Below is a list of stocks to watch on Monday. 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) continues to see large swings as investors try to guess what 2018 sales and earnings will be. There is strong support in the $290's right now. Tesla is the next Apple so all dips below $300 are a strong buy. Resistance is now located up around $330.
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 continue to see a steady rise. AMZN will have support between $1030-$1050 if we see more downside from here.
Small Cap Bull 3x (TNA) - TNA is now up 120% since the election. I like shares in the $40's if we see a massive stock market correction.
Sage Therapeutics, Inc. (SAGE) - SAGE has been a buy in the $80's lately but shares have skyrocketed to $160. I no longer view this stock as a buy. Watch MDGL next.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after an upgrade on Thursday. SHAK remains a strong buy near $30 for the long term.
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 12/11/17
Pyxis Tankers (PXS)
Global Brokerage (GLBR)
Soleno Therapeutics (SLNO)
Sigma Designs (SIGM)
Globus Maritime (GLBS)
SteadyMed (STDY)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) continues to see large swings as investors try to guess what 2018 sales and earnings will be. There is strong support in the $290's right now. Tesla is the next Apple so all dips below $300 are a strong buy. Resistance is now located up around $330.
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 continue to see a steady rise. AMZN will have support between $1030-$1050 if we see more downside from here.
Small Cap Bull 3x (TNA) - TNA is now up 120% since the election. I like shares in the $40's if we see a massive stock market correction.
Sage Therapeutics, Inc. (SAGE) - SAGE has been a buy in the $80's lately but shares have skyrocketed to $160. I no longer view this stock as a buy. Watch MDGL next.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after an upgrade on Thursday. SHAK remains a strong buy near $30 for the long term.
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Good Stocks 2018
Stocks to Watch - 12/11/17
Pyxis Tankers (PXS)
Global Brokerage (GLBR)
Soleno Therapeutics (SLNO)
Sigma Designs (SIGM)
Globus Maritime (GLBS)
SteadyMed (STDY)
