Below is a list of stocks to watch on Thursday. 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) is dropping back to $340 after a massive rally. All eyes will be on earnings next week. 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.
Bitcoin Trust (GBTC) - GBTC dropped into the $16's on Wednesday. This is the easiest way to buy Bitcoin without having to have an actual Bitcoin account. GBTC will continue to trade lock-step to bitcoin. Bitcoin will continue to find heavy buying below $10,000.
Apple (AAPL) - Apple (AAPL) is trading back below $170 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-$1200 now on a big correction.
Small Cap Bull 3x (TNA) - TNA is now up 140% 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 mid $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 - 2/1/18
Cascadian Therapeutics (CASC)
Biostar Pharma (BSPM)
Atossa Genetics (ATOS)
Kingtone Wireless (KONE)
Check out my Stock Picks for 2018 - Stocks to Buy 2018 - Best Penny Stocks 2018
Tesla (TSLA) - Tesla (TSLA) is dropping back to $340 after a massive rally. All eyes will be on earnings next week. 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.
Bitcoin Trust (GBTC) - GBTC dropped into the $16's on Wednesday. This is the easiest way to buy Bitcoin without having to have an actual Bitcoin account. GBTC will continue to trade lock-step to bitcoin. Bitcoin will continue to find heavy buying below $10,000.
Apple (AAPL) - Apple (AAPL) is trading back below $170 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-$1200 now on a big correction.
Small Cap Bull 3x (TNA) - TNA is now up 140% 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 mid $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 - 2/1/18
Cascadian Therapeutics (CASC)
Biostar Pharma (BSPM)
Atossa Genetics (ATOS)
Kingtone Wireless (KONE)
