Las Vegas Sands Corp. (LVS) & Freeport-McMoRan Copper & Gold Inc. (FCX)- Weekly Stocks Pick Oct 31- Nov 4, 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 31- Nov 4, 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 $41-$49 last week. Las Vegas Sands Corp will have resistance level at $49 followed by $52 now. Las Vegas Sands (LVS) continues to be a buy below $40. I will trade in both side in coming days.

10/31-11/04 Weekly LVS resistance, pivot & support 

Resistance R3 59.27, R2 54.35, R1 51.32
Pivot Point 46.32
Support  S 43.21, S2 38.29, S3 35.18

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 $30s.FCX has resistance $45 followed by $48 and  support area is $37. FCX is a buy low $30 any market correction.

10/31-11/04 Weekly FCX resistance, pivot & support

Resistance R3 50.36, R2 46.93, R1 44.86
Pivot Point 41.43
Support  S1 39.36 S2 35.93, S3 33.86

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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