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Maximilianned

Clear Divergence - Las Vegas Sands (LVS) Long

Long
Las Vegas Sands Corp. (NYSE:LVS)  
Maximilianned  
NYSE:LVS   Las Vegas Sands Corp.
Trend Analysis LVS
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trendanalysis lvs


For nearly two weeks LVS RSI has been increasing and price falling.

The earning were used to dump it (for now) - even thought they beat on estimates.

Friday was fresh 52 week lows on 70% of normal volume.

Its possible that Markets Movers grind it down a little more - but this looks like its going to spring back to $50+

If nothing else there should be some mean reversion two areas that stand out are at the 1.61% at VPOC and 2 at VPOC too - which is the first target around $49.40

Options market is cheap - Aug 20 48c were 34 cents Friday on the close - there may chance early in the week to get in.








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