Below is a list of stocks to buy on Thursday. These stocks are active and have the potential to break out this week. For more in-depth ideas, join my trading group -
Stock Picks Group
Check out my Stock Picks for 2016 -
Stocks to Buy 2016 -
Penny Stocks Picks 2016
Celator Pharma (CPXX) - CPXX is one of the top stocks in 2016, Up over 500%.
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Repros Therapeutics Inc. (RPRX) - Repros Therapeutics Inc. (RPRX) appears to be starting to die down now. RPRX will continue to have resistance up at $3.48.
Small Cap Bull 3x (TNA) - TNA has now rallied from $35.50-$63.30 in a few months. Expect wild $5-$10 swings up and down in 2016 as these types of big moves will be very common this year. Buy TNA when it crashes, sell on the way up. TNA is my top stock to trade in 2016.
China 3x Bull ETF (YINN) - YINN is trading between $15-$16 right now and could go either way here. China is on the rebound thanks to oil so keep an eye on this situation going forward.
Shake Shack (SHAK) - Shake Shack (SHAK) has been weak after hitting resistance in the $38's last week. SHAK is a strong buy below $30 heading into earnings in two months. The chart tell us SHAK may have bottomed again.
Tesla (TSLA) - Tesla (TSLA) is back trading in the $240's. Tesla (TSLA) will now have major support located between $220-$240.
Twitter (TWTR) - Twitter (TWTR) is trading up above $17 again. A break above $18 would be a bullish sign and then TWTR will have resistance up between $19-$20 going forward. TWTR needs to hold $15 into earnings.
Chipotle (CMG) - Chipotle (CMG) is down in the $450's again. Shares are a strong buy below $410 but this looks like another great opportunity.
Apple (AAPL) - Apple (AAPL) continues to be weak which has me concerned for the overall market. AAPL fell short of my $115-$120 price target that I called when shares were trading in the $95's. However, I feel confident AAPL will resume to greatness.
Keep an eye on CPXX & HMY which are some of the hottest stocks in 2016 above $2.
Top Stock Gainers 2016
Alexco Resource (AXU) is one of the
Top Performing Penny Stocks in 2016 - Also watch SSN & GSS.
Stocks to Watch - 4/21/16
Hansen Medical, Inc. (HNSN)
Oculus Innovative Sciences, Inc. (OCLS)
OncoSec Medical Incorporated (ONCS)
VMware, Inc. (VMW)
Barrett Business Services Inc. (BBSI)
Manhattan Associates, Inc. (MANH)
Southcross Energy Partners, L.P. (SXE)
Lexmark International Inc. (LXK)
Adeptus Health Inc. (ADPT)
LegacyTexas Financial Group Inc. (LTXB)
