On April 3, 2017, the Las Vegas Sands Corp. ( NYSE:LVS ) 20 day moving average (MA) crossed above its 100 day MA while its 50 day MA crossed below the 200 day MA. Both events have never occurred on the same day. Historically the 20 MA has crossed above the 100 MA 18 times. The stock has a minimal gain of 0.157%, has a median gain of 5.899% and maximum gain of...
$LVS is in upwards wind territory. Follow the lines. Bottom lines Buy, top lines Sell, unless it hits 36 (buy). Lets see if this follows the trend.
Text-book ellipse breakout with expanding volume, what a beauty! Huge upside potential, $PENN is looking wonderful too. Yeah I said it....ellipse breakout!!
slopes and have not crossed over; generating some sideways chop near term. Might be a minor bottom. Obey your rules.
I really like to see the kind of wide agreement we are seeing in price action among the gaming stocks. I'm not yet willing to buy into this but am feeling a blast to the upside coming especially with the big inverted head and shoulders in motion.
LVS is pulling back, looking for a bounce around $53. If it does will look to initiate a bullish swing trade.
Historically when VI reaches this level the LVS drops at least another 1%. The average drop is 13.13% with a minimum historical drop of 1.81%. The support line in the current trend channel would equate to roughly a 6% drop over the next few weeks. I am conservatively forecasting a drop to the 52.45 level which is roughly 3.23% from the close on December 27.
A fourth indicator of a drop is based on historical levels for the Coppock Curve. LVS drops on average 11.05% when the Coppock Curve reaches its current mark. My conservative play at this point is a drop to the psychological 49.50 mark. This would bring in around 9% for the stock, but could bring in well over 75% on a properly placed PUT option.
WYNN is still under accumulation and will be in it for a while. If it breaks down though, watch out. Not saying there are no trades to be made here. I'm just observing its behavior.
LVS faded on Thursday, Gapped up on Friday above resistance but also faded (possible dead cat bounce). Will watch this week to see if LVS retests resistance and pushes through or rolls over and heads lower.
Many historical indicators are at play and against the short term for LVS. When the TSI reaches this level is stock drops at least another 1% but drops on average 9.14% over the next few weeks. I have outlined 3 potential points LVS could drop to. CONSERVATIVE POINT: With the average drop around 9.14%, an even 9% drop would be around the 51.88 mark and it is...
Historically when this indicator surpasses this level, the stock declines by at least 1%. The average decline is 10.85%. There are many fundamentals in play with this technical indicator that will support a decline. There are three levels to watch, my play is always the most conservative one. CONSERVATIVE: A simple 6% drop to around the low from Dec 8 over the...
Historically when LVS surpasses this RSI level, the stock drops at least one more percent over the next few weeks. In fact the minimal drop is 2.93% with an average drop of 6.17%. The bottom of the trend channel is well beyond the 6% but my conservative play is a drop to the 53 milestone which would net around 3% and most likely around 30% with a PUT...
LVS is a great review of accumulation, markup, distribution, and markdown cycles. Price action looks like we are seeing some accumulation. Recommend remaining CAUTIOUS on an entry as supply or selling demand looks to be present. If shares are not controlled by "strong hands" we may still see some volatility to shake "weak hands." Add LVS to your watchlist
JBLUE is holding this Trend-line support watch the levels 19.50-20 buy zones. The airlines are all hitting the buy levels. I cant stress enough, traders must learn to BUY the FEAR and SELL the GREED. Always have a plan and always have a stop. understand your parameters and you will do well. KEEP IT SIMPLE TRADE LEVELS