Welcome to Stock Trading Signals

Daily Top Stocks Pick Alert

Hottest Stocks in 2015- ANAC- ZIOP -ADXS- EXEL
Hottest Penny Stocks in 2015 - CTRV -HLTH-FRO
Stocks Pick in 2015 - AAPL - BAC - ANR - X
Hottest Stocks in 2014- AVNR- AGIO -ACH- VDSI
Hottest Penny Stocks in 2014 - JOB -PLUG-QTM
My Daily Trading Activities - Membership Link

Sunday, April 29, 2012

Molycorp (MCP) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick April 30-May 4, 2012

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 watch April 30-May 4, 2012.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

Molycorp Inc. (MCP)-  Molycorp (MCP) was down last week.New support located at $27.50 and resistance area is $31.27.Share of  Molcorp (MCP) trade under $30 November which is good for 1/2 long my position for 2012, I am long for 2nd  half go long for low $23s. I believe that stock could see $50 stock next 12 months.But stock is short term overbought last week, I sold near $35 and I want buy back near $28 again last week. But I am still trading for short term weekly trade because I  want to make some weekly gain in my account.This is my one of the Top Pick for 2012.

4/30-5/4 Weekly MCP resistance, pivot & support
Resistance R3 31.08, R2 30.31, R1 29.04
Pivot Point 28.27
Support  S1 27.00, S2 26.23, S3 24.96

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



Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading under $50s last week. GMCR is a buy for a trade low $40s and resistance level is $50. Stock is buy near $40 for quick trade.I will keep on eye for this week. 

4/30-5/4 Weekly GMCR resistance, pivot & support
Resistance R3 56.36, R2 52.63, R1 50.26
Pivot Point 46.53
Support  S1 44.16, S2 40.43, S3 38.06

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/