Las Vegas Sands Corp. (LVS) & Freeport-McMoRan Copper & Gold Inc. (FCX)- Weekly Stocks Pick August 8-12, 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 8-12, 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 $38-$45 last week. Las Vegas Sands Corp will have resistance level at $46 followed by $49 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

08/08-08/12 Weekly LVS resistance, pivot &  support 

Resistance R3 57.45, R2 53.10, R1 47.49
Pivot Point 43.14
Support  S 37.53, S2 33.18, S3 27.57

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

Freeport-McMoRan Copper & Gold Inc. (FCX) - Freeport-McMoRan Copper & Gold Inc. (FCX) wasl trading $44-$53 last week.FCX has resistance between $51-$52 and support area is $42-$43. FCX is a buy below $40, strong buy below $40 any market correction.

08/08-08/12 Weekly FCX resistance, pivot &  support

Resistance R3 62.87, R2 58.71, R1 52.35
Pivot Point 48.19
Support  S1 41.83, S2 37.67, S3 31.31

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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