Stock Picks And Trade Ideas For Tuesday - YHOO, AAPL, LVS

Las Vegas Sands (LVS) - The recent downward trend does not appear complete. The stock could drop to the $13-13.25 range again. Fresh exposures on stock may be considered either on evidence of support at around the $13-13.25 range or on a move past $16. Technically, the chart above shows weakness as the stock is trading below major moving averages. In addition MACD is below 0 showing the stock is in a bearish mode. The only possible indicator is KD where K line seems to be ready to rise above D line which could mean rebound. Stay tuned on LasVegas Sands Corp.

Chart courtesy of stockcharts ( click to enlarge )

Apple (AAPL) - The near-term trend is now bullish and a close above $114.38 would confirm the positive outlook. Remain invested with a stop-loss at $101.02. Only a close below $96.80 would negate the positive outlook.

Chart courtesy of stockcharts ( click to enlarge )

Yahoo (YHOO) - The stock surged today on fresh buying interest. The stock has now a resistance at $14. If the stock is able to cross it, then it might go to $15.82. Nearest support is at $12.56. Technically, the stock is in a downtrend. There is nothing positive looking at the technical chart above except KD which is now rising. All other indicators still point to a bear market.

Chart courtesy of stockcharts ( click to enlarge )

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations.The charts provided here are not meant for investment purposes and only serve as technical examples.

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