NYSE:LVS   LAS VEGAS SANDS CORP
78 3 2
Might be a back test here as I think the overall chart has a consolidation in a range to bearish look
It's nicely oversold and there is a news story today about their revenue up strongly. Maybe a counter trend rally for a few days and squeeze out the shorts.
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KLang PRO timwest
I'll be at the ready! I think the good news is priced in and seasonality is against new highs in casinos.
+1 Reply
Nice chart and I agree w/ both sentiments.........very short-term rally to squeeze out the shorts & then continuing the downward move......definitely a macro HnS pttn. there.
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