Blue Horseshoe Stocks: AMPG News Alert

AmpliTech Group, Inc. AMPG – News Update

As you may be aware, we have been following AMPG closely for several weeks now, during which time we have witnessed the stock rise from a low of .043 on the morning of our initial report on on April 1st, to a high of .084 just this week! That’s an excellent upswing of 95% in just under two months’ time.

We wanted to post an update on AMPG this morning relating to the company’s most recent press release,which pertains to the company’s response to recent investor queries, in the form of a Q&A that we urge you to check out now:

Bohemia, NY, May 30, 2019 (GLOBE NEWSWIRE) — via NEWMEDIAWIRE — AmpliTech Group, Inc. (OTCQB: AMPG): Amplitech (AMPG) filed its Form 10-Q on May 14, 2019, and received some follow up questions from investors regarding its strategy. (>>READ Q&A)

As an added aside, we have been referring to AMPG as an undervalued stock from the outset of our coverage, and for what it’s worth, both the performance on the chart, and the consensus opinion at BARCHART.COM agrees with us. AMPG is presently receiving a 100% Long-Term “Buy” Rating, and an 80% “Buy” signal overall.


Options Reviews

Yesterday we took opposite stances on DG and PANW, for which we formulated a bullish and a bearish set of options ideas, respectively. We couldn’t have been more on the dot with these plays, which each produced single session gain opportunities of a significant nature.

We signaled the DG $122-124 Calls and the PANW $202.50-200 Puts and five out of five sets of contracts produced multibag runs on the day.

Dollar General Corp. DG $122-124 Calls

[[DATA LOST]]

Palo Alto Networks,Inc. PANW $202.50-200 Puts
$202.50 Puts – Range: 2.00-4.18  – Max Gain: 103%
$200 Puts – Range: 1.40-2.85 – Max Gain: 136%
_____

Fresh Options Ideas:
BIG 06/21 $30-32.50 Calls
OKTA Weekly $111-113 Calls*

*Never trade weekly options on a Friday unless you are an advanced level trader with access to disposable funds.


Extended Watchlist:
SBOT, MYOV, XRF, SCZ, BAS, ELTK

Blue Horseshoe Stocks: NBEV Recap & More

New Age Beverages Inc. NBEV

Our first order of business this morning is to rehash the performance of NBEV this week, subsequent to our initial alert on the play on Tuesday morning. It was enough of a heads-up to catch the stock at its weekly low of 1.53, which has given way to new highs after a pair of very strong outings.

Yesterday NBEV reached a new high of 2.40, which marks a two-session swing amounting to a respectable 57% We’ll be sure to continue to monitor the situation in the event that the stock parlays its strong start to the short week into an equally convincing finish.

Despite then closing below, the stock has been rebolstered in the premarket, having already traded back as high as yesterday’s peak at 2.40. If this stock can break through the channel of resistance between 2.40-2.58, we could see some more very interesting activity from this play.



Fresh Options Ideas:

We’ve got an earnings related options idea with GIII this morning, and are also taking note of the chart setups on FB and TWTR, which are presently exhibiting double bottom formations as they search for solid support. Each also has a gap to the upside, so we’re going to signal some extended term ideas to track.

GIII 09/21 $45 & 50
FB 10/12 $182.50-190 Calls
TWTR 10/12 $35-37.50 Calls


Extended Watchlist:
ARWR, SPPI, MYSZ, RSLS, SBOT, OBLN, PDS

Blue Horseshoe Stocks: FL Recap & More

Footlocker, Inc. FL – Recap

On Friday, we cited a big profit and sales beat on Foot Locker’s Q1 earnings report, noting that we have had good luck with the company’s earning chain in the past. Our designated targets were the FL 06/15 $52.50-55 Calls. Lightning struck for us once again as FL surged and our ideas took off.

The $52.50 Calls ran hard from a low of 1.30 and subsequently hit a high of 4.50. That works out to a daily rip of 246% Meanwhile, the $55 Calls went on a slightly more intense ride, trading in a range from .65-2.54 for total possible intraday gains of 291%


ArQule, Inc. ARQL
It was just this past Wednesday morning that we were mentioning our late April call on ARQL which allowed us to catch the stock when it was trading as low as 2.40. ARQL had, at the time of last week’s mention, breached into the four-dollar range, but after a fruitful finish to the week, we have to circle back to comment on its impressive new highs.

In its fifth consecutive trading day of posting higher lows and higher highs, the stock reached a new high of 5.29, pushing our one month observed increase on the stock to 120%



Tintri, Inc. TNTR

We also want to place TNTR on bottom watch as we kick off the short trading week, after noticing that the stock has been absolutely crushed in the past week. It had already been on a steady downward trajectory, but as you can see below, the selloff really kicked into high gear just last week.

We’ve also noticed a rapid rise in the short volume, accounting for more than 1.2M of the stocks total volume on Friday. With the stock already having been egregiously oversold, this type of scenario can often lead to a short squeeze, and we will want to be ready to ride TNTR on the way back up, if that occurs.


Extended Watchlist:
ABIO, SBOT, MYSZ, CVPR, LPL, KTOV, OLED, VPLM(News)