Many historical indicators are at play and against the short term for LVS. When the TSI reaches this level is stock drops at least another 1% but drops on average 9.14% over the next few weeks. I have outlined 3 potential points LVS could drop to.
CONSERVATIVE POINT: With the average drop around 9.14%, an even 9% drop would be around the 51.88 mark and it is within the current trendchannel.
ESTIMATED BOTTOM OF TRENDCHANNEL AFTER NEW YEAR: The estimated bottom of the trendchannel within the next few weeks is around the 50.50 mark which roughly equates to a 11.42% decline.
PRIOR 2015 INTEREST RATE HIKE DROP: When interest rates were increased in December 2015, LVS dropped around 20.22% from the OPEN the day after the decision to the bottom before it turned around. This bottom is the current bottom line of the trendchannel, however, a similar 20% drop would bust out of the current trend. Although movement of this nature is most likely not going to be as drastic, nothing can be ruled out.