Las Vegas Sands Corp. (LVS) & Research In Motion Ltd. (RIMM)- Weekly Stocks Pick June 6-10, 2011

During last week of trading, there were many stocks that continued to break out to the upside. Watch Resistance & support levels Below are a list of stocks that I am watching June 06-10, 2011.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

Las Vegas Sands Corp. (LVS)-Las Vegas Sands Corp. is trading $40-$44 last week. Las Vegas Sands Corp will have resistance level at $46 now.If close over $46 stock has next resistance level at $50. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

06/06-06/10 Weekly LVS resistance, pivot & support 

Resistance R3 45.43, R2 44.31, R1 43.19
Pivot Point 42.10
Support  S1 40.98, S2 39.89, S3 38.77

Technical Analysis Stock Charts: Chart Below
60m chart
Daily chart

Research In Motion Ltd. (RIMM)-Research in Motion (RIMM) is trading $38-$42 last few weeks.Motion will have resistance on the upside level at $42 followed by  & $45. I think stock will say this area or can go low $30.RIMM is a strong buy low $40.This is my one top pick for 2011.

06/06-06/10 Weekly RIMM resistance, pivot & support

Resistance R3 42.17, R2 41.10, R1 40.04
Pivot Point 39.28
Support  S1 38.22, S2 37.46, S3 36.40

Technical Analysis Stock Charts: Charts Below

60m chart
Daily chart

Weekly Stocks Pick Rule: When ever I buy or short stocks if that stocks go up short term quick 5-10% gain, I took profit and buy back in low price again. When ever I buy stock always have stop price. Always protect my original capital.

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