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 2019 -
Stocks to Buy 2019 -
Best Penny Stocks 2019
Bitcoin Trust (GBTC) - GBTC topped out at $11 last week, dropped to $9, and is now back above $10. Bitcoin will now face heavy resistance between $8000-$8500 so expect volatility to rise going forward. The 2020 halving event is just one year away and we will see Bitcoin surge before and after this event.
Small Cap Bull 3x (TNA) - TNA is trading around $60 as we head into the summer. This is my top holding and long term I plan to sell shares in the $100's in 2020.
Tesla (TSLA) - Tesla (TSLA) continues to drop but should soon bottom below $200. Tesla remains a strong buy below $300 per share, all major dips have been a strong buy, just look at the chart.
Apple (AAPL) - Apple (AAPL) broke $190 recently. If we ever see a major 30% drop from the high again, buy all you can. Buy shares below $160.
Avon Products (AVP) - Bill Miller announced earlier this year that he has been buying shares of AVP and shares could hit the $20's in the coming years. AVP is seeing a rebound but dips below $2.60 have seen heavy buying. AVP is now my Top
Penny Stocks to Buy
Amazon (AMZN) - AMZN is range bound and trading below $1900 again. I'm expecting a move to $2100 over the next 6 months.
Shake Shack (SHAK) - Shake Shack (SHAK) is seeing a dip after a strong earnings report. SHAK is a strong buy below $50 if we ever see another major dip. There is major long term support around $44.
Papa Johns (PZZA) - Shares of PZZA are selling off with the stock market. PZZA is a strong buy below $45.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 5/22/19
JMU Ltd (JMU)
CIRCOR International Inc (CIR)
Stein Mart Inc (SMRT)
DelMar Pharmaceuticals Inc (DMPI)
Array BioPharma Inc (ARRY)
Dycom Industries Inc (DY)
Red Violet Inc (RDVT)
Qudian Inc (QD)
Workhorse Group Inc (WKHS)
Qudian Inc (QD)
Daqo New Energy Corp (DQ)
Jumia Technologies AG (JMIA)