Tag: VRX

Blue Horseshoe Stocks: Bottom-Plays, Options & More

Celadon Group, Inc. CGI

We’ve been seeing a fair bit of bottom-bouncers running across our desks this week, and CGI is the latest to grab our attention. What we’ve got here is a very enticing chart with just about everything we look for in a potential bottom play.

The stock is beginning to come off of being massively oversold, has set higher lows and higher highs for each of the last three sessions, and has a sizable gap to fill to the upside. We also have a MACD that appears as if a bullish cross could be forthcoming, so we’ll definitely want to keep an eye on CGI this week.


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Two other stocks on our bottom watchlist, California Resources Corp. and CRC Uni-Pixel, Inc. UNXL will remain there. We signaled these two just yesterday, and despite recording only marginal gains on the day, we still want to leave them a spot on our radar as well.


Valeant Pharmaceuticals, Inc. VRX – Options Idea

Speaking of bottom-bouncers, VRX recently rebounded off of new 52-week lows, and is hitting our scanners this morning.  With a pleasing Q1 earnings call which included solid boosts in profits for the quarter as well as reinforced guidance for the remainder of the year, VRX is gapping up considerably in the premarket.

We want to formulate an options idea to coincide with the increased activity and expected price action in a stock in this position. We’ve seen this sort of pattern many times before, and if things play out similarly here, the VRX Weekly $10.50-12 Calls could be in line to see considerable gains.

Extended Watchlist:
AMRS, ARLZ, CLNT, MTBC, XXII, ORRV(News)

Blue Horseshoe Stocks: FPVD Breaks Out & More

Force Protection Video Equipment Corp. FPVD

We were just mentioning how we wanted to stay on FPVD’s trail yesterday morning, after the stock had shown us a nice 64% move on Tuesday.

We identified .036 as a key point of resistance that we wanted to see broken, and not only did that happen, but the stock smashed through and kept on running to an impressive new high.

It traded in a range from .022 on up to a nickel, for an intraday gain of 127% which occurred on roughly 7 times the three-month average volume. From our observed low on Tuesday, it represented a session-over-session swing of 198%

The previous resistance we mentioned at .036 will now be the level FPVD will need to hold support at or above in order to maintain our attention going forward.

Wal-Mart Stores, Inc. WMT – Options Idea

We’ve had some excellent fortune recently with earnings-related options plays in the retail sector, and the opportunity to take advantage of yet another one may be ready to present itself today in the form of WMT.

Increased revenue for the quarter has led the retail giant to increase guidance for the remainder of the year, and the news is causing a notable gap-up here in the premarket. As the activity unfolds, we’ll be looking to possibly take advantage of WMT Weekly $73.50-76 Calls.

Extended Watchlist:
BBGP, BCEI, BONT, BLDP, THLD, SCYX, VRX

Blue Horseshoe Stocks: FPVD Recap & More

Force Protection Video Equipment Corp. FPVD

FPVD found its way back to our reports yesterday morning, and followed up by producing a notable intraday move on the day.

We were afforded the opportunity to realize single-session gains of up to 64% as the stock traded from an early low of .0168, and ran toward the end of the day, achieving a high of .0275 on more than four times the one-month average volume.

We’ll keep a watch over this play as we head through midweek, looking for it to make a run at its next key resistance point at .036, however it will need to maintain support at or above .015 in order to hold our interest.

MarilynJean Interactive, Inc. MJMI

MJMI continues to earn itself mentions in our reports since tagging it for the first time just under two weeks ago. It’s been on a fairly steady climb for the entire time since.

Yesterday the stock traded in a range from .27 on up to another new high at .40. That works out to an intraday gain of 48% which occurred on volume exceeding the monthly average by three times.

From our observed low of .091 which was recorded on the 5th, MJMI has now made an overall increase of 340% and earned itself a continued slot on our working watchlist.

Aurinia Pharmaceuticals, Inc. AUPH

We also want to make mention of AUPH, which is a stock we’ve noticed starting to make a move off of a recent bottom. We like the chart’s look of rebound potential with a massive gap to fill, so we’ll put this one on the radar as well.

The stock briefly toyed with the 200DMA yesterday, and we’ll be looking for it to make a move back through the channel between there and the 50DMA of 3.03 en route to filling that gap.

