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Wednesday, October 10, 2012

First Solar, Inc.(FSLR) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick Ocotober 8-12, 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 October 8-12,  2012.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading  $24-$22 last week.Green Mountain Coffee Roasters Inc. (GMCR) is  now support at $21.59 and resistance at $26.25 & 200 ema. GMCR is a buy for  low $20s.I will keep on eye for this week. 

10/8-10/12 Weekly GMCR resistance, pivot & support
Resistance R3 26.15, R2 25.26, R1 23.69
Pivot Point 22.80
Support  S1 24.23, S2 20.34, S3 18.77

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




First Solar, Inc.(FSLR)-Share of First Solar, Inc.(FSLR) is trading $20-25 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 few weeks 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 $24.45. 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. 

10/8-10/12 Weekly FSLR resistance, pivot & support
Resistance R3 26.12, R2 24.75, R1 22.41
Pivot Point 21.04
Support  S1 18.70, S2 17.33, S3 19.49

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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