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 2018 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) continues to trade above $330 as the bottleneck pressure is starting to ease. They should report over 9,000 Model 3 deliveries in Q1 which is bullish going forward. 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 $350.
Apple (AAPL) - Apple (AAPL) is trading back around $180 even as iPhone sales continue to be weak. 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 $1150-$120 now on a big correction.
Small Cap Bull 3x (TNA) - TNA is now up 150% since the election. I like shares in the $50'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 $50.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after another price target raise. 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 - 1/17/18
SPI Energy (SPI)
Recon Technology (RCON)
The9 (NCTY)
Kelso Tech (KIQ)
Blackhawk (HAWK)
Energizer Holdings (ENR)
Check out my Stock Picks for 2018 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) continues to trade above $330 as the bottleneck pressure is starting to ease. They should report over 9,000 Model 3 deliveries in Q1 which is bullish going forward. 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 $350.
Apple (AAPL) - Apple (AAPL) is trading back around $180 even as iPhone sales continue to be weak. 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 $1150-$120 now on a big correction.
Small Cap Bull 3x (TNA) - TNA is now up 150% since the election. I like shares in the $50'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 $50.
Shake Shack (SHAK) - Shake Shack (SHAK) exploded into the $40's after another price target raise. 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 - 1/17/18
SPI Energy (SPI)
Recon Technology (RCON)
The9 (NCTY)
Kelso Tech (KIQ)
Blackhawk (HAWK)
Energizer Holdings (ENR)
