Tag: SMRT

Blue Horseshoe Stocks: Solid Runners

SOLID RUNNERS

We tagged both INSY and HSGX in yesterday morning’s premarket report, and both stocks produced admirable runs on the day. 

INSYS Therapeutics, Inc. INSY just registered its lowest price ever earlier this week, and we thought it would be worth it to track as a potential bottom-bounce play. The return was instantaneous. INSY opened at a low of .32 before running as high as .74, which marks an intraday pop of 131%

There is still a huge gap to the topside on the chart, so we’ll definitely continue to monitor the activity on INSY in the days and weeks ahead.
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Histogenics Corp. HSGX was also a solid mover for us on the day yesterday. This stock has traded mostly flat for the whole of 2019 so far, but it looks like we tagged it as a bottom play at an opportune moment.

From a low of .24 it reached .32 for a respectable 33% gain, but this could just be the beginning. We’ll want to continue tracking this play as well.

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FRESH OPTIONS IDEAS: 
Lululemon Athletica LULU Weekly $177.50-182.50 Calls
Duluth Holdings, Inc. DLTH  08/16 $15-17.50 Calls
RH, Inc. RH Weekly $120-118 Puts 

Extended Watchlist:
SMRT, LTBR, NAKD, AMR, ADT, RRGB, YUMA

Blue Horseshoe Stocks: Recent Winners


Recapping Recent Hot Picks

First thing’s first- we would like to include a quick update on two of the stocks to appear in our report yesterday, in which we had already witnessed very nice gains.  Both stock pressed to new highs during yesterday’s session, so we wanted to update readers on their continued success.

Tandem Diabetes Corp. TNDM  –  We called TNDM initially on April 11th, whereupon we observed a low of 6.62.  Yesterday the stock rose another 12% intraday, running from 10.75 to 12.05. That new high represents an 82% jump since our first alert, just over a month ago.

Stein Mart, Inc. SMRT – Also appearing in yesterday’s report for having put up impressive figures following our March 16th alert and subsequent observed low of 1.33, was SMRT. The stock reached a notable new high of 3.94. marking a two-month uptrend amounting to 196%


Arcadia Biosciences, Inc. RKDA

To come back to yet another great call we made last Tuesday (05/08), we’ve got RKDA. A couple of sessions following that first call, the stock would register a low of 7.31, and this week, we’re seeing the stock reaching new heights.

Yesterday it hit 12.25, which marks a rise of 67% in a matter of just six trading days. There is still a lot of room to the upside on the chart for RKDA to travel, so we’re definitely going to keep our eyes peeled for further bullish activity from RKDA.

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Heat Biologics, Inc. HTBX

Speaking of charts with potential, we tagged HTBX on Monday, and it has been trending in the right direction, trading up from 1.35 to 1.74 so far. As you can see on the provided snapshot, it still has a very ripe-looking chart.


Extended Watchlist:
ARLZ, BLNK, BOOT, HEAR, M

Blue Horseshoe Stocks: TNDM Recap & More

Tandem Diabetes Corp. TNDM

First up this morning, we want to recap the performance of TNDM, since slating it for observation on April 11th. The following day, the stock found support at 6.62, and hasn’t looked back since.

Yesterday, after what has been a bullish period that has already persisted for weeks on end, the stock hit a new high of 11.30. That works out to an upswing of 71% in just a shade over a month, and the highest PPS the stock has seen for more than eight months. We’re not that far off from seeing TNDM test the highs from its huge run back in August of last year.

Stein Mart, Inc. SMRT

We also would like to backtrack to a call we made even earlier in the year that has made some excellent long term progress. We signaled interest in SMRT back on March 16th, and in these past two months the stock has done little else but continue to bull its way upward.

From the 1.33 low we witnessed shortly after that alert, SMRT has gone on  to reach a high of 3.35. That works out to a gain of 152%


The Home Depot, Inc. HD – Options Idea

HD was already looking a bit top-heavy, and that’s before the company released a an exceedingly disappointing quarterly report.

We’re going to want to track a range of bearish options ideas to correspond with the present situation- the HD Weekly $187.50-182.50 Puts.

Extended Watchlist:
INO, YUMA, NTLA, TVIX, UBQU