jangseohee
Short

No mood to gamble

NASDAQ:WYNN   WYNN RESORTS LTD
181 14 5
2 years ago
With the worry of interest rate hike, businessmen are in no mood to entertain themselves in the gaming and hospitality industry - which is evidenced by the freefalling price of Wynn Resorts             .
The Institutional House laughed the loudest as they initiated their short position almost at the top of the uptrend channel, and scale up more once moving averages are turning southeast. And momentum trader are the final group of large fund that deliver this "knockout blow" within short term.

3 support levels to take note:

a. around 171.99, failure to hold
b. lower support of uptrend channel around 160, failure to hold
c. 200 ema will be the last line of defence
a year ago
Comment: @G13Man
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7 months ago
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jangseohee
2 years ago
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time to go long!
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jangseohee
2 years ago
bullish divergence!
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jangseohee
2 years ago
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jangseohee
2 years ago
no, gap down and continue to plunge
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jangseohee
2 years ago
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jangseohee jangseohee
2 years ago
yummy profits, i am out ^_^
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jangseohee
2 years ago
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jangseohee
2 years ago
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patient to wait for another better entry
neckline 93-94
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jangseohee
2 years ago
90-93 is the major support cum neckline
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jangseohee
a year ago
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long at 93.80 when price hit neckline
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jangseohee
a year ago
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jangseohee
a year ago
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jangseohee
a year ago
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G13Man
7 months ago
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linear wedge view
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