If LVS opens below 50.86 consider using the Retest Gap strategy. To get a free and complete stock trading education go to www.RealLifeTrading.com
Long over 21.70 via Dec 22-24 calls. Earnings coming up next week. Will trim half prior.
Casinos stocks showing relative weakness as they trade below key moving averages. At the same time major indexes are at their highs. It is hovering around 200 EMA at $73.22 and today gapped below, it could be new point of reference. Major support at $72 which is in tact since February 2014. Break and hold below for few days could lead to some downside follow...
With the stock market at recent highs, Las Vegas Sands Corp. (NYSE:LVS) is having trouble catching a bid higher. As technical traders, we seek to locate the best possible points to enter and exit a stock based on the charts and recognizing the best chart patterns. One of the best chart patterns, which is often interpreted or read incorrectly by most traders, is...