Blue Horseshoe Stocks: SUNW Update & More

Sunworks, Inc. SUNW – Update
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We brought SUNW to our readers in our report on Friday morning, and despite having already spent nearly the whole of April in a steady uptrend, the stock is still making headway here in the month of May.

From the low of 1.264 that was registered on the morning of our initial alert, the stock made its way to 1.97 yesterday, which represents a three-day upswing and total possible gains of 56% for our readers.The stock is now well into blue sky breakout territory, so there’s no telling how much higher it could go, bu we’ll certainly continue to keep an eye peeled.


Fresh Options Idea:

Electronic Arts, Inc. EA – With a solid beat on both earnings and revs, we’re looking to EA this morning on the heels of its quarterly financials drop. Expectations on future guidance from the company have also been exceeded.

We’re going to be focusing on the EA Weekly $98.50-100 Calls in response to the present conditions and activity we are observing here in the premarket.


Extended Watchlist:
AMPG, GNMX, PAGP, CVRS, FTFT, IDEX, TROV, HUSA

Blue Horseshoe Stocks: APTI Recap & More

Apptio, Inc. APTI – Review

Despite a lousy day for the markets as a whole, yesterday brought a very interesting development in APTI, in the form of an enormous gap-up. We signaled APTI as a bottom-play in our premarket report on the first of this month, after the stock had begun to rebound following a dip to new annual lows a couple of days earlier. At the time the stock traded for as little as 24.48 a share.

We included it in yesterdays report as well, and the new high after that incredible gap-up came in at 37.80. That marks an upswing of 54% in just under two weeks, made even more impressive by the fact that the markets tanked on the day. The rapid hike was due to Sunday’s revelation that the company would be sold in an all cash deal equal to $38/share.


Fresh Options Ideas

We scan the earnings calendar each morning to ID earnings plays with the biggest potential, and today we have a pair of big name releases for which we will formulate some quick strike ideas:

HD Weekly $180 Calls
AAP Weekly $170 & $175 Calls


Extended Watchlist:
AIMT, HUSA, RGSE, ARDX, PAYX, NMM, DXR, HDSN

Blue Horseshoe Stocks: AMD Review & More

Advanced Micro Devices, Inc. AMD

Our first order of business today is going to be to take a look at the incredible year AMD has had. We’ve mentioned it quite a few times along the way, but if we track all the way back to April 26th, we see that we caught this stock at a low of 10.61.

AMD has been an absolute juggernaught all year, and this morning in the premarket trades are going off at 33.25. That’s 213% higher than our observed share price this spring, and AMD shows little sign of slowing its gradual ascent.

In terms of options ideas, we are going to put an observation tag on the AMD Weekly $32-33 Calls.


Adobe Systems, Inc. ADBE

Yesterday morning for a fresh options idea,we stated that if we saw ADBE maintain support at or above 258.49, we were going to be very interested in the ADBE 10/26 $260-265 Calls.

The stock began to make the reversal we expected yesterday, and its activity fueled the first round of gains for our calls, which were as follows:

$260 Calls– Range: 8.05-10.50 – Max Gain: 30%
$262.50 Calls – Range: 7.25-8.50 – Max Gain: 17%
$265 Calls – Range: 4.85-7.85 – Max Gain: 62%

We would not be at all surprised to have to swing back around to report much larger gains down the road on these ideas, but yesterday’s activity was a solid start.


Extended Watchlist: 
CEI, GERN, YUMA, JONE, HUSA, NIHD, QTNT,

Blue Horseshoe Stocks: Chatroom Calls, Fresh Ideas & More

Chatroom Reminder

It had been awhile since we reminded our reader of our daily stock and options traders chats on Skype. They are a free and open forum for any of our readers to participate in, and a great way to get extra ideas that aren’t included in our morning reports.

Often the hottest plays don’t become apparent until just prior to, or just after the open, and those are the ones that you can catch in our chats, along with sharing ideas of your own.

DRUS was a big winner uncovered by DJ, a regular participant in the chats, yesterday just seconds into the session. Following DRUS being mentioned in the room, the stock ran from .0057-.0325, for whopping gains of 470%

As you can see, there were some SPY calls mentioned in the room as well, and those too did very well on the day. Both those, and DRUS appear to want to continue moving today as well.

As stated above, all of our subscribers are free to join in these chats, by simply sending a Skype contact request to username ‘stocksumo‘.

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Fresh Options Idea:
We’ll also look to roll up strike prices and observe the SPY Weekly $272.50-274 Calls


South American Gold Corp. SAGD

What did make it into our premarket newsletters yesterday was SAGD, a stock whose company is about to make a shift into the cannabis space. While it didn’t begin to run just yet, we’re still very interested in the current setup of the chart.

We have posted a video chart going over why we believe SAGD is worthy of continued observation which we encourage you to view by clicking the graphic below:


UpperSolution.com URSL

Another honorable mention from yesterday’s premarket report is URSL, and it too is one we’ll want to continue to keep an eye on based on its setup on the chart.

We identified URSL as a potential bounce play yesterday, and the stock subsequently rebounded from a low of 1.70 to 2.27; a 34% swing. Further recovery could be in order so this one will remain on our radars into the holiday break.


Extended Watchlist:
NFEC, PED, GBR, VNE, AXON, EARS, HUSA, AZZ

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

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