Important week for LVS as it reached to the end of triangle pattern. From here we might go up to 56$ or going down again to 49.5$. It's all depend on the market direction.
Triggers for trades:
Long:
Buy > 53$ AND volume over average volume (6M)
Target 56$
stop 52.5$
Short:
Sell < 51.5$
Target 49.5$
stop 52$
Be careful and have a nice week!
Triggers for trades:
Long:
Buy > 53$ AND volume over average volume (6M)
Target 56$
stop 52.5$
Short:
Sell < 51.5$
Target 49.5$
stop 52$
Be careful and have a nice week!
Trade closed: target reached:
Exactly as said above.
Comment:
So what we had here? Stock crossed 53$ BUT withoutajor volume. This sign a weakness. Pulled back to 48$