Tag: VII

Blue Horseshoe Stocks: RSH & More

RadioShack Corp. RSH

As most of our regular readers will remember, we tagged RSH as a bottom-play a few weeks ago after noticing that the stock had hit a 52-week low of .55 and was showing signs of a possible turnaround on the chart. It took one more dip back to .55 before that started to happen, but as it turns out we called the bottom quite well.

Over the past several sessions the stock has been exhibiting sure signs of an uptrend, and yesterday RSH really began to break out nicely, heading all the way back to a high of .8941, a solid 62% increase off of our observed low.

That run broke two key resistance areas at .74 and .79, which we’ll want to see hold as support moving forward, and the next key resistance is going to come in roughly around 1.05. Already in the premarket we’ve seen RSH trading as high 1.03.

Vicon Industries, Inc. VII

VII appeared in yesterday’s Extended Watchlist just in time for us to catch a really nice move. The stock traded in a range from 3.84 – 5.30 during yesterday’s session, marking possible gains of up to 38%

The run came on over 4.9M shares traded, exceeding the average monthly volume by more than 26x.

Digital Ally, Inc. DGLY

DGLY pushed its upper limits again yesterday, for the fourth straight session since we caught this stock last Thursday at low of 5.75.

We’ve now seen a move to 16.24, which represents a total increase of 191% in less than a week, so congratulations are in order for any traders who were able to take advantage of this mover!

Extended Watchlist:
ISNS, MNKD, TUBE, HPJ, NTWK, PKT

Blue Horseshoe Stocks: DGLY Update & Much More

Digital Ally, Inc. DGLY

For the third consecutive session yesterday, our coverage of DGLY yielded the opportunity for significant gains as the stock once again posted higher lows and higher highs on dramatically higher-than-average volume. (More than 12x higher than the one month average)

The stock began the week on a very strong note, trading in an impressive range from its early morning low of 8.75 all the way up to 14.75 shortly before 3PM. That represents a steady intraday move of 68% and at that high, our total possible gains on this stock over a three session period from the low we observed Thursday (5.75) stood at 156%

This has been an excellent short-term play for us, so we want to congratulate anyone who was able to take advantage of our timely alerts.

Drone Aviation Holding Corp. DRNE

We included a mention of DRNE once again yesterday, after its inclusion in Friday’s report led us to the chance to make up to 24% in gains from .89-1.10. The stock responded with another nice performance, and registered higher lows and higher highs on the day.

DRNE traded in a range from 1.09-1.30, a 19% intraday gain, and that high marked a 46% move up off of the low we observed when we tagged this play on Friday.


LabStyle Innovations Corp. DRIO

DRIO was a play we were monitoring yesterday, as anyone who stopped by our blog at BlueHorseshoeStocks.com and took a look at our daily stock tracker would have noticed. The stock is coming across as a bottom-bouncer, which hit its 52-week lows in the nickel-range yesterday, and has already begun a healthy rebound, pushing its way back over .08.

Significant volume is pouring through the stock for the first time in quite awhile, with yesterday’s session setting an all-time record, so DRIO will definitely be one we want to keep an eye on moving forward as it continues its recovery.

DRIO also provides an excellent example of why its always a good idea to visit Blue Horseshoe daily even if you’ve already read our morning report in your inbox. Occasionally the content will be updated between the publishing of our morning reports and the opening bell, and visiting the site is the only way to catch those periodic and unannounced changes.

We also have a Live Trading Chatroom that we participate in, the Legends of Wall Street, which you can check out  free for a limited time only. CLICK HERE to go there, and use the password “bluehorseshoe” to enter.

Petroleo Brasiliero S.A. (Petrobras) PBR

PBR hit new highs yesterday cracking the $18-mark, and lending further credence to our long term options-trading idea that we put forth last week; the January 17th $19 Calls. Those contracts have edged their way up from a low of 1.23 on Friday, and hit 1.64 during yesterday’s session, which marks a modest yet significant session-over-session increase of 33%

We expect the possible gains on those Calls to inflate even further as they draw nearer to their expiration if PBR can continue to follow its recent patterns.

Extended Watchlist:
ACHN, ZGNX, IDRA, RGDO, HGSH, STRP, VII