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 12-16, 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. was trading 42-48 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.
09/12-09/16 Weekly LVS resistance, pivot & support Pivot Point 46.11
Support S1 43.76, S2 40.91, S3 38.56
Technical Analysis Stock Charts: Chart Below
60m chart
Daily chart
Research In Motion Ltd. (RIMM)-Research in Motion (RIMM) is closed under $30 because of broker downgraded on Friday.Research in Motion will have resistance on the upside level at $35 and support level is $28.RIMM is a strong buy low $20 now. This is my one top pick for 2011.
09/12-09/16 Weekly RIMM resistance, pivot & support Pivot Point 30.38
Support S1 28.29, S2 26.96, S3 24.81
Technical Analysis Stock Charts: Charts Below
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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