First Solar, Inc.(FSLR) & Green Mountain Coffee Roasters Inc. (GMCR) - Weekly Stocks Pick May 7-11, 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 May 7-11, 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 under $17 last week.Share of First Solar, Inc. (FSLR) is one of the worst stock of year 2011.I am long some under 20 last week and I am looking for long side under $17 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. 

5/7-5/11 Weekly FSLR resistance, pivot & support

Resistance R3 21.36, R2 20.42, R1 18.68
Pivot Point 17.74
Support  S1 16.00, S2 15.06, S3 13.32

Technical Analysis Stock Charts: Charts Below

60m chart
Daily chart

Green Mountain Coffee Roasters Inc. (GMCR) - Green Mountain Coffee Roasters Inc. (GMCR) is trading under $30 this week. GMCR is a buy for a trade low $20s and resistance level is $32-$35. Stock is buy near $20 for quick trade.I will keep on eye for this week. 

5/7-5/11 Weekly GMCR resistance, pivot & support

Resistance R3 34.68, R2 32.48, R1 28.79
Pivot Point 26.54
Support  S1 22.90, S2 20.70, S3 17.01

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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