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Wednesday, June 13, 2012

First Solar, Inc.(FSLR) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick June 11-15, 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 June 11-15, 2012.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

First Solar, Inc.(FSLR)-Share of First Solar, Inc.(FSLR) is trading $11.50-$15 last week.Share of First Solar, Inc. (FSLR) is one of the worst stock of year 2011.I am long some under $14 last week and I am looking for long side under $13 may be next week long term buy any market correction. I am just 10% long near $40 level and looking any pullback. This stock could be $60-$70 stock  next 12 months. Stock was one of the hot stock was $2010-$2111. First Solar, Inc. (FSLR) is a strong buy below $20 per share for long term buy list  for 2012.This is my one of the Top Pick for 2012. 

6/11-6/15 Weekly FSLR resistance, pivot & support
Resistance R3 16.36, R2 15.10, R1 13.95
Pivot Point 12.69
Support  S1 11.54, S2 10.28, S3 9.13

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



Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading  $25-$22 this week. GMCR is a buy for a trade low $20s and resistance level is $27-$28. Stock is buy near $20 for quick trade.I will keep on eye for this week. 

6/11-6/15 Weekly GMCR resistance, pivot & support
Resistance R3 28.06, R2 26.53, R1 24.83
Pivot Point 23.30
Support  S1 21.60, S2 20.07, S3 18.37

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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