NASDAQ:WYNN   Wynn Resorts, Limited
Hello fellow traders and investors, WYNN has recently been selling off and it looks like it's found a support around the 100$ area. It offers a 35% ROI if it makes a recovery to the take profit area.

Entry: Now
Take Profit: ~137$
Stop Loss: ~97.50$

Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
-Testing a support area

Fundamentals:
-Description: Wynn Resorts Ltd . is a holding company, which engages in the design, development, and operation of destination casino resorts.
- Market Cap: 12.25B
- Sales Last 12 Months: 1.87B
- P/E: X
- P/S: 6.56
- Debt/Equity: 51
- Sales growth Q/Q: -24%
- EPS growth Q/Q: 33%
- Profit Margin: X
- Short Float: 6.19%

Note: Some of Wynn's financials aren't typical like their debt/equity, their profit margin and their P/S caused by the recent pandemic.

If you enjoyed the analysis make sure to like and follow for more! Thanks!
Disclaimer

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.