Due to demand, my ‘stocks to watch today’ posts will focus on higher-priced stocks.
No, I don’t trade higher-priced stocks myself. But I believe in education and taking advantage of opportunities when they present themselves. And this market is offering a ton of them right now.
So if you like higher-priced stocks and have a strategy that works for you — that’s great.
My list of stocks to watch can potentially help you narrow your focus with all the runners in this insane market.
There are so many hot sectors right now, with stocks in a wide variety of prices …This list might open your eyes to opportunities you weren’t aware of.
But don’t just follow these picks — always make your own trading plans.
Preparation is key if you want to take advantage of this hot market. So study up!
Here’s the list of top 10 stocks to watch today.
10 Stocks to Watch for Friday, February 12, 2021
Remember, this is a watchlist, not a ‘must trade’ list. I’m not always right, and I don’t trade everything I watch. That’s why you should never blindly follow or buy anyone’s stock picks — even mine.
But there’s always something you can learn.
Watch out for patterns that fit your strategy. Always have a trading plan for every trade. Here are some resources to help you get started:
- 13 Stock Chart Patterns You Should Know: A Complete Guide
- 8 Day Trading Strategies You Need To Know
- Trading Plan: How to Create One in 2021 (Step by Step)
If you’ve been following my blog and lessons, you know I love to trade low-priced stocks. (To learn more about trading penny stocks, get my FREE guide here.)
The stocks on this list aren’t penny stocks. Even if I rarely trade higher-priced stocks, their movements can still affect stocks within my price range. So to me, they’re worth watching.
If you want to know which penny stocks I’m watching…
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For even more stocks to watch, check out these blog posts that I update weekly:
- Get my weekly top penny stocks list here.
- Want to trade a specific sector? Check out my biotech penny stocks watchlist here.
Now, here are 10 top stocks to watch today…
Stocks to Watch Today #1: MicroVision, Inc. (NASDAQ: MVIS)
MVIS is a higher-priced tech company, but it was a penny stock just a few months ago.
Wednesday afternoon the company provided a progress update on a sample of its long-range lidar sensor for potential future use in self-driving cars.
The stock broke out yesterday over $16.20 and made a high of $22.43. This market is creating overextended stocks. Remember to sell into strength.
Stocks to Watch Today #2: HUYA Inc. (NYSE: HUYA)
HUYA is a China-based live-streaming platform for gaming.
Yesterday it had a multi-month breakout over $30.50 and made a high of $34.35. HUYA is a former runner. It went from $15 to $50 per share after its IPO in 2018.
Stocks to Watch Today #3: Amkor Technology, Inc. (NASDAQ: AMKR)
AMKR announced its third-quarter earnings on Monday. And after-hours on Wednesday it was reported that the company will join the S&P MidCap 400.
Yesterday the stock had a gap up and multi-day breakout over $19.50 per share on the news.
Stocks to Watch Today #4: Esports Entertainment Group, Inc. (NASDAQ: GMBL)
Online gambling stocks have been growing since casinos started to shut down in 2020.
GMBL is a volatile stock with a low float of under 10 million shares. It had a big morning panic and bounced yesterday morning after it announced a multi-year deal with the Baltimore Ravens football team.
Traders can watch for a multi-day breakout over $20.75.
Stocks to Watch Today #5: Riot Blockchain, Inc. (NASDAQ: RIOT)
Riot is a crypto play that moves in sympathy to bitcoin. It’s been running since November 2020 when it broke above $4 per share.
Thanks to bitcoin’s crazy run, the stock now trades in the high $40s. Yesterday it briefly made new all-time highs of $46.64.
Traders can watch for a breakout above its $46.64 high but should also watch the sector leader.
Stocks to Watch Today #6: Marathon Patent Group, Inc. (NASDAQ: MARA)
MARA is a tech company that mines cryptocurrencies and another stock that follows bitcoin. Traders can watch for a breakout over the $41 high from yesterday. But again, it depends on which direction bitcoin is headed.
