Get started
Wynn Resorts, LimitedWynn Resorts, LimitedWynn Resorts, Limited

Wynn Resorts, Limited

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Bonds

WYR trade ideas

WYNN Long Daily structure level, where had been used as demand/supply more than 5 times. Entry: 78 Stop: 108; Target: 69; risk/reward=1:3 For stock trader, better wait for trendline break or Zone confirmation. I am not a Pro trader. I need few months to work on rule based trading strategies. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate. I trade option in live. Try to keep max risk under $300 per trade, and avoid been stopped as stock traders.
NASDAQ:WYNNLong
by PlanTradePlanMM
Wynn Daily - Short - Medium Term Bearish Although a rather simple setup, I find this appealing nonetheless. Here are some key takeaways going into tomorrow's open. - We appear to be forming a bear pennant. Note the two wicks to the upside that ended in the Daily candle closing down. It appears that Shorts are prominent along this upper resistance. The volume also appears to be in confluence with the selloff as well. - We do have a minor Support level around $52 that goes back to 2008 - 2009 and 2015. We also have additional Support at approximately $42 from 2008 - 2009. - The RSI is forming a Hidden Bearish Divergence. Look for the RSI to top off here and begin to trend downwards. - I expect price action to somewhat resemble the squiggly lines I have drawn out. I expect a test towards the bottom of our bear pennant between $54 - $56. From there, I see two scenarios playing out. The first would result in a bounce back to the upper end of the bear pennant, but I would still favor a breakdown after the small bounce.The second would result in a breakdown towards my noted Support levels. - Given that the Futures are already down and that Hospitality has