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Thursday, August 25, 2011

Las Vegas Sands Corp. (LVS) & Ford Motor Co. (F)- Weekly Stocks Pick August 22-26, 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 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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