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Top Stocks to Watch Today: Tuesday, March 23

Love trading breakouts? Then this list of stocks to watch today is for you!

On today’s list, you’ll find recent runners holding near highs. Plus, I have some new stocks with news driving price action…

And more than half of the stocks on today’s list have a breakout chart pattern.

Does that mean they’ll all breakout?

Of course not. Remember, you must consider ALL the indicators before you make a trade.  That includes volume, a catalyst, and whether a breakout pattern works for you.

Don’t try to trade every pattern you see. Focus on those that work best for you and block out all the other noise.

And if breakouts work for you, today’s list should help you do that.

Here’s my list of the top 10 stocks to watch today…

10 Stocks to Watch for Tuesday, March 23, 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:

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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Need more stocks to watch? Subscribe to my weekly watchlist and I’ll deliver the stocks I’m watching every week right to your inbox.

👉🏼 SUBSCRIBE to my no-cost weekly stock watchlist here.

For even more stocks to watch, check out these blog posts that I update weekly:

Now, here are 10 top stocks to watch today…

Stocks to Watch Today #1: BioCryst Pharmaceuticals, Inc. (NASDAQ: BCRX)

BCRX is in the hot biotech sector. Yesterday, it released news its oral inhibitor drug will move to the next trial phase.

The stock spiked big in premarket before fading off. Traders can watch for a morning panic dip buy opportunity.

 

Stocks to Watch Today #2: Amyris, Inc. (NASDAQ: AMRS)

AMRS is a synthetic biotech company in the health and beauty market. Last week the company announced it partnered with another company.

Company president and CEO, John Melo said, “This partnership is expected to deliver several million dollars in collaboration revenue this year as well as contribute to our long-term product revenue growth. We are excited to expand our platform into the fermentation-based protein market with one of the world’s leading producers of meat.”

Read the full press release here. 

There’s no other recent news on the company. The stock’s holding near recent highs. Traders can watch for a multiday breakout over $23.42.

 

Stocks to Watch Today #3: PureCycle Technologies, Inc. (NASDAQ: PCT)

PCT is a plastic recycling company. It’s another stock up on merger news.

The company went public through a merger with Roth CH Acquisition I Co. (NASDAQ: ROCH) and began trading under its new ticker on March 18.

Traders can watch for a multiday breakout over $35.

 

Stocks to Watch Today #4: Ortho Clinical Diagnostics Holdings plc (NASDAQ: OCDX)

OCDX announced fourth-quarter earnings in after-hours on March 18.

Chairman and CEO Chris Smith said, “We continue to see strong momentum in our base business as reflected in our fourth quarter 2020 Core revenue growth of 9%.”

Read the full report here.

Traders can watch for continued upside if the stock breaks out over yesterday’s high.

 

Stocks to Watch Today #5: Oncternal Therapeutics, Inc. (NASDAQ: ONCT)

ONCT is another stock from last week’s watchlist. It’s also in the hot biotech sector. Last week the company announced it granted an inducement award to a new employee. The award allows the employee to purchase up to 90,000 shares of the company at $8.36 per share.

Traders can watch for a multiday breakout over $9.45.

 

Stocks to Watch Today #6: J.Jill, Inc. (NYSE: JILL)

JILL was on the watchlist last week after it announced fourth-quarter earnings.

The stock has held near its highs, but volume is fading. Traders can watch for a multiday breakout with volume and a catalyst. Otherwise, watch for a morning panic dip buy opportunity.

 

Stocks to Watch Today #7: DraftKings Inc. (NASDAQ: DKNG)

DKNG is another stock holding near its recent highs. March Madness is creating betting opportunities for sports fans right now. But there are rumors that its rival FanDuel may go public.

Traders can watch for a breakout to new all-time highs above $74.38.

 

Stocks to Watch Today #8: LendingClub Corporation (NYSE: LC)

LC is another stock from last week’s watchlist. It spiked after ARK Fintech Innovation ETF announced it increased its stake in the company.

The stock had a morning panic yesterday but didn’t bounce. Traders can watch for more panic and a potential bounce if dip buyers come in.

 

Stocks to Watch Today #9: Box, Inc. (NYSE: BOX)

BOX was up yesterday on rumors it was investigating the potential sale of the company.

It could present a ‘buy the rumor, sell the news’ type play. Traders can watch for continued upside.

 

Stocks to Watch Today #10: Support.com, Inc. (NASDAQ: SPRT)

SPRT was one of the biggest runners in the market yesterday. At one point it was up over 300%.

The stock moved on news of its merger with the bitcoin-mining company Greenidge Generation Holdings.

The stock has a low float of under 20 million shares. Yesterday, it traded a high volume of almost 300 million shares.

 

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.

penny stock checklist

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

What Are the Best Stocks to Trade as a Beginner?

My favorite stocks to trade are penny stocks. I think they’re a great way for beginners to learn the trading process with a small account.

Can You Get Rich Trading Stocks?

Don’t come into trading with a get-rich-quick mindset. Trading is a marathon, not a sprint. It can be a lucrative career but it takes years of hard work and dedication to learn the nuances of the market — which is what I teach.

How Much Money Do You Need To Start Trading Stocks?

Only start trading with money you can afford to lose. You can start small. In fact, I teach traders to focus on education first to learn the process, then slowly scale up over time.

Is Trading Stocks Risky?

All trading is risky. No trader is right 100% of the time. That’s why I keep my losses small by cutting losses quickly.

Conclusion About Top Stocks to Watch Today

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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