TFER Archives - Blue Horseshoe Stocks

Blue Horseshoe Stocks: MNKD, ANGI & Extended Watchlist

MannKind Corp. MNKD
–
In putting MNKD on bottom-watch in Friday’s Report, we gave folks the chance to catch this play at a subsequent low of 3.85 on Monday.

We were then hit with the news concerning recommendation from an FDA advisory panel to green-light one of the company’s drugs, after hours on Monday which led to a significant gap-up yesterday.

It appears as if the stock will gap up for the second consecutive session today. In pre-market trading thus far, MNKD has pushed into the 7.30’s. From the low we saw just a couple of days ago to this morning’s high (7.33), represents an overall increase of 90%

Angie’s List, Inc. ANGI

Speaking of recovery plays, ANGI is coming off of a recent bottom, and the resurgence of the share price is opening up some avenues of opportunity with regard to the options chain.

Currently on our radar are the 05/17 $15 Calls, which closed at .65 yesterday, and the 04/19 $12.50 Calls, which last traded at 1.03.

A quick look at the 6-month ANGI chart reveals a stock with the ability to make big swings. We can see that from December through January it ran from the $12-range to the $19-range with ferocity. It would appear as if we are catching it at the beginning of another swing. The RSI is rising sharply, and we’ve got a confirmed uptrend off of that bottom with higher lows and higher highs having been achieved over the past three sessions.

The potential for gains, not only with the options, but also on the stock side of things, is something that we’ll be looking for as we track ANGI during its recovery.

Extended Watchlist:
GLGT, TFER, AMRS, RGDX, ANTH,

Blue Horseshoe Stocks: Brand New Pick Coming Tomorrow

Stay Tuned for Hot New Momentum Play Tomorrow!

We’ve got an intriguing stock that isn’t quite ready to be released today, but we’ve estimated that by tomorrow morning, it will be ripe for the picking. We’ve thus decided to hold off on bringing any fresh symbols to your attention today, in anticipation of tomorrow’s big play.

In the meantime, we thought we’d take a look back at couple of our recent successes:

SCXN | Scout Exploration, Inc:
We’ve been following SCXN since December. On December 18th, a day following our initial alert, it was trading as low as .15. By February 5th, the stock had hit a high of .40, a move of 166% Following that run-up, SCXN dipped back to the .15-range by March 4th.

Yesterday’s news (below) caused a flourish of buying, and once again, the stock surged back to .40, mirroring its earlier performance. Currently .40 remains our key area of resistance, a break past which point is needed in order for us to see some more upside.

ST. JOHN’S, NEWFOUNDLAND–(Marketwired – Apr 22, 2013) – Scout Exploration Inc. (SCXN) has acquired the rights to an airborne, oil spill response system currently under development at IDS Offshore Inc., of St. John’s, Newfoundland.

Growth in offshore drilling between Q1 2011 and Q4 2012 represents an expanding market for the Scout IDS Airborne Spill Response System.

During the 24 months between January 2011 and December 2012 the contracted offshore rig count grew by approximately 100 units, an increase of nearly 20% and now stands at an 85.2% fleet utilization rate.

Have a look at this report we ran across on SCXN

TFER | Titan Iron Ore Corp:
We caught TFER last week as it was coming off of its 52-week low, was as low as .095. When we originally alerted the stock, we were looking for a break of the resistance at .12 (20DMA), also noting that the next resistance would come at the 50DMA of .15. For those of you who missed those original alerts, you can vi ew that report here along with included video chart.

The last three trading sessions, we’ve been bumping our heads against resistance at .145, and maintaining support at .13. It appears as if we are basing for our next leg up. Current resistance, as well as the next patch at .15 must be broken for us to remain interested.

Extended Watchlist:
CVN, CLSN, MEMS, SCON, WPNV, AAPL Options (Possible Puts and Calls, Straddle for Earnings After the Close)

Blue Horseshoe Stocks: Midday Updates

Titan Iron Ore Corp. TFER

TFER was a feature in yesterday’s daily report, and for good reason. The stock had just been coming off of its 52-wk low, and was trading for as little as .095 during yesterday ‘s session. Today, we’ve already seen a high of .145, representing overnight gains of up to 52%.

