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Tuesday, June 26, 2012

First Solar, Inc.(FSLR) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick June 25-29, 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 25-29, 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 $13.50-$16.50 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. 

6/25-6/29 Weekly FSLR resistance, pivot & support
Resistance R3 19.60, R2 18.10, R1 16.94
Pivot Point 15.35
Support  S1 14.28, S2 12.69, S3 11.62

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



Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading  $19-$22 last week. GMCR is a buy for a trade low $19s and resistance level is $23. Stock is buy near $19 for quick trade.I will keep on eye for this week. 

6/25-6/29 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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