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) made a double top breakout this week 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 - 12/18/17
ImmunoCellular (IMUC)
Ampio Pharmaceuticals (AMPE)
CounterPath (CPAH)
Nextdecade (NEXT)
Marinus Pharma (MRNS)
Future Fintech Group (FTFT)
Arcimoto (FUV)
Veru (VERU)
EnSync (ESNC)
Digital Power (DPW)
Check out my Stock Picks for 2017 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) made a double top breakout this week 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 - 12/18/17
ImmunoCellular (IMUC)
Ampio Pharmaceuticals (AMPE)
CounterPath (CPAH)
Nextdecade (NEXT)
Marinus Pharma (MRNS)
Future Fintech Group (FTFT)
Arcimoto (FUV)
Veru (VERU)
EnSync (ESNC)
Digital Power (DPW)