Molycorp (MCP) & Las Vegas Sands Corp. (LVS) - Weekly Stocks Pick November 7-11, 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 November 7-11, 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 $40. I will trade in both side in coming days.

11/7-11/11 Weekly LVS resistance, pivot & support 

Resistance R3 54.29, R2 51.77, R1 50.08
Pivot Point 47.56
Support  S 45.87, S2 43.35, S3 41.66

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

Molycorp Inc. (MCP)- Share of  Molcorp (MCP) was trading over $40 last week. Molycorp will have resistance at $41 follow by $42 and support area $35.This stock is buy any correction under $30 again for swing trade. I will keep on eye for this week. 

11/7-11/11 Weekly MCP resistance, pivot & support

Resistance R3 46.55, R2 43.72, R1 41.95
Pivot Point 39.12
Support  S1 37.35, S2 34.52, S3 32.75

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.

For the latest updates on the stock market, visit, 
http://daytradingstock-blog.blogspot.com/