As we stated yesterday, should TFER break past the previous 20DMA at .12, we’d like to see that hold as a level of support to remain bullish. So far today that has happened; at the time of this publication, the stock is currently trading in the .13-.14 range. The next main patch of resistance comes at the 50DMA of .16.

Link to yesterday’s Video Chart on TFER

Apple, Inc. AAPL

AAPL continued to lose support this morning, leading us to focus on the $400 Puts, which were as cheap as 2.48, before hitting a high of 8.75, and the $410 Puts, which traded in an impressive range from 6.95-17.15. Possible gains were as high as 253%, and 147%, respectively. As we said this morning, the volatility of AAPL makes for some pretty exciting possibilities for anyone with options trading-ability.

ASUV, TFER & Extended Watchlist

Harmonic Energy, Inc. ASUV

ASUV opened up at .055 yesterday, and steadily climbed all day, following alerts from us on the stock both yesterday morning and afternoon. ASUV ran as high as .109, marking a fantastic 98% gain on its second-highest volume day ever. Perfect timing on the recent bottom is what made it all possible.

One of the other reasons we like the setup on ASUV so much, is the tight share structure- 100M Authorized, 63M Outstanding, as well as the fact that the company has only $437K in total liabilities.

We are on the lookout for a possible gap up this morning after yesterday afternoon’s strong performance. As you can see on the video chart we posted below on ASUV, the RSI is still coming off of being oversold. There is still much room for recovery, as we feel yesterday could be just day one in a turnaround that could continue to yield substantial gains.

(Includes Charts on both ASUV and TFER)

Titan Iron Ore Corp. TFER

Much like ASUV, TFER is coming off of its 52-week low, and as you all know, this is one of our favorite occurrences in the trading world. Recovery plays are our bread and butter, so its nice to have not one, but two plays that fit the description.

Yesterday, the stock posted a strong rally, making a 30% and closing near the high of day. In recent months TFER has struggled to punch through the 20DMA at .12. Ideally, we’d like to see a break past, and the PPS to hold above that point, in order to confirm a sustained uptrend.

We also included TFER in today’s joint video chart, pointing out that the PPO is pinching, so we’re looking for a cross there, and the RSI is on the cusp of breaking its 50DMA.

Extended Watchlist:
BCCI, FWDG, VRML, ACUR

SNPK, TFER, VPER, VGTL & Today’s Extended Watchlist

Sunpeaks Ventures, Inc.SNPK

SNPK has another nice performance yesterday, hitting a high of .72, and closing out the day at .6999. That brings our total percentage gains close to triple digits; anywhere from 85%-90% since we initially alerted SNPK on March 8th.

Titan Iron Ore Corp. TFER

TFER is new to our radar as of this morning; we like the stair-stepper of a chart on TFER.

We’ve noticed that there have been 4 Form-4’s filed by company officers since December, showing a large amount of insider buying.

We couldn’t be more excited about the chart. The MACD is getting ready for a cross, and the RSI is rising toward the power-zone.

The main resistance point should be its last high of 1.81, and we feel that past that point, we could be looking at gains upward of 25% from yesterday’s closing price of 1.45.

Viper Networks, Inc. VPER

Here’s another new stock with a really nice chart. The stock made a move from .000-range in Jan. to .008’s in a short period of time. Since then we’ve seen a consolidation. The stock experienced a huge bounce on Monday as the stock made nearly a 100% swing from .0014-.0027.

We are watching over the impending cross of the MACD and a reversal on the histogram.

VGTel VGTL

VGTL has also been on our radar since the 8th. We’ve seen a couple of opportunities since to flip this stock, and it looks like today could be another opportunity to exit our position with a profit, based on the promotion that hit inboxes last night.

We were the first to this party, mentioning the stock to you long before any promotions took place. Could MELY be the next big play that is flying under the radar, and destined for a big promo?

From sub-penny to 2.00 stocks, where else can you find a newsletter that brings you as many winners as we have been bringing? This is evidenced by our swelling ranks, and a ton of positive feedback. Feel free to send us a line of your own any time, we are always happy to interact with our audience!

Today’s Extended Watchlist:
IDIO, ERII, THQI, AGCZ, IRBL