$WYNN: Short signal, potential reversal

IvanLabrie Updated   
NASDAQ:WYNN   Wynn Resorts, Limited
Very interesting short signal formed in WYNN here.

The fact that triggered after an extended rally, suggests it could be a low risk entry to try and capture a correction or reversal of the entire move up since the China reopening narrative kicked off...

Best of luck!


Ivan Labrie.
So far, so good...
Trade closed: target reached:

I suppose this trade ran its course, China stock market had a big rebound today, I would be surprised if this continued lower.

🔒Want to dive deeper? Check out my paid services below🔒


The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.