$LVS - Can it breakout? Long

Las Vegas Sands Corp.NYSE

Description

⋅ Dec 27, 2023 3:54 AM

NYSE: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

Chart Patterns