PaperBozz

$LVS - Can it breakout?

Long
BATS:LVS   Las Vegas Sands Corp.
LVS Las Vegas Sands has been trading inside a descending broadening wedge.

The oscillators are trending up while the price is in consolidation. Closing above $50 will validate the wedge breakout and open the door to further upside potential.

Upside Targets:
$53
$56
$62

Downside risk:
$44 - $42

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