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!
Trade closed: target reached
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Exactly as said above.
Comment
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So what we had here? Stock crossed 53$ BUT withoutajor volume. This sign a weakness. Pulled back to 48$