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 April 25-29, 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 $40-$44 last week. Las Vegas Sands Corp will have resistance level at $46 now.If close over $46 stock has next resistance level at $50. Las Vegas Sands (LVS) continues to be a buy below $38. I will trade in both side in coming days.
04/25-04/29 Weekly LVS resistance, pivot & support Pivot Point 45.17
Support S1 43.63, S2 41.29, S3 39.75
Technical Analysis Stock Charts: Chart Below
60m chart
Daily chart
Research In Motion Ltd. (RIMM)-Research in Motion (RIMM) is trading $50-$55 last few weeks.Motion will have resistance on the upside level at $60 followed by & $65. I think stock will say this area or can go low $50.RIMM is a strong buy low $50.This is my one top pick for 2011.
04/25-04/29 Weekly RIMM resistance, pivot & support Pivot Point 54.05
Support S1 52.50, S2 51.23, S3 49.68
Technical Analysis Stock Charts: Charts Below
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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