Below is a list of stocks to watch on Monday. These stocks are active and have the potential to break out this week.
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Bitcoin Trust (GBTC) - GBTC continues to see large swings with the price of Bitcoin. Bitcoin will now face heavy resistance around $12,400 going forward. The 2020 halving event is 10 months away and we will see Bitcoin surge before and after this event.
Small Cap Bull 3x (TNA) - TNA dropped below $60 after the announcement of the 10% tariffs. Eventually, small caps will play catch up and outperform so you just have to hang in there.
Papa Johns (PZZA) - Shares of PZZA rallied back above $47 but then dropped to $44. Earnings are due out August 6th. I believe Papa Johns will turn around in 2020 but it appears it may not happen in 2019 (hence the stock drop recently).
Tesla (TSLA) - Tesla (TSLA) rallied 45% from the low but is now pulling back after earnings. I remain a believer in Tesla long term but at this point, TNA is a better buy below $70.
Apple (AAPL) - Apple (AAPL) failed near $220 after a strong earnings report. Apple (AAPL) is a strong buy below $190 for the long term.
Amazon (AMZN) - AMZN dropped back below $1,900. AMZN stock is a super strong buy below $1700 for the long term.
Shake Shack (SHAK) - Shake Shack (SHAK) is breaking out again. SHAK is a strong buy below $55 if we ever see another major dip. There is major resistance right now around $75.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 8/5/19
iPic Entertainment Inc (IPIC)
Aphria Inc (APHA)
Blackline Inc (BL)
Natural Grocers by Vitamin Cottage Inc (NGVC)
General Moly Inc (GMO)
Kura Sushi USA Inc (KRUS)
Sundial Growers Inc (SNDL)
PC Connection Inc (CNXN)
Floor & Decor Holdings Inc (FND)
Griffon Corporation (GFF)
Check out my Stock Picks for 2020 - Stocks to Buy 2020 - Best Penny Stocks 2020
Bitcoin Trust (GBTC) - GBTC continues to see large swings with the price of Bitcoin. Bitcoin will now face heavy resistance around $12,400 going forward. The 2020 halving event is 10 months away and we will see Bitcoin surge before and after this event.
Small Cap Bull 3x (TNA) - TNA dropped below $60 after the announcement of the 10% tariffs. Eventually, small caps will play catch up and outperform so you just have to hang in there.
Papa Johns (PZZA) - Shares of PZZA rallied back above $47 but then dropped to $44. Earnings are due out August 6th. I believe Papa Johns will turn around in 2020 but it appears it may not happen in 2019 (hence the stock drop recently).
Tesla (TSLA) - Tesla (TSLA) rallied 45% from the low but is now pulling back after earnings. I remain a believer in Tesla long term but at this point, TNA is a better buy below $70.
Apple (AAPL) - Apple (AAPL) failed near $220 after a strong earnings report. Apple (AAPL) is a strong buy below $190 for the long term.
Amazon (AMZN) - AMZN dropped back below $1,900. AMZN stock is a super strong buy below $1700 for the long term.
Shake Shack (SHAK) - Shake Shack (SHAK) is breaking out again. SHAK is a strong buy below $55 if we ever see another major dip. There is major resistance right now around $75.
Today's Biggest Stock Gainers - Marijuana Stocks 2019
Stocks to Watch - 8/5/19
iPic Entertainment Inc (IPIC)
Aphria Inc (APHA)
Blackline Inc (BL)
Natural Grocers by Vitamin Cottage Inc (NGVC)
General Moly Inc (GMO)
Kura Sushi USA Inc (KRUS)
Sundial Growers Inc (SNDL)
PC Connection Inc (CNXN)
Floor & Decor Holdings Inc (FND)
Griffon Corporation (GFF)
