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Wednesday, January 31, 2018

Stocks to Buy 2/1/18 February 1, 2018

Stocks to Buy 2/1/18 February 1, 2018 - @stockstobuy - Twitter

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)