Below is a list of stocks to watch on Wednesday. These stocks are active and have the potential to break out this week.
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) is pulling back this week ahead of earnings which is just three weeks away. Tesla is working through a tiny setback with the Model 3 right now. Tesla will be producing 10,000 Model 3 cars per week by the end of 2018 so this tiny glitch has me yawning.
Tesla is the next Apple so all major pullbacks remain a buy, especially below $300. Tesla (TSLA) will now face heavy resistance around $360.
Intrexon (XON) - Intrexon (XON) dropped back into the $17's this week. XON has been mentioned as the stock of the decade by early AMZN investor Bill Miller. XON is a strong buy below $17. TSLA was also mentioned as the stock of the decade.
Apple (AAPL) - Apple (AAPL) rebounded back above $155 ahead of earnings season. I still view this stock as a strong sell above $150 because I feel there are better buys out there. The size of the company greatly limits upside potential.
Amazon (AMZN) - Shares of AMZN climbed back above $1,000.. AMZN will have support between $930-$950 on any pullback.
Small Cap Bull 3x (TNA) - TNA is trading around $67 and is now up 110% since the election. I like shares in the $40's for the long term.
Shake Shack (SHAK) - Shake Shack (SHAK) continues to shine into Q3 earnings. SHAK is a great long term stock to buy below $30!
Chipotle (CMG) - Chipotle (CMG) is now trading back around $325. I view shares as a strong buy down below $300 but I'd rather own TSLA.
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 10/18/17
Neothetics (NEOT)
Transenterix (TRXC)
Diffusion Pharma (DFFN)
Syntel (SYNT)
Xunlei (XNET)
Rennova Health (RNVA)
Destination Maternity (DEST)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) is pulling back this week ahead of earnings which is just three weeks away. Tesla is working through a tiny setback with the Model 3 right now. Tesla will be producing 10,000 Model 3 cars per week by the end of 2018 so this tiny glitch has me yawning.
Tesla is the next Apple so all major pullbacks remain a buy, especially below $300. Tesla (TSLA) will now face heavy resistance around $360.
Intrexon (XON) - Intrexon (XON) dropped back into the $17's this week. XON has been mentioned as the stock of the decade by early AMZN investor Bill Miller. XON is a strong buy below $17. TSLA was also mentioned as the stock of the decade.
Apple (AAPL) - Apple (AAPL) rebounded back above $155 ahead of earnings season. I still view this stock as a strong sell above $150 because I feel there are better buys out there. The size of the company greatly limits upside potential.
Amazon (AMZN) - Shares of AMZN climbed back above $1,000.. AMZN will have support between $930-$950 on any pullback.
Small Cap Bull 3x (TNA) - TNA is trading around $67 and is now up 110% since the election. I like shares in the $40's for the long term.
Shake Shack (SHAK) - Shake Shack (SHAK) continues to shine into Q3 earnings. SHAK is a great long term stock to buy below $30!
Chipotle (CMG) - Chipotle (CMG) is now trading back around $325. I view shares as a strong buy down below $300 but I'd rather own TSLA.
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 10/18/17
Neothetics (NEOT)
Transenterix (TRXC)
Diffusion Pharma (DFFN)
Syntel (SYNT)
Xunlei (XNET)
Rennova Health (RNVA)
Destination Maternity (DEST)