Tag: PLPL

Blue Horseshoe Stocks: Weekly Wrap-Up, Options Plays & More

Marijuana Company of America, Inc. MCOA

Following today’s session, we will have been tracking MCOA’s movements for exactly one month. When we first began talking about this play in early October it was trading in the subpenny range (.0094), and the results of one heck of a bullish month carried the stock to nearly twenty cents!

We had already seen a rise leading up to yesterday morning’s update on the stock of 1200% but the epic run wasn’t finished. The stock traded in a daily range from a low of .083 and hit an incredible new high of .1985 before tapering off into the close. That worked out to an intraday run of 139%

From our observed low it measures as a one-month overall upswing of 2011% which is one of the largest gainers we’ve bagged all year where stocks are concerned (Our options calls reach percentage gains of more than 1000% fairly routinely).

Galenfeha, Inc. GLFH

Also continuing its multi-day run yesterday was GLFH, which we brought to the table on Monday morning. It has now officially appeared in every report we’ve published for the entire week, on the strength of yet another solid performance yesterday.

We said early on that we’d be looking for GLFH to be a slow and steady riser over these four sessions; it has made gains every day but never exceeding 35%, and yesterday’s move was no exception. What it has done, is maintain those advances and kept piling one on top of the other.

The stock traded in a range from .055-.069 yesterday, for an intraday increase of 25%, and measuring from our observed low of .026, the total intraweek run its posted comes out to a highly respectable 165%

It’s rare that stocks see multi-day runs exceeding three days, so at this point, we’ll begin to ready ourselves for a consolidation that could come at any time.

Fresh Options Ideas

Our incredible success with numerous stocks this week dictated that we shy off of the options trading arena for a few days, but it’s high time for us to enter some ideas into the mix this morning. For both of the following plays, we’ll submit a weekly target* (expiring today) as well as one for next week, just in case these stocks put together multi-day increases of their own.

TWLO Weekly $32-35 Calls & 11/11 $35-36.50 Calls

SBUX Weekly $52-53 Calls & 11/11 $53.50-55 Calls

*Dabbling in weekly options contracts on a Friday should not be attempted by anyone except expert traders!

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Lands End, Inc. LE

On the chart below, we’ve pointed out the various reasons for why we like it from a technical perspective. Additionally, we always like to track a wide range retail stocks as the holiday shopping season approaches, and it fits the bill in that regard as well.

We’ve got an extended-term options idea for this one, with the LE 12/16 $12.50-17.50 Calls.

Extended Watchlist:
EXCC, ELED, MMEG, PLPL, FCEL, FEYE(Bottom-Bouncer)

Blue Horseshoe Stocks: IFAN, NEWC Updates & More

IFAN Financial, Inc. IFAN

We had multiple runners come out of yesterday morning’s premarket report, but the star of the show was was without a doubt IFAN. This was a case of looking in the right place at the right time. The stock had posted a marginal increase the session prior, but yesterday’s run was a cut above.

We witnessed as it traded in a fantastic range from .0031, cracking through the penny barrier and reaching a high of .0118. That worked out to an intraday rip of 281% which occurred on nearly thrice the monthly average trading volume.

In instances such as these, we always keep the stock on our radar in the event that the excellent momentum it’s built up washes over into another session.

New Columbia Resources, Inc. NEWC

Prior to yesterday morning’s mention, we had signaled NEWC for observation most recently a week ago today, and the ramp-up we’ve seen between then and yesterday’s solid session has been pretty impressive.

After witnessing a low of .01 subsequent to last week’s report, the stock has really taken off this week, yesterday trading up from .0231 to a new high of .0449 (+94%), which from a penny, marks an upswing of 349% in just a few sessions.

Agritek Holdings, Inc. AGTK 

Speaking of new highs, we’ve been tracking AGTK heavily of late, and it too set a new high mark for us in yesterday’s session, despite already being up so high. As we were mentioning yesterday morning, we caught this play on September 14th, at a low of .003, and the stock never looked back.

Yesterday’s decent move carried it from .0285-.036, a 26% intraday push, which is incredibly modest compared to the overall run we’ve been watching. Yesterday’s new peak registered as an increase of 1100% on the dot over our observed low.