Stocks to Watch Today #7: Ocugen, Inc. (NASDAQ: OCGN)
On February 3, OCGN announced it entered into an agreement with institutional investors for the purchase of 3 million shares at $7.65 per share. The stock closed the previous day at only $5.25 per share.
The stock had a huge gap up and is holding support around $9 per share. Yesterday it had a bounce from around $9 to $13.50. Traders could watch for a short squeeze.
Stocks to Watch Today #8: Virgin Galactic Holdings, Inc. (NYSE: SPCE)
Yesterday, SPCE announced that it may do a test flight of its spaceplane as early as this weekend.
Traders can watch for the stock to break out to new all-time highs above $62.80. Monday could also be an interesting day for this stock depending on the results of the test flights.
Stocks to Watch Today #9: RCM Technologies, Inc. (NASDAQ: RCMT)
Wednesday afternoon RCMT provided an update on its projects assisting clients to produce higher grade ethanol for use in products like sanitizer.
Traders can watch for the stock to find support and bounce for a potential short squeeze. The stock has a low float of under 10 million shares so that could create volatile moves.
Stocks to Watch Today #10: Applied DNA Sciences, Inc. (NASDAQ: APDN)
Yesterday, APDN announced that its virus screening technology detected the first case of the UK variant of COVID-19 in Kansas. The positive news caused a brief multi-day breakout over $13.
However, the company also released earnings after hours yesterday and the stock went from a closing price of $12.57 to the $10s. It could bounce today but don’t try to predict, just react.
How I Find Stocks to Trade
There’s no big secret behind how I find stocks to trade. I always tell students to look at the biggest percent gainers on StocksToTrade.
Full disclosure: I helped develop StocksToTrade. I also invested in it. I wanted a tool to help me search specifically for the low-priced stocks I love to trade. I’m proud of it, and I truly believe this platform offers the top tools for traders to find and research stocks of any price.
STT has built-in watchlists, scans, beautiful charts, and all the indicators active traders need. It also has a social media feed and a news feed. And it includes broker integration so you can trade right from the platform.
I use it every day to find the stocks that fit my strategy — like volatile penny stocks with a catalyst and high volume.
And I credit the StocksToTrade Breaking News Chat feature for a huge portion of my over $1.1 million in profits in 2020.* The guys who run this service crank out breaking news FAST.
Try a 14-day trial of StocksToTrade with Breaking News Chat for only $17!
(*Please note: My results are far from typical. Individual results will vary. Most traders lose money. I have the benefit of years of hard work, dedication, and experience. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Frequently Asked Questions About Stocks to Watch Today
How Can Beginners Trade Penny Stocks?
I recommend every new trader starts building a knowledge account before trading. Study everything you can, watch the market in real time, and paper trade before you risk your hard-earned cash.
What Should I Look for When Buying Penny Stocks?
I look for penny stocks that are spiking on news. And I like stocks that have high volume so I can trade in and out quickly.
How Do I Find Penny Stocks Under $1?
I use StocksToTrade scanners to find penny stocks under $1. You can use one of its 40+ built-in scans or customize your own based on your trading criteria.
Conclusion
Remember to only use this list of stocks to watch as a guide. Dig deeper into why these stocks are on my watchlist. Use all my trading resources to build your trading education.
I want you to become self-sufficient.
I’m just training wheels. And I’ve had the privilege of working with many top traders in my Trading Challenge. It’s a proud moment for me when they prove they don’t need me anymore. They take my lessons and strategies and make them their own.
If you want to get the same education as those top traders, apply for my Trading Challenge. I don’t accept everyone. Honestly, I don’t have time for anyone who only wants to be spoon-fed ‘hot’ stock picks.
I teach the trading process, mindset, strategies, and patterns to help my students find their own way in the markets. If that’s your goal as a trader, apply today.
What do you think about these top stocks to watch today? Do you see potential trades? Let me know in the comments … I’d love to hear from you!
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