on to run from .96 all the way up to 3.75, which was followed by a precipitous decline back to the 1.30’s.

We re-alerted on MBRX on July 18th as it began to cycle up for another run, and the upswing it has put together over the past couple of weeks has been nearly as impressive as the first major run. The stock has run from 1.83 back up to the 3.00-mark yesterday, so we’re really going to want to be on the lookout for it to test that previous swing high if it can continue on its bullish pattern.


Extended Watchlist:
S, HUSA, CBMX, SKLN, IDXG, GOGL

Blue Horseshoe Stocks: FNBC Review & More

First NBC Bank Holding Co. FNBC

As we were just mentioning yesterday morning, we first alerted on FNBC in Monday’s premarket report after noticing that the stock was looking oversold and searching for a bottom.

It did indeed find that bottom at .0932 on Tuesday, from which point it has launched a multi-day recovery, setting an amazing new high of .89 yesterday. From its morning low of .29  it ran 207% intraday, and from our observed low, a whopping 855% move up in a span of three trading sessions! It’s also worth it to mention that there is still a gap to fill on the chart up to the 2.50-range.

This definitely goes down in the books as our most exciting call to watch this week, and cheers go out to any of our readers who caught on and made a pretty penny!



Ampliphi BioSciences Corp. APHB

APHB was among our tracked stocks from yesterday morning’s report, and it yielded a very nice intraday chance with its daily performance. The stock traded up from a morning low of 2.17 and hit 4.88 just prior to lunch hour on massive volume to the tune of more than 87 times the 30-day average!

That worked out to a great move of 125% on the day, so despite gapping down in early trading this morning, we’re pleased with the opportunity APHB offered during yesterday’s session. Additionally, with the extreme volume and volatility in this stock, we won’t rule out seeing another pop from APHB on the eventual rebound.



Northern Dynasty Minerals, Ltd. NAK

We also want to give an update on NAK, which we last tagged at the end of March. Early April brought a considerable upswing from 1.21-1.85, a 53% move. Over the past several sessions that followed the stock has been under consolidation, and we want to come back around to put it on our radars again, as it looks as if it may be getting ready for its next leg up.

The RSI and MACD, which are typically some of our favorite technical indicators aren’t giving off strong signals either way at the moment, but the stock recorded a hammer candle yesterday. In a downtrend, that can be a bullish reversal signal, so we want to keep an eye on NAK as we close out the trading week.



SPDR S&P 500 ETF (SPY) – Options Idea

We also wanted to make it known that we are going to be tracking some SPY Calls today to coincide with a promising jobs numbers release, and what seems like it could be a bullish day for the markets as a whole. We’ll have the SPY Weekly $238-50-239.50 Calls* on our watchscreens today.

*Never attempt to trade weekly options on a Friday unless you are a highly experienced trader- it’s an exceedingly risky proposition.


Extended Watchlist:
COTE, GOGL, SSH, BPMX, CTRV,

Blue Horseshoe Stocks: PBR Options Recap & More

Petroleo Brasiliero SA (Petrobras) PBR – Options Recap

We seem to have an uncanny knack for using the PBR options chain to our advantage, having done that so many times over the past few years that we’ve actually lost count.

Yesterday was no different, as we signaled interest in a pair of contracts that both ended up making appreciable intraday moves. Our highlighted plays were the PBR Weekly $6 $ 6.50 Calls. The 6’s traded in a range from .21-.35 for a gain of 66%, while the 6.50’s ran 49% from .53-.79. Should PBR continue along the bullish path we could see these figures extended even higher.

We also noted an exceedingly large amount of open interest (volume) in the contracts one increment up the chain, so we’ll also be watching the PBR Weekly $7’s for today, and most likely tomorrow as well.


3D Systems Corp. DDD

We began tracking DDD on February 2nd, and despite the Groundhog’s prediction being wildly inaccurate, ours was absolutely spot-on!  We witnessed a low of 7.40 in the stock that morning and have not seen it head lower since. As you can see on the beauty of a chart, it has been virtually one continuous uptrend over the past couple of months.

As of this morning’s premarket high of $18, we’ve witnessed a 143% upswing over the time that we’ve been monitoring the stock. Recent bullish patterns that we’ve highlighted on the chart below seem to indicate the possibility of even more gains from here, so we’ll want to watch closely.

The latest surge of momentum has been helped along by a PR released on Tuesday:



SunEdison, Inc. SUNE

SUNE was a stock that we began monitoring for a bottom several weeks back, however, at the time it appeared that a rebound could be a long way off. We drew our readers attention back to the stock exactly a week ago, and after some more sideways trading, this morning we’re finally catching the break we were looking for.

The investigation which has arguably held the stock back for quite some time, yielded no findings of fraudulent activity, as can be referred to in the following piece >> Read Article @ USA Today

In the premarket we’ve seen the stock gap up more than 50% which means we should be on the lookout for the possibility of a dip-and-rip to start things off today.


Extended Watchlist:
MKAU, SNTA, CTIC, PLCM, GOGL,