Las Vegas Sands Corp. (LVS) & Molycorp (MCP)- Weekly Stocks Pick September 6-9, 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 September 6-9, 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 over all moving average  last week. Las Vegas Sands Corp will have resistance level at $48 followed by $50 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

09/06-09/09 Weekly LVS resistance, pivot & support 

Resistance R3 50.47, R2 49.08, R1 47.09
Pivot Point 45.09
Support  S 43.71, S2 42.32, S3 40.71

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

Molycorp (MCP)- Share of  Molcorp (MCP) was trading $52-$58 last week. Molycorp will have resistance at $58, follow by $60 and support area $50.This stock is buy any correction near $50 again.  I will keep on eye for this week. 

09/06-09/09 Weekly MCP resistance, pivot & support

Resistance R3 63.56, R2 61.02, R1 57.91
Pivot Point 55.37
Support  S1 52.26, S2 49.72, S3 46.61

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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