We can see price breaking down through a nice Head and Shoulders neckline with the daily 200 moving avg confirming bearish sentiment. Not financial advice -- opinion only.
LVS we traded it last time lets trade it again. Buy the fear BULLISH Entry 45-48 1st Target .5fib 53 2nd Target 618fib 58 ____________________________________________ This content is for informational and educational purposes only. This is not in any way, shape or form financial or trading advice. Good luck, happy trading and stay chill, 2degreez
US Casinos stocks are about to make 2008 look like a correction. Let me explain: US culture is not European culture, nor is it Asian culture. This is why I don't want to touch casino operators that derive most of their revenue from Macau, like Las Vegas Sands (70% of revenue is generated in Macau). Asians are comfortable wearing masks and do not have high rates...
Perhaps, it just needed to form that nice Head and shoulder again :) Stay safe bulls. Its going to come :)
what a recovery indeed markets are cycle but when it comes to vegas its payback time for INVESTORS
Stock has sold off since May/June, with no recovery since last earnings report. Betting on price to stay within this range. 35/40/62.5/67.5 JAN19 IRON CONDOR @ 0.64 CREDIT General plan: Roll if necessary & if possible to reduce risk. Target maximum profit, unless significant profit appears early. Comment or direct message for discussion, or on other interesting...
Large spike in IV and the appearance of at least a short bottom/consolidation in The Sands Looking for a $2 credit on a 45p/60c Strangle 64 DTE Tasty stats 66% POP P50 85% Theta 3.85
$LVS Falling wedge into long term support from June '17 high. Expecting $66.25 to hold as support today and subsequent bounce off this level in the near term. Medium term target - gap fill at $75.00 Note: Informational analysis, not investment advice.
I think LVS will pull back to the 74 level in a week or 2. It has fallen for the last few days on more than average volume. Also the Sector is looking weak on NO news. so why are the big guys selling? I am not sure why and who is selling it but I don't like the chart.
LVS might be a good one to short. It has been falling on hug volume along with WYNN but not as much. If the sector doesn't turn around LVS might try to catch up with WYNN on to the downside. possible Collapse?
$LVS Las Vegas Sands - watching for a possible breakout of falling wedge
Follow the comments on the chart! If the price goes up to the size of the stop loss point, put the stop loss on the entry point, Stop loss means that the closing price must be below the Stop line, the shadows are not acceptable. NYSE:LVS SP:SPX
The Doji here on the weekly looks like the buying pressure is starting to weekend especially after the last 2 (bullish) weeks. Would love to see a pull back to around 72.38 (or the 20 SMA on the daily) for a bullish swing trade!
That 127.2 Fibonacci extension looks to be like resistance!? It will need to show some serious strength to get over this level.
Las Vegas Sands Corporation has been in a bullish trend since 2015 and a tighter bullish trend since the beginning of 2017. On multiple occasions through 2015 bull, three of the technical indicators discussed below are at similar or higher levels, than they are now. These instances have resulted in short-term losses for the stock. I have laid out the reasons and...