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) dropped to $300 after their earnings report. 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.
Intrexon (XON) - Intrexon (XON) continues to see wild swings. 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) rallied into the $170's after decent earnings. 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 $65 and is up 100% since the election. I like shares in the $40's for the long term.
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!
Chipotle (CMG) - Chipotle (CMG) tanked below $300 after earnings. 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 - 11/8/17
Rand Logistics (RLOG)
Top Ships (TOPS)
Globus Maritime (GLBS)
Cyren (CYRN)
Myomo (MYO)
Seanergy Maritime (SHIP)
Xoma (XOMA)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) dropped to $300 after their earnings report. 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.
Intrexon (XON) - Intrexon (XON) continues to see wild swings. 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) rallied into the $170's after decent earnings. 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 $65 and is up 100% since the election. I like shares in the $40's for the long term.
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!
Chipotle (CMG) - Chipotle (CMG) tanked below $300 after earnings. 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 - 11/8/17
Rand Logistics (RLOG)
Top Ships (TOPS)
Globus Maritime (GLBS)
Cyren (CYRN)
Myomo (MYO)
Seanergy Maritime (SHIP)
Xoma (XOMA)