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
Bitcoin Trust (GBTC) - GBTC hit another 2019 high on Tuesday and has doubled in the last three months. Bitcoin is testing critical resistance between $6000-$6200 right now 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.
Tesla (TSLA) - Tesla (TSLA) is still holding strong after the bullish equity raise last week. Tesla remains a strong buy below $300 per share, all major dips have been a strong buy, just look at the chart.
Small Cap Bull 3x (TNA) - TNA is trading in the high $60's as small caps start to play catch up. I bought a ton of TNA during that last crash late last year and plan to sell shares in the $100's in 2019/2020.
Apple (AAPL) - Apple (AAPL) bounced off $200 this week which is bullish. If we ever see a major 30% drop from the high again, buy all you can. I don't see any large pullbacks in the near future but you never know.
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 stuck in the $1900's after reporting strong earnings. I'm expecting a move to $2100 over the next 1-6 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 popped after a decent earnings report. PZZA is a strong buy below $45.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 5/9/19
Attis Industries Inc (ATIS)
Chanticleer Holdings Inc (BURG)
Avalara Inc (AVLR)
MACOM Technology Solutions Holdings Inc (MTSI)
Summit Wireless Technologies (WISA)
Protagonist Therapeutics Inc (PTGX)
Scientific Games Corp (SGMS)
Corindus Vascular Robotics Inc (CVRS)
LendingClub Corp (LC)
Obalon Therapeutics Inc (OBLN)
Check out my Stock Picks for 2019 - Stocks to Buy 2019 - Best Penny Stocks 2019
Bitcoin Trust (GBTC) - GBTC hit another 2019 high on Tuesday and has doubled in the last three months. Bitcoin is testing critical resistance between $6000-$6200 right now 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.
Tesla (TSLA) - Tesla (TSLA) is still holding strong after the bullish equity raise last week. Tesla remains a strong buy below $300 per share, all major dips have been a strong buy, just look at the chart.
Small Cap Bull 3x (TNA) - TNA is trading in the high $60's as small caps start to play catch up. I bought a ton of TNA during that last crash late last year and plan to sell shares in the $100's in 2019/2020.
Apple (AAPL) - Apple (AAPL) bounced off $200 this week which is bullish. If we ever see a major 30% drop from the high again, buy all you can. I don't see any large pullbacks in the near future but you never know.
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 stuck in the $1900's after reporting strong earnings. I'm expecting a move to $2100 over the next 1-6 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 popped after a decent earnings report. PZZA is a strong buy below $45.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 5/9/19
Attis Industries Inc (ATIS)
Chanticleer Holdings Inc (BURG)
Avalara Inc (AVLR)
MACOM Technology Solutions Holdings Inc (MTSI)
Summit Wireless Technologies (WISA)
Protagonist Therapeutics Inc (PTGX)
Scientific Games Corp (SGMS)
Corindus Vascular Robotics Inc (CVRS)
LendingClub Corp (LC)
Obalon Therapeutics Inc (OBLN)