Eastman Kodak Company (NYSE:KODK) stock continues to soar today, up another 50% to $12. After a massive 200% rally yesterday, shares are red hot in pre market and KODK is probably the top stock to trade right now.
Yesterday, Eastman Kodak (KODK) received a large $765 million loan from the U.S Government to fix the medical supply chain. KODK stock was trading in the $4's and quickly rallied into the $6's. Right after the open, shares soared to $11.80 before selling off into the close. Today in pre market, we are seeing a gap up as noted above.
Traders will be eyeing yesterday's high of $11.80 which will act as both support and resistance depending on the opening price. After $11.80, there is a huge resistance level at $13.27 from 2018.
Try not to fall in love with Kodak (KODK) because its only a matter of time before shares fall back to earth. These loans never really amount to anything of long term value.
Showing posts with label hot stocks 2020. Show all posts
Showing posts with label hot stocks 2020. Show all posts
Wednesday, July 29, 2020
Monday, August 19, 2019
Top Stocks 2020
Below is a list of the top stocks for 2020. These hot stocks are breaking out to the upside and continue to provide excellent trading opportunities in 2020. For more information in the top stocks in 2020, visit these links - Top Penny Stocks 2020 - Stocks to Buy 2020
Top Stocks in 2020
Grayscale Bitcoin Trust (GBTC) - My top stock pick in 2020 continues to be GBTC. I purchase a ton of GBTC stock in the $4's earlier this year and haven't sold. I'm bullish on the price of Bitcoin in 2020 and this is the only pure-play bitcoin stock to buy. GBTC can easily hit $26 per share when Bitcoin trades up to $20,000 per coin. I'm expecting shares to double in 2020.
Small Caps Bull 3x (TNA) - Small Caps are having a hard time given the US-China Trade Deal uncertainty. When a deal is finally stuck with China, TNA will soar again. My long term price target remains at $100. At $55, TNA is a cheap stock to buy for 2020.
Papa Johns (PZZA) - I love a good turnaround story and I'm betting that this will be the case with Papa Johns (PZZA) in 2020. Shares are trading at $43 right now and I'm expecting the stock to rally into the $60's next year.
Follow @stockstobuy
Top Stocks in 2020
Grayscale Bitcoin Trust (GBTC) - My top stock pick in 2020 continues to be GBTC. I purchase a ton of GBTC stock in the $4's earlier this year and haven't sold. I'm bullish on the price of Bitcoin in 2020 and this is the only pure-play bitcoin stock to buy. GBTC can easily hit $26 per share when Bitcoin trades up to $20,000 per coin. I'm expecting shares to double in 2020.
Small Caps Bull 3x (TNA) - Small Caps are having a hard time given the US-China Trade Deal uncertainty. When a deal is finally stuck with China, TNA will soar again. My long term price target remains at $100. At $55, TNA is a cheap stock to buy for 2020.
Papa Johns (PZZA) - I love a good turnaround story and I'm betting that this will be the case with Papa Johns (PZZA) in 2020. Shares are trading at $43 right now and I'm expecting the stock to rally into the $60's next year.
Follow @stockstobuy
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