Tag: WPCS

Blue Horseshoe Stocks: DE Review & More

Deere & Co. DE – Options Review

We were following a group of ideas in the DE options chain last week, and saw some really nice activity both before and after the Thanksgiving holiday. Despite only a half-day of trading on Friday,  our targets, the Deere & Co. DE Weekly $143-146 Calls,  enjoyed new highs on the day.

We mentioned to our readers that despite seeing multi-bag gains prior to the holiday, it appeared as if they were in line for further moves to the upside, and we were absolutely correct. The following figures represent our observed lows from Wednesday morning, and the subsequent ranges to Friday’s impressive new highs:

DE Weekly $143-146 Calls
$143 Calls – Range:  .82-4.80 – Max Gain: 485%
$144 Calls – Range:  .50-3.82 – Max Gain: 664%
$145 Calls – Range:  .30-2.80 – Max Gain: 833%
$146 Calls – Range: .19-1.86 – Max Gain: 879%

To throw into contrast the kind of success we’ve had over the past few weeks with our options trading ideas, keep in mind that these gains are mild compared to some of the ones we’ve seen!

Marathon Patent Group, Inc. MARA

We slated MARA for observation a few weeks ago back on November 2nd, and at the time, we’d witness a low of 1.19 in the stock. Despite shortened holiday weeks being traditionally subdued, that did not apply to MARA last week as it streaked to some very pleasing new highs. On Friday’s short day, the stock ran all the way up to 6.04, marking an increase of 408% for the month of November.

This morning, it gapped up like crazy, seeing a high of 16.99 in premarket trading, which extended that range to a walloping 1328% The stock did come back down to Earth, but is still trading higher than Friday’s highs, so we’re very curious to see how the start to this fresh and full trading week is going to play out for MARA.

VelocityShares 3x Long Nat Gas ETN (UGAZ)

We also want to begin tracking the activity in UGAZ, a Natural Gas ETN. Not only is this Note approaching heavily oversold territory after having just set a new annual low on Friday, but we’re heading into the thick of the cold weather season, when such heating fuels go into much higher demand.

We’re already seeing a gap up this morning, and will put  UGAZ on an extended term bottom watch. A hypothetical return to its prices from early this summer would approach a double-bagger on the chart from here.

Extended Watchlist:
OHRP, ROKU, RESN, CPRX, NOG, WPCS, MDGS

Blue Horseshoe Stocks: PBR, INO, RAD Reviews & More

Petroleo Brasiliero, S.A. (Petrobras) PBR – Options

PBR has continued to perform this week after we caught it coming off its 52-week lows two Thursday’s ago. At that time one of our main areas of interest was the 05/01 $6.50 Calls, which we subsequently observed trading at a low of .22. This week they’ve attained a high of .71, marking off a tidy 222% move.

The last time we touched upon PBR options on Monday morning, it was in the process of pushing even higher, so we suggested the possibility of rolling up our strike price to  both the Weekly and May 1st $7 Calls, and that idea turned out to be a good one as well.

We’ve witnessed a trading range on the Weekly $7’s from .06 -.25, a whopping 316%, while the May 1st $7’s enjoyed an 87% run from .30 to .56.

Inovio Pharmaceuticals, Inc. INO 

INO stands among those stocks that we have covered the most over the years. An INO tag search of our archives yields no less than 30 results. We re-flagged it in yesterday’s premarket report and the timing was quite fortuitous.

Yesterday morning the company had announced it had been selected as the leader of a $45M DARPA program to develop practical treatments for the Ebola virus. It fueled a continued rise off of recent lows, and this morning’s news could contribute to that as well.  >> READ PR

INO heralded positive results from one of its studies, a DNA-based immunotherapy for the treatment of head and neck cancer. According to the CFO, the “initial data set from Inovio’s first cancer study provides encouraging evidence that we are on an important path to better optimized immunotherapy products.” >> READ PR

We’ll continue to keep watch over INO in the wake of these major developments.

Molycorp, Inc. MCP

MCP started showing up on our scanner back on March 23rd and 24th, when it was trading around .38. It retraced back to its 52-week low of .32 on the 27th.

After reappearing on our extended watchlist yesterday, it has traded as high as .62 in the premarket today; from a low of .484 that’s a 28% move up.

At .62, MCP had shown us a 94% overall move from its ultimate low set just the week before last. With gold and other precious metal prices on the rise again, we’ll continue to track MCP for more potential gain opportunities.

Rite-Aid Corp. RAD

We also wanted to make a quick mention of RAD. We tagged the stock for tracking back on December 4th and on that day we observed the lowest price the stock has traded at since then (5.48).

Since that time the stock has crept (and sometimes leaped) its way up the chart; it broke its 50DMA in early March, and managed break the $9-mark last Thursday, and then again yesterday. At Thursday’s high of 9.07, we had witnessed a total gain of 65%

Wall Street analysts are giving RAD high marks, and the stock is also receiving a 96% Overall “Buy” Rating at BARCHART.COM so we’ll certainly want to keep a close watch on RAD moving forward in the event that it sustains the bullish patterns it has been exhibiting over the past several months.

Extended Watchlist:
EXEL, OPXA, WPCS, MPET, MSTX, SLTD

Blue Horseshoe Stocks: APP, Social Media Updates & More

American Apparel, Inc. APP

As tends to happen each year, we’ve honed back in on APP at an opportune time. After seeing a low of .51 as recently as June 24th, this past Thursday saw this stock push past the dollar-mark. After another solid session on Friday wherein the stock reached as high as a 1.20, it appears as if APP wants to gap up once again this morning, touching 1.27 in pre-market trading. At that price, we’ve seen an overall move of 149% from this play in just three weeks.

There’s a chance that we could see a slight consolidation to fill the gap on the chart left on Friday (1.05-1.08) in which case we’d need to see APP hold support at or above the 1.05-mark. The chart still appears ripe, however, so it will interesting to see how this play kicks off a new trading week.

Twitter, Inc. TWTR
& Facebook, Inc. FB

Social media giants TWTR and FB began to heat up last week, as anticipation of upcoming earning releases has ramped up, and both stocks seem to be gapping up in early trading this morning. We’ve done very well for ourselves trading options contracts on each of these plays, and will be looking for more of the same as these current uptrends play out.

As far as TWTR is concerned, the next key resistance is sitting at 42.50, and our current scope of interest in Call options rests in the $39-$41 range. Should TWTR gain further ground as trading opens up for the week, those contracts could see an appreciable rise in value in just a short time. (Earnings Release Date: 07/29)

FB’s key area of resistance is around 68.50, and we’re interested in Calls at the $67-69 level. FB earnings will come sooner that TWTR’s by almost a week, with the announcement just 9 days away, so we’ll really want to keep a close eye on the action here. (Earnings Release Date: 07/23)

Solar Wind Energy Tower, Inc. SWET

SWET first appeared in our reports on June 13th, at which time we designated it a stock that was due for a pop, and that’s exactly what we got out of it. The stock rushed upward from our observed low of .0185 to hit .032 (+73%) a week ago. After a slight consolidation and finding of support at .0226, the stock has begun to inch up toward the .03-mark once again. To get there, we’ll need to see a break of resistance at Friday’s swing high of .0291.

This morning’s news could be of help, with the announcement of up to $100M in additional funding hitting press wires:

Solar Wind Energy Tower, Inc. Agrees to Accept up to $100 Million Additional Financing from Arizona Alternative Energy Center, LLC for San Luis, Arizona Tower

Extended Watchlist:
IMII, KNDI, PGNX, EXEL, JDST, WPCS, CREG, PSTI, ISR