Las Vegas Sands Corp. (LVS) & Freeport-McMoRan Copper & Gold Inc. (FCX)- Weekly Stocks Pick July 5-8, 2011

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 for July 5-8, 2011.You can also check previous stocks to buy reports - Right here &  Previous Weekly Stocks Pick Gainers- Right here

Las Vegas Sands Corp. (LVS)-Las Vegas Sands Corp. is trading $38-$45 last week. Las Vegas Sands Corp will have resistance level at $46 followed by $49 now. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.

07/05-07/08 Weekly LVS resistance, pivot & support 

Resistance R3 50.81, R2 47.43, R1 45.66
Pivot Point 42.28
Support  S 40.51, S2 37.13, S3 35.36

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

Freeport-McMoRan Copper & Gold Inc. (FCX) - Freeport-McMoRan Copper & Gold Inc. (FCX) wasl trading $47-$53 last week.FCX has resistance between $56-$57 and support area is $47-$48. FCX is a buy below $50, strong buy below $45 any market correction.

07/05-07/08 Weekly FCX resistance, pivot & support

Resistance R3 61.63, R2 57.56, R1 55.53
Pivot Point 51.46
Support  S1 49.43, S2 45.36, S3 43.43

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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