Below is a list of stocks to watch on Thursday. 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) dropped to $300 recently but is forming a nice base. The stock will bounce back in the coming months after they work through this bottleneck. Shares are now in strong buy territory below $300.
Tesla is the next Apple so this drop below $300 is a super strong buy for long term investors. Tesla (TSLA) will now face heavy resistance around $325.
Apple (AAPL) - Apple (AAPL) is trading back around $170. I wouldn't sell AAPL below $150 if we see a big correction but I would unload it anywhere above $150. The size of the company greatly limits upside potential.
Amazon (AMZN) - Shares of AMZN popped 10% after a big earnings beat. AMZN will have support between $1030-$1050 if we see more downside from here.
Small Cap Bull 3x (TNA) - TNA is trading around $60 on this nice pullback. I like shares in the $40's for the long term.
Sage Therapeutics, Inc. (SAGE) - SAGE continues to see wild swings after the company reported strong depression drug data. SAGE could be the next big biotech if you are looking to buy something in this space. All biotech stocks are a big gamble. The offering was priced at $85 so the stock is a strong buy below $85
Shake Shack (SHAK) - Shake Shack (SHAK) rallied into the $40's right after earnings but is selling off again. SHAK is a great long term stock to buy below $30!
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 11/16/17
Quest Resource (QRHC)
Sorl Auto Parts (SORL)
MoSys (MOSY)
JMU Ltd (JMU)
P.A.M Transportation (PTSI)
Synacor (SYNC)
American Rental (ARA)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) dropped to $300 recently but is forming a nice base. The stock will bounce back in the coming months after they work through this bottleneck. Shares are now in strong buy territory below $300.
Tesla is the next Apple so this drop below $300 is a super strong buy for long term investors. Tesla (TSLA) will now face heavy resistance around $325.
Apple (AAPL) - Apple (AAPL) is trading back around $170. I wouldn't sell AAPL below $150 if we see a big correction but I would unload it anywhere above $150. The size of the company greatly limits upside potential.
Amazon (AMZN) - Shares of AMZN popped 10% after a big earnings beat. AMZN will have support between $1030-$1050 if we see more downside from here.
Small Cap Bull 3x (TNA) - TNA is trading around $60 on this nice pullback. I like shares in the $40's for the long term.
Sage Therapeutics, Inc. (SAGE) - SAGE continues to see wild swings after the company reported strong depression drug data. SAGE could be the next big biotech if you are looking to buy something in this space. All biotech stocks are a big gamble. The offering was priced at $85 so the stock is a strong buy below $85
Shake Shack (SHAK) - Shake Shack (SHAK) rallied into the $40's right after earnings but is selling off again. SHAK is a great long term stock to buy below $30!
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 11/16/17
Quest Resource (QRHC)
Sorl Auto Parts (SORL)
MoSys (MOSY)
JMU Ltd (JMU)
P.A.M Transportation (PTSI)
Synacor (SYNC)
American Rental (ARA)
