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Tuesday, October 11, 2011

Las Vegas Sands Corp. (LVS) & Freeport-McMoRan Copper & Gold Inc. (FCX)- Weekly Stocks Pick October 10-14, 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 October 10-14, 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 $36-$42 last week. Las Vegas Sands Corp will have resistance level at $43 followed by $45 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

10/10-10/14 Weekly LVS resistance, pivot &  support 
Resistance R3 51.06, R2 47.00, R1 44.31
Pivot Point 40.25
Support  S 37.56, S2 33.50, S3 30.81

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



 Freeport-McMoRan Copper & Gold Inc. (FCX) - Freeport-McMoRan Copper & Gold Inc. (FCX) is found support in near $28.FCX has resistance $36 followed by $40 and  support area is $41-$42. FCX is a buy below $30 any market correction.

10/10-10/14 Weekly FCX resistance, pivot &  support
Resistance R3 43.74, R2 39.73, R1 36.87
Pivot Point 32.86
Support  S1 30.00, S2 25.99, S3 23.73

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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