Las Vegas Sands Corp. (LVS) & Research In Motion Ltd. (RIMM)- Weekly Stocks Pick June 20-24, 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 20-25, 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 last week. Las Vegas Sands Corp will have resistance level at $42 now.If close over $42 stock has next resistance level at $45. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

06/20-06/24 Weekly LVS resistance, pivot & support 

Resistance R3 41.98, R2 40.72, R1 39.46
Pivot Point 38.69
Support  S1 37.43, S2 36.66, S3 35.40

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

Research In Motion Ltd. (RIMM)-Research in Motion (RIMM) is tanked under $28 on Friday bad earning news. Research in Motion will have resistance on the upside level at $30 & $35.  I think stock will say this area or can go low $23-$24 next support.RIMM is a strong buy low $20 now.I just want play in oversold stock play next week.This is my one top pick for 2011.

06/20-06/24 Weekly RIMM resistance, pivot & support

Resistance R3 47.12, R2 40.66, R1 34.20
Pivot Point 30.64
Support  S1 24.18, S2 20.62, S3 14.16

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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