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Friday, March 8, 2013

Netflix, Inc. (NFLX) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick March 4-8, 2013

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 March 4-8, 2013.You can also check previous stocks to buy reports - Right here & Previous Weekly Stocks Pick Gainers- Right here

Netflix, Inc. (NFLX) - Share of Netflix, Inc. (NFLX) Netflix, Inc. was trading $175 to $192 last week. Netflix Inc (NFLX) will have resistance located at $200.Netflix Inc (NFLX) will have  support area $156 for short term.I will keep on eye for this week. 

3/4-3/8 Weekly NFLX resistance, pivot & support
Resistance R3 212.53, R2 202.33, R1 195.85
Pivot Point 185.65
Support  S1 179.17, S2 168.97, S3 162.49

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


Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading  $43-$49 last week.Green Mountain Coffee Roasters Inc. (GMCR) is  now support at $37 and resistance at $50. GMCR is a buy for  low $30s.I will keep on eye for this week because earning on February 6, 2013. 

3/4-3/8 Weekly GMCR resistance, pivot &  support
Resistance R3 57.86, R2 53.71, R1 57.31
Pivot Point 47.16
Support  S1 44.76, S2 40.61, S3 38.21

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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