Extended Watchlist:
SFOR, USRM, WTII, ONOV, VRX, LL,

Blue Horseshoe Stocks: Options Recap & Other Updates

Constellation Brands, Inc. STZ – Options Review

The options trading idea that we formulated yesterday morning for the STZ chain was spot-on, and gave ourselves and our readers chances at some fantastic intraday gains. Our target range, highlighted in our premarket report was the STZ Weekly $150-160 Calls. Regardless of the chosen strike point, any of those contracts yielded prime opportunity for gains on the strength of an earnings beat:

$150 Calls – Trading Range: 5.75-10.20 – Max Gain: 77%
$155 Calls – Trading Range: 1.52-5.65 – Max Gain: 271%
$160 Calls– Trading Range: .89-2.10 – Max Gain: 136%

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We’ve got a fresh idea this morning to add to the mix in attempt to extend our success with options calls as well. We are interested in tracking the WYNN Weekly $93-96.50 Calls for some quick-strike chances on a possible dip-and-rip setup.

Vivint Solar, Inc. VSLR

VSLR is one that we’re going to want to place on watch today, for reasons that are apparent when taking a quick look at the chart we’ve annotated below. We’ve got a number of bullish indicators as well as a strong bounce off of its lows over the past couple of days.

We’ll be watching to see if the stock can maintain some of the momentum it’s built up over the preceding two sessions.

Harmonic Energy, Inc. ASUV

Yesterday morning we were just mentioning the fact that we’d successfully tracked ASUV over an incredible five week run, seeing a trading range from .0024-.043, a swing of over 1600%  The stock continued to push its upper limits, setting a new high as it traded from an early low of .03 to .051.

The move marked an intraday pop of 70% and extended our total observed range since our initial alert on the play back on Leap Day  to an earth-shattering 2025%

Pacific Sunwear of California, Inc. PSUN

PSUN is a stock that we entered into the log as a possible bottom-bounce play yesterday morning and we observed exactly the type of action we expected. Nimble-fingered traders could have gotten in and out with profits of up to 52% inside of the first 45 minutes of the session as PSUN ran from .091-.138.

We caught the company on the eve of filing bankruptcy(>>Read this morning’s PR), so it may be best to let the dust settle before considering a play on the stock again.

Other more modest gainers from yesterday’s morning report included UWTI (+10%) and MOMO(+15%), so we’ll leave those on our radar in sessions to come.

Extended Watchlist:
ZNNC, CBDS, CLDX, OLLI, VRX, ORIG, SUNE, CEQP

Blue Horseshoe Stocks: Yesterday’s Huge Session & More

Sky Solar Holdings Ltd. SKYS – Update

SKYS has been nothing short of spectacular since we introduced it in Thursday morning’s premarket report. On the first day we saw it run from 1.30 to 2.58 (+98%), then on Friday another big pop from 2.44-5.50 (+125%), but the fun wasn’t over yet!

Yesterday, after yet another morning reminder to our readers, SKYS would once again record higher lows and higher highs en route to a daily run from 4.32 to 6.46, marking a shot at up to 50% in gains on the day.

The new high also represented a simply awesome 397% swing over our observed low of 1.30 on Thursday morning! We’ll remain interested for as long as the stock continues to build higher base levels of support.

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Towerstream Corp. TWER

We submitted TWER in the same report as SKYS on Thursday as they both appeared to be prime bottom-play opportunities, and it too has put on an extended show for us that has spanned all three sessions since that initial alert at a low of .1099.

Yesterday’s performance was very good, with TWER touching a low of .14 before hitting .20, a move of 43% and a three-day total upswing of 82% The stock closed just a penny below the high at .19, so a continuation of momentum is certainly a possibility from here as well.

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Strikeforce Technologies, Inc. SFOR

We also want to track back quickly to SFOR; another call we made on Thursday, when it was trading as low as .0007. Yesterday, the stock reached a new high of .0015, which registers as a three-session swing of 114%

Aeropostale, Inc. ARO

We urged our readers to heed the warning signs presented by the ARO chart yesterday morning, which we pointed out as being extremely bullish in nature. We sincerely hope that folks were paying attention, because it turned out to be a heck of a call.

From an early low of .23, the stock took off and subsequently reached a high of .35; a 52% intraday pop that we feel is quite noteworthy coming from a NYSE play in this price range. It also saw a bullish close just below its high of day, so we’ll have to reserve a continued space on our watchlists for ARO.

Applied Energetics, Inc. AERG

AERG was included on yesterday morning’s watchlist, and it too put up a bullish performance on the afternoon. After a subdued start, the stock heated up toward the end of the day and ran into the close. The daily range on the stock was .024-.041, giving traders a chance at some nice gains of up 71%

Twitter, Inc. TWTR – Options Idea

In addition to paying close attention to TWTR stock, which just cracked through its 50DMA yesterday, we will also be looking to possibly take advantage of the options chain. We’ll have our sights set on TWTR Weekly $17.50 & $18 Calls  for daytrading/swing trade opportunities through the remainder of the week.

Extended Watchlist:
TRTC, RVUE, FARE, MRVL, VRX, USLV, LL

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