Tag: WIN

Blue Horseshoe Stocks: FTNW Ripping & More

Unity Group, Inc. UNIT

To kick off the fresh trading week yesterday, we tagged quite a large number of stocks in our Extended Watchlist, including UNIT with the note ‘Bottom-Watch’ attached. The stock had been absolutely pummeled in previous sessions, and a rebound appeared imminent.

We didn’t have to wait any time at all for that bounce to occur, with the stock posting a heck of an intraday performance. From a low of 8.29, UNIT surged its way up to a daily high of 11.5. That marks a very solid first-day performance for this play amounting to a gain of 37% We will continue to track the stock for further gains as the week the progresses.

General Electric Co. GE

We also wanted to recap the recent performance of GE. We mentioned this play shortly after the new year on January 8th, and observed a low of 8.18 the following day. Since then,we’ve seen fairly steady growth out of the stock, as it has run from that low up to a new high of 11.75 yesterday.

That represents an overall increase of 47% in roughly 7 weeks’ time. GE also just cracked its 200DMA yesterday, with the RSI about to head into the power zone, so we’ll want to continue our monitoring of its activity in coming sessions as well.


FTE Networks, Inc. FTNW

After being in a general downtrend since June, we’re seeing some sparks of life from FTNW, which is roaring up off of its 52-week lows as a result of announcing over $115M in new contracts. We are going to place this on our radar and strap in for what could be an impressive push off of its bottom.

Up considerably in the premarket, there are resistance areas roughly around $4, $6 and $10, and FTNW has the potential to crack some or all of those levels with the surge off of this latest news.


Fresh Options Ideas:
Etsy, Inc. ETSY 03/15 $60-65 Calls
The Home Depot, Inc. HD Weekly $185-180 Puts

Extended Watchlist:
AYX, VSI, WP, SKYS, THC, SOLO, WIN(Bottom-Watch)

Blue Horseshoe Stocks: Z Follow-Up & More

Zillow Group, Inc. Z

First thing’s first- we wanted to update our readers once again on the Zillow calls we made on Tuesday morning. We designated the Z Weekly $48-49 Calls as our targets and after a good first day, the stock continued its upward climb during yesterday’s session.

That move alloted for even further increases on our observed range of contracts, and pushed our two-day observed swings well into multi-bag territory:

$48 Calls – Range: 1.30-3.55 – Max Gain: 173%
$48.50 Calls – Range: 1.10-2.60 – Max Gain: 136%
$49 Calls – Range: .80-2.60 – Max Gain: 225%
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Fresh Ideas:
YELP Weekly $43-44.50 Calls
ROKU Weekly $52-53.50 Calls

Healthmed Services, Inc HEME

It isn’t often these days that we target a subpenny OTC stock. Our long-time followers know that those were our primary focus when we started out exactly 7 years ago this past Tuesday. We did very well in that capacity for many years, despite having recently shifted focus more to fast-paced options trading.

Of any of the sectors we ever covered in the OTC space, cannabis has certainly been the most exciting, and continues to be one of our primary interests on the stock side of things to this day.

That’s why we just want to put HEME on our readers radars. Despite being listed as defunct on OTC Markets, the company recently revealed its intentions to get things back on track and enter the marijuana space.

According to its updated website, HEME is presently acquiring, leasing and licensing growers for the cultivation, production and distribution of cannabis and cannabis-related products in southern California. The project site has state Highway access, water and local transportation are convenient and accessible, and the City government has designated the project site – legal planting zoning.

We are going to keep tabs on the company’s progress toward not only developing in this new direction, but also coming current on its reporting.

Extended Watchlist:
WIN, UPL, TIVO, ANGI, CVNA, RDHL,

Blue Horseshoe Stocks: Bottom-Bouncers & More

Bottom-Bouncers to Watch

Each of the following plays seem to have a reasonable shot at taking their chart reversals on Friday into a new trading week, and continuing to rebound. We’ll want to reserve a slot on our radar for each of them.

CannaSys, Inc. MJTKD – We’ve been crazy about marijuana related stocks of late, renewing an interest in a market sector that began more than two years ago. While most cannabis plays enjoyed some type of sustained upward momentum (ranging from moderate to epic) over the course of last month, MJTKD had a major move early on, and then spent the remainder of the time under heavy consolidation.

We’re entering the scene as the stock reached new annual lows on Thursday, and began to recover on Friday. We’re going to be on the lookout for some of that momentum to carry over from here; a run back 50DMA of .0775 from current pricing would represent a move of more than 200%


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Windstream Holdings, Inc. WIN – Just like the above-mentioned play, WIN recorded a new 52-week low on Thursday, followed by the beginnings of a nice rebound on Friday. The chart is looking absolutely ripe, and the company also just announced an all-stock acquisition of EarthLink (>>View PR), so there’s definitely a spotlight being cast upon it at the present time.

We see the possibility of a good bottom play in the stock as well as a chance for an extended-term idea in options chain. We’ll be looking to the WIN 12/16 $7.00-9.00 Calls, which should stand to be big gainers if the stock can make a run at its 50DMA within the next several weeks.


Starbucks Corp. SBUX – Options Recap

Although they failed to maintain their advances throughout the session, the calls we highlighted for Starbucks, the SBUX Weekly $52-53’s, made huge runs early on Friday.

$52 Calls – Range: .10-1.77 – Max Gain: 1670%
$52.50 Calls – Range: .08-1.27 – Max Gain: 1487%
$53 Calls – Range: .05-.78 – Max Gain: 1460%

We also put the SBUX 11/11 $53.50-55 Calls on watch in case the run carried into this week, and despite a big dip later on in the session, the stock is recovering in the premarket this morning, so we’ll want to continue keeping an eye on the contracts in that range.

Extended Watchlist:
ICBU, JFIL, LVVV, MYHI, USRM, SPTK, IONS, PBR