Possible Entry $130 = Target price $141
Risky to enter a long while below the downtrend, very bullish above the trend-line.
Expectations and sentiment are very low on the street, any surprise could result in a sizable rally.
RSI is hitting resistance as is the price.
MACD in strong trajectory.
P/E 16.44
Yield 3.16%
Company profile
Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.
Risky to enter a long while below the downtrend, very bullish above the trend-line.
Expectations and sentiment are very low on the street, any surprise could result in a sizable rally.
RSI is hitting resistance as is the price.
MACD in strong trajectory.
P/E 16.44
Yield 3.16%
Company profile
Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.