WYNN trade ideas
WYNN | AI + Market Structure Flashing Bearish – Target $99WYNN Resorts is flashing multiple convergence sell signals:
🔹 AI Forecast (30D) – WaverVanir VolanX Protocol projects a move from $114 → $99 (–12.7%).
🔹 Institutional DSS – Risk/Reward = 2.6:1, Institutional trade plan favors short setups.
🔹 Technical Structure – Price rejecting major supply zones, trendline resistance intact, downside liquidity toward $83–85.
🔹 Catalyst – Options activity cooling, sentiment score weakening.
Trade Plan:
Entry: $114.31
Stop: $119.86
Targets: $112.02 → $99.78
Risk/Reward: 2.62:1
⚠️ Aligning AI, TA, and flow suggests caution. WYNN is a SELL/short setup unless it can reclaim $120 with volume.
#WYNN #Stocks #AITrading #VolanX #Forecasting
Wynn Resorts Approaches Key LevelWynn Resorts has consolidated for more than a month, and some traders may think it’s preparing for a breakout.
The first pattern on today’s chart is the July 2023 peak of $112.25. WYNN stalled below that old high a few times in the last two years. However, it tested the level in early July and has lingered near it since. Could the casino operator move through that resistance?
Second, consider the one time it tried to drop on August 8. Prices opened under a late-July low but quickly recovered. The resulting false breakdown could also be viewed as a bullish signal.
Third, the 50-day simple moving average (SMA) began July with a “golden cross” above the 200-day SMA. That may suggest WYNN’s long-term trend has grown more bullish.
Finally, unusual options activity yesterday seemed to reveal positive sentiment into the opening of the key Wynn Al Marjan Island project.
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Wynn Resorts ($WYNN) – Premium Sweep or Reaccumulation?📍 Technical Snapshot
NASDAQ:WYNN tagged the 0.886 Fib level at $93.82 and briefly wicked above the previous high into the premium zone before rejecting. Current price is hovering near $93.53, with liquidity resting just below. A key equilibrium zone sits around $91.00, with deeper demand between $89.78–$90.00, potentially offering smart money entry.
📊 VolanX Trade Scenarios
✅ Scenario A – Accumulation Pullback (70% Probability)
Price dips into the equilibrium zone or below to collect liquidity
Volume spike + SMC signal confirms demand
Targets:
T1: $94.63 (ORB high)
T2: $97.77
T3: $98.00–$99.66 (Fib 1.382–1.618 extension)
⚠️ Scenario B – Breakdown (30% Probability)
Failure to hold above $91.00 leads to structural break
Invalidation below $89.78 (marked yellow)
Next discount zone: $88.00–$86.00
📈 Execution Plan (DSS Aligned)
Long Bias if price retests blue zone (Equilibrium at $91.00–$90.00)
Volume and CHoCH confirmation required
SL: Below $89.78
RRR: ~3.5x targeting extension levels
🔍 SMC Confirmations:
Multiple CHoCH + BOS
Liquidity engineered above weak high
Compression post-sweep indicates potential launchpad setup
💡 “Weak highs don’t survive strong flows.” – VolanX Protocol
🔐 Posted by WaverVanir International LLC using DSS Market Phase Model
#WYNN #SmartMoneyConcepts #WaverVanir #VolanX #LiquidityZones #FibonacciTrading #MarketStructure #SMC #EquilibriumZones #RiskReward #BreakoutPlay
All In on WYNN!Wynn Resorts is showing strong bullish momentum, with a gap forming around the $88.00 level. A breakout above the $110.00 resistance would confirm further strength, positioning the stock to target the $153.41 monthly resistance. This setup offers an attractive risk-to-reward ratio, with a stop-loss set at $79.71 to manage downside risk.
Wynn Resorts is well-positioned to benefit from the recovery in global travel and tourism, particularly with its premier resorts in Macau and Las Vegas. As consumer spending on leisure and entertainment rebounds, Wynn’s strong brand and luxury offerings provide a competitive edge. Additionally, the company’s focus on expanding its integrated resort portfolio and capturing growing demand for gaming and hospitality strengthens its long-term growth potential.
This combination of technical momentum and favorable industry fundamentals supports a bullish push toward $153.41, making it an appealing opportunity for investors.
NASDAQ:WYNN
Long swingI'm deploying a multi-timeframe approach here, focusing on a swing trade setup that aligns with both trend and momentum indicators. Here's the core of the strategy:
Entry Criteria: I look to enter on a break above a recent higher high combined with a flat to rising 5-day moving average. Additionally, I’m observing the anchored VWAP from the most recent high (to the left on the chart); it should ideally be flat or rising to confirm sustained interest.
Volume and Price Requirements: Only trading stocks with at least 300,000 shares in daily volume and a price above $3, ensuring liquidity and relevance for momentum.
Trend Confirmation: On the daily timeframe, the stock must be making higher highs and fall within an early Stage 2 uptrend based on Stage Analysis, indicating the start of an uptrend.
