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Monday, October 24, 2011

Las Vegas Sands Corp. (LVS) & Acme Packet,Inc (APKT)- Weekly Stocks Pick October 24-28, 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 October 24-28, 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 40-45 last week. Las Vegas Sands Corp will have resistance level at $45 followed by $48 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

10/24-10/28 Weekly LVS resistance, pivot &  support 
Resistance R3 50.33, R2 48.20, R1 44.74
Pivot Point 42.41
Support  S1 38.95, S2 36.62, S3 33.16

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



Acme Packet,Inc (APKT)-Share of Acme Packet Inc big drop last week because of bad earning news.New resistance area is $35 followed by $40. Stock is new support $27-$30 which is need hold this area.I will trade in both side.If I short my stop will be $35.

10/24-10/28 Weekly APKT resistance, pivot & support
Resistance R3 49.93, R2 45.84, R1 38.13
Pivot Point 34.09
Support  S1 26.33, S2 22.29, S3 14.53

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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