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
Phunware Inc. (PHUN) - Have you seen one of the hottest stocks in 2019 so far? PHUN has been red hot so far in 2019 and continues to see wild swings. Volume is very thin so be very careful trading this stock. Support is located between $130-$145.
Tesla (TSLA) - Tesla (TSLA) is back trading near $300 after falling into the $270's last week. Tesla will deliver earnings Wednesday night and there are many positive catalysts. Resistance is located around $308 going forward. I'm expecting TSLA stock to trade in the $400's in 2019.
Apple (AAPL) - Apple (AAPL) is back above $160 after the company beat earnings on Tuesday. Apple is a super strong buy below $150 for the rest of 2019. I'm expecting this stock to recover between $170-$180 going forward.
Small Cap Bull 3x (TNA) - TNA is up 50% since the December stock market drop. I bought a ton of TNA during this period and plan to sell above $100 in the coming years.
Bitcoin Trust (GBTC) - GBTC has been trading in the $4's for the last 30 days or so. GBTC should be accumulated here because I don't see Bitcoin going much lower than $3,000.
Amazon (AMZN) - Shares of AMZN bounced nicely but are now stuck in a range between $1,600-$1,700. AMZN will have support at $1500 on a larger correction.
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.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 1/31/19
Co-Diagnostics Inc (CODX)
China SXT Pharmaceuticals Inc (SXTC)
BIO-Key International Inc (BKYI)
Orchids Paper Products Company (TIS)
BIO-Key International Inc (BKYI)
China Recycling Energy Corp (CREG)
MDJM Ltd (MDJH)
MYnd Analytics Inc (MYND)
Eyenovia Inc (EYEN)
Ekso Bionics Holdings Inc (EKSO)
Advanced Micro Devices Inc (AMD)
Cleveland-Cliffs Inc (CLF)
Mercury Systems Inc (MRCY)
Conns Inc (CONN)