Stop Loss: My stop is set just below a recent significant low (higher low) on the 30-minute chart to keep risk in check. If this low is penetrated before entry, I cancel the trade to avoid premature breakdowns.
WYNN from $90 to 80MODs have suggested that I provide more detail about the picks I make.
Sorry. I'm not as verbose as y'all, and I don't like things to be complicated.
My trading plan is very simple.
I buy or sell at top & bottom of parallel channels.
I confirm when price hits Fibonacci levels.
Bonus if a TTM Squeeze in in play.
I hold until target is reached or end of year, when I can book a loss.
So...
Here's why I'm picking this symbol to do the thing.
Price at top of channel (period 100 52 39 & 26)
Stochastic Momentum Index (SMI) at overbought level
TTM Squeeze is off
TTM Squeeze momentum is spiked up
VBSM is spiked positive
Impulse MACD is spiked to the upside
Price at near 4.618 Fibonacci level
In at $90
Target is $80 or channel bottom
$WYNN Breaking Out?NASDAQ:WYNN Looks like it may be breaking out over the horizontal area of resistance. The 40 Week MA is just above and would be nice if it can break above that too. It is above all shorter term Moving Averages including the 50 Day MA in red.
Wynn is rated as an outperform or buy by many brokerage houses with price target well over $100 per share.
I have started a 1/3 size position today with a stop just under the day low. I will look to add once it gets over the 40 Week MA and consolidates. All TBD.
Ideas, not investing / trading advice. Comments always welcome. Thanks for looking.
$WYNN - Double inside day & Launchpad setupSince the market seems to be in a 'confirmed' uptrend (HH & HL + increase in breadth), it's time to be bullish again!
Top idea for next week: Wynn Resorts ( NASDAQ:WYNN )
Buy with break of the High of the day c. 110.4
Reasons:
- Double inside day in the upper wick of a positive High Volume candle (analyst upgrade and positive news) + confluence of 10,21 and 50 day ( launchpad )
- Tight consolidation with shakeout since the beginning of february
- Bullish momentum since november
- Positive Earning momentum + good fundamentals (EPS q/q & sales >30%)
Stop-loss:
- Low of the second inside day 108.98
- If breakout happens, stop loss could be 10day MA or AVWAP of HV day
PT:
- First area of resistance ca. 117 (partial)
- Fibs: 125
- Or following the 10/21 MA
Follow price and volume + fundamentals !
No investment advice
$WYNN: Short signal, potential reversalVery interesting short signal formed in NASDAQ:WYNN here.
The fact that triggered after an extended rally, suggests it could be a low risk entry to try and capture a correction or reversal of the entire move up since the China reopening narrative kicked off...
Best of luck!
Cheers,
Ivan Labrie.
Watchlist 2023-04-03 $SPY $RIG $ISEE $RUM $ASTS $WYNNSPY - finished strong last week with a wide body bar holding most of the gains and ending over the key resistance levels.
Remember, for a trend day we'll need to see the $ADD pinned near +\-2000 and $VOLD ratio over +/- 3 and $TICK cumulating past 0 wicking to +/-900.
Oil stocks - higher as a group with crude trading up more than 6% premarket the move following a surprising announcement by OPEC+ to cut more 1.1m barrels per day of current production, which had a jolting effect on the O/R markets.
$RIG - secures contracts worth 113 mil. _ news from 4 days ago but paired with the oil production cuts and the daily buy setup this looks poised to rise. Most of the other oil names look extended into supply areas. Only looking for support retest trades other than with RIG.
$ISEE - no news that I can see (no pun indented) but gapping into yearly highs with room to fill the unfilled gap form 2022, at 30. Up 2,5 ATRs at 1.3 RVOL. If RVOl picks up there could be a BO trade for a trade through the opening print.
Other Watches
$ASTS - over 5.36
$RUM - over 10.50
$WYNN - over 116.50 after consolidation, don't want to take the first break
WYNN - Trend PullbackTrade Theme Wave pullback in G/G Trend
Sector/Stock WYNN
Trend G/G
Propulsion 34
Vscore Close
Vprofile Close
RAF 50%
Darvas No
Darvas 3.0 Yes
Entry 107.51 Breakout Look for 5% and 10% Option Price Pullback Entry
Profit/Breakeven 111.2 50% Fib retracement
Stop Loss 25%
Option 19May23 105 Call
Good wave pullback entry in a strong section (MGM, LVS, WYN). Looking for a breakout of 107.51, pullback to get a better entry price and then hold long.
Overbought/Rising WedgeWYNN has had quite a run.
Price is overbought on RSI set on 80.
The Rising Wedge is not valid until the bottom trendline is broken.
A rising wedge is a bearish signal. Rising wedge patterns indicate the likelihood of falling prices after a breakout through the lower trend line.
Rising wedges have both trendlines sloping upward and narrowing at the apex. Price can break up from a Rising wedge but in the end this pattern is bearish and causes an imbalance in supply and demand.
No recommendation.