Plandai Biotechnology, Inc. PLPL

We brought back a familiar play in PLPL last Thursday, and reminded readers to continue paying attention in yesterday’s premarket report. The stock has responded with with a nice performance in that span.

Yesterday’s session brought a healthy 56% move up from .04 to a new high of .0624, which from the three-cent low we witnessed at the end of last week, marks a swing of 108%

The Procter and Gamble Co. PG – Fresh Options Idea

As a result of the confluence of both an attractive technical setup on the chart where it recently came down to 4-month lows, in addition to a well-received quarterly earnings report this morning, we want to tag some PG options for potential daytrades and or intraweek swing trades. We had multiple landmark plays that fit the same description last week, and came away with chances for multibag gains in almost every instance.

To attempt to do the same thing this week, we’re going to look to the PG Weekly $85.50-88 Calls, which should see some nice activity if the action unfolds the way it appears it might. We’ll be looking for a gap-and-go setup to facilitate that.

Cannabis Watchlist:

The “Green Rush” continues… Aside from the three above-mentioned cannabis plays we want to continue to keep the top traded pot stocks on watch for further gains. The momentum in the sector as a whole, as we’ve cautioned readers, has continued in a big way.

TRTC, HEMP, OWCP, PHOT, MCOA, ERBB are among some of the headliners in that regard, but by no means the only marijuana related stocks that are set to explode leading up to and following election day, whereupon recreational consumption will most likely become legal in the state of California.

Blue Horseshoe Stocks: NFLX, MCD Options Recaps & More

Options Recaps

Netflix, Inc. NFLX – We persisted in tracking the NFLX options idea that we formulated on Tuesday for the remainder of the week, and they ended up performing great yet again on Friday.  If you recall, our designated targets were the NFLX Weekly $117-120 Calls, and they didn’t have a down day all week.

The following figures indicate the lows we observed on Tuesday morning, and the subsequent highs reached during Friday’s session. What we were faced with were four incredible intraweek increases:

$117 Calls – Range: 2.19-10.77 – Max Gain: 392%
$118 Calls – Range: 1.43-10.02 – Max Gain: 601%
$119 Calls – Range: 1.03-8.87 – Max Gain: 761%
$120 Calls – Range: 1.07-7.83 – Max Gain: 631%

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 McDonalds Corp. MCD – Our highlighted range of MCD Weekly $113-115 Calls was fresh for Friday’s session, and it bore fruit as well. While we didn’t sweep the range in terms of hefty gains, the $113’s in particular did provide a nice chance to profit on the day.

Those calls traded in a range from .33 and shot to 1.43, allowing for  single-session gains of up to 333%

Agritek Holdings, Inc. AGTK 

Subsequent to the alert we put out on AGTK last month on the 14th, we would observe an overall low of .003, and the stock has never fallen below that level since. In fact, what began as a subpenny play, has rumbled its way to multiple pennies after a fantastic performance last week.

Running to a new high of .0298 on Friday, the stock registered an overall increase of 893% over our observed low, and with a strong close at .028, we’ll be on the lookout for some momentum spillover into this week. The possibility of a dip-and-rip forming on the chart also appears to be a plausible scenario, so we’ll be on our toes watching for that possibility as well.

AGTK is also a part of the cannabis sector, which of course we’ve been watching more intently, and plan to continue doing so leading into election day the week after next.

Peregrine Pharmaceuticals, Inc. PPHM

This is another familiar play for us, and we want to tag it for closer observation again this morning on the strength of both a fresh PR hitting the wires along with an attractive technical setup on the chart.

As you can see below, the stock has recorded a higher low in each of the last five sessions since coming off a bottom, and indicators suggest that things could heat up for this play at any time. We’ll keep an eye peeled.

TODAY’S NEWS:
Preclinical Research Demonstrates Peregrine Pharmaceuticals’ PS-Targeting Antibodies Enhance the Anti-Tumor Activity of PD-L1 Checkpoint Inhibitors in Model of Triple Negative Breast Cancer (TNBC)(>>Read PR)

Extended Watchlist:
IFAN, PLPL, PPCH, PPJE, OPGN, DRWI, NEWC, VNTH