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 2019 - Stocks to Buy 2019 - Best Penny Stocks 2019
Avon Products (AVP) - Bill Miller came on CNBC last week and mentioned that he has been buying AVP and shares could hit the $20's in the coming years. AVP is now my Top Penny Stocks to Buy
Tesla (TSLA) - Tesla (TSLA) continues to rally off the $294 low and is up 11% in a week. TSLA will now have resistance up in the low $330's and I view all drops below $300 as a strong buy in 2019. Here are my thoughts on the quarter - https://daytradingstockblog.blogspot.com/2019/01/tesla-tsla-stock-upgraded-2019-price.html
Small Cap Bull 3x (TNA) - TNA continues to rally and is coming up on resistance around $60 per share. I bought a ton of TNA during that last crash and plan to sell shares in the $100's.
Amazon (AMZN) - Shares of AMZN saw a nice rebound on Wednesday. AMZN will have strong support around $1500 if we see more downside.
Apple (AAPL) - Apple (AAPL) is back above $174 after the company beat earnings last week. Apple is a super strong buy below $150 for the rest of 2019. The stock has now recovered significantly but will face heavy resistance around $180.
Bitcoin Trust (GBTC) - GBTC continues to drop with the price of Bitcoin. GBTC should be accumulated here because I don't see Bitcoin going much lower than $3,000.
Shake Shack (SHAK) - Shake Shack (SHAK) has been very volatile lately which could tell us a good quarter is around the corner. SHAK remains a strong buy near $45 for the long term.
Papa Johns (PZZA) - Shares of PZZA soared 11% this week after the company received an investment from Starboard. PZZA will report earnings in late February.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 2/7/19
MacroGenics Inc (MGNX)
Novelion Therapeutics Inc (NVLN)
SCWorx, Corp (WORX)
Bionano Genomics Inc (BNGO)
Snap (SNAP)
Trevena Inc (TRVN)
Skyline Corporation (SKY)
Plantronics Inc (PLT)
SPI Energy Co Ltd (SPI)
Check out my Stock Picks for 2019 - Stocks to Buy 2019 - Best Penny Stocks 2019
Avon Products (AVP) - Bill Miller came on CNBC last week and mentioned that he has been buying AVP and shares could hit the $20's in the coming years. AVP is now my Top Penny Stocks to Buy
Tesla (TSLA) - Tesla (TSLA) continues to rally off the $294 low and is up 11% in a week. TSLA will now have resistance up in the low $330's and I view all drops below $300 as a strong buy in 2019. Here are my thoughts on the quarter - https://daytradingstockblog.blogspot.com/2019/01/tesla-tsla-stock-upgraded-2019-price.html
Small Cap Bull 3x (TNA) - TNA continues to rally and is coming up on resistance around $60 per share. I bought a ton of TNA during that last crash and plan to sell shares in the $100's.
Amazon (AMZN) - Shares of AMZN saw a nice rebound on Wednesday. AMZN will have strong support around $1500 if we see more downside.
Apple (AAPL) - Apple (AAPL) is back above $174 after the company beat earnings last week. Apple is a super strong buy below $150 for the rest of 2019. The stock has now recovered significantly but will face heavy resistance around $180.
Shake Shack (SHAK) - Shake Shack (SHAK) has been very volatile lately which could tell us a good quarter is around the corner. SHAK remains a strong buy near $45 for the long term.
Papa Johns (PZZA) - Shares of PZZA soared 11% this week after the company received an investment from Starboard. PZZA will report earnings in late February.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 2/7/19
MacroGenics Inc (MGNX)
Novelion Therapeutics Inc (NVLN)
SCWorx, Corp (WORX)
Bionano Genomics Inc (BNGO)
Snap (SNAP)
Trevena Inc (TRVN)
Skyline Corporation (SKY)
Plantronics Inc (PLT)
SPI Energy Co Ltd (SPI)