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 for August 22-26, 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-$45 last week. Las Vegas Sands Corp will have resistance level at $45 followed by $49 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.
08/22-08/26 Weekly LVS resistance, pivot & support Resistance R3 49.23, R2 47.28, R1 44.31
Pivot Point 45.12
Support S 39.39, S2 37.44, S3 34.47
Technical Analysis Stock Charts: Chart Below
60m chart
Daily chart
Ford Motor Co. (F)-Share of Ford Motor is trading over 9 day moving average now.Ford (F) will have resistance at $11.45 and support level is $9.87.Ford will now hit the next resistance level $11.45 Ford continues is a strong buy below low $10.This is my one of the top pick for 2011.
08/22-08/26 Weekly F resistance, pivot & support Resistance R3 12.54, R2 11.99, R1 10.99
Pivot Point 10.44
Support S1 9.44, S2 8.89, S3 7.89
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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