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Monday, September 24, 2012

United States Steel Corp (X) & First Solar, Inc.(FSLR) - Weekly Stocks Pick September 24-28, 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 watching September 24-28,  2012.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

United States Steel Corp (X)-Share of  United States Steel Corp. (X) is trading near $18-$23 last week. Stock is trading range last few weeks $18.29 to $23 which is the support and resistance level.This will be one of the best stock year 2013 & 1214. This is my one of the Top Pick for 2012.

9/24-9/28 Weekly X resistance, pivot & support
Resistance R3 23.73, R2 22.84, R1 21.39
Pivot Point 20.50
Support  S1 19.05, S2 18.16, S3 16.71

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



First Solar, Inc.(FSLR)-Share of First Solar, Inc.(FSLR) is trading $21-24.60 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 sold all my long near $26 last week because I got nice $7 gain.I want buy back mid $10 again for longer term buy again.I want to swing trade next week because short term resistance level is $26.31. This stock could be $40-$50 stock  next 12 months. Stock was one of the hot stock was $2010-$2111. First Solar, Inc. (FSLR) is a strong buy low $10s per share for long term buy list  for 2012.This is my one of the Top Pick for 2012. 

9/24-9/28 Weekly FSLR resistance, pivot & support
Resistance R3 27.10, R2 25.85, R1 23.52
Pivot Point 22.27
Support  S1 19.94, S2 18.69, S3 16.36

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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