5 Stocks to Watch Like $RIOT
Just 2 days left in 2020 and stocks look poised to runup in the beginning of 2021 after a bit of profit taking from investors. Bitcoin continues to soar and I’ll be watching those bitcoin cryptosucks pretty closely.
Here are the stocks I’m watching today:
Riot Blockchain (RIOT) - RIOT stock is up big so far early in today’s trading session as bitcoin hit $28,000 earlier this morning. I’ve talked a lot about bitcoin stocks like RIOT and Marathon Patent Group (MARA) and they should continue to trade positively with bitcoin.
Genius Brands (GNUS) - GNUS stock has fallen below $1.40 and I bought some more shares yesterday. I’m still bullish on the stock long term even though it’s down a lot from its recent $2 highs.
Chargepoint (SBE) - I mentioned yesterday that I bought more SBE stock under $40. It looks like it’s back up over $40 again today and I still maintain my short term $60 price target after the merger is complete.
Net Element (NETE) - NETE stock is up big 30% today and this is yet another EV stock play that is moving much higher. The company plans to produce more EVs next year. It’s worth a look if you’re looking for a quick gainer.
Romeo Power (RMO) - Romeo completed its merger today and now trades under the symbol: RMO. Let’s see how the stock does after selling off a lot from its recent $38+ highs.
That’s it for today. I won’t be trading much since I already sold off my losing positions for tax purposes. Right now, I’m just watching how the markets respond to the end of 2020. What a year it has been!
I’ll be available in our private discord chat if you have any questions to ask me.
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