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) made a double top breakout on Monday which will reverse a death cross. This is a massive bullish technical reversal which gives TSLA a price target of $387 in the coming months. Tesla has major buying support below $300. Tesla is the next Apple so all dips below $300 are a strong buy. Resistance is now located up around $345.
Apple (AAPL) - Apple (AAPL) is trading back above $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.
argenx SE (ARGX) - ARGX is the new hot biotech after positive trial results. ARGX is a strong buy below $45.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after an upgrade last week. 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 - 12/13/17
Proteostasis (PTI)
Tel-Instrument (TIK)
Repros Therapeutics (RPRX)
Helios and Matheson (HMNY)
Tengasco (TGC)
GlycoMimetics (GLYC)
Nova Lifestyle (NVFY)
BSQUARE (BSQR)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) made a double top breakout on Monday which will reverse a death cross. This is a massive bullish technical reversal which gives TSLA a price target of $387 in the coming months. Tesla has major buying support below $300. Tesla is the next Apple so all dips below $300 are a strong buy. Resistance is now located up around $345.
Apple (AAPL) - Apple (AAPL) is trading back above $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.
argenx SE (ARGX) - ARGX is the new hot biotech after positive trial results. ARGX is a strong buy below $45.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after an upgrade last week. 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 - 12/13/17
Proteostasis (PTI)
Tel-Instrument (TIK)
Repros Therapeutics (RPRX)
Helios and Matheson (HMNY)
Tengasco (TGC)
GlycoMimetics (GLYC)
Nova Lifestyle (NVFY)
BSQUARE (BSQR)
