We recently started a new weekly series on what we’re calling the “trending stock of the week” — stocks that are being featured heavily in the news right now. This week’s “trending stock of the week” is Tesla (TSLA), and today we’re sharing our recommendation for how to trade TSLA now.
Ligand Pharmaceuticals (NASDAQ: LGND) Could Move Higher in the Short-Term
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•Our target potential upside is 16% to 26% in the next 3-6 months.
Trade Olin’s (NYSE: OLN) Drop for a Potential 100% Return in Two Months
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•The trend reversal patterns are set up for it to move lower for the next few weeks.
Warning: Top 5 Hyped Penny Stocks with Red Flags
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•These stocks are being touted by influencers with far-reaching audiences, carrying the risk of a “pump and dump”: Cinedigm Corp (CIDM), Fansunite Entertainment (FUNFF), Peak Fintech (PKKFF), Hexo Corp (HEXO), and CloudMD Software & Services (DOCRF).
Upgrades and Downgrades for Tuesday, 12/15
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•Here are today’s upgrades and downgrades: Exxon Mobil, Wells Fargo, Medtronic, Amgen, Chevron, Royal Dutch Shell, Bristol-Myers, Southern Company and more.
The Top 10 Stocks to Watch This Week for Possible Breakouts
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•These stocks look poised to make a move in the coming days: Johnson Outdoors (JOUT), Oshkosh (OSK), Donegal Group (DGICA) and more.
Concert Pharmaceuticals (NASDAQ: CNCE) Could Make an Upmove in the Near-Term
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•Our target potential upside is nearly 11% to 33% in the next 3-5 months.
This JD.com (Nasdaq: JD) Stock Trade Could Double Your Money in About Two Months
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•The underlying stock’s daily stochastic indicators are in oversold territory and made a bullish crossover on Friday. The last few instances where this has happened have been pretty solid bullish signals.
Upgrades and Downgrades for Monday, 12/14
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•Here are today’s upgrades and downgrades: McDonald’s, Disney, Clorox, Airbnb, Grainger, American Water, BJ’s Wholesale and more.
Sangamo Therapeutics (NASDAQ: SGMO) Just Broke Out on High Volume
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•Our target potential upside is nearly 27% to 88% in the next 3-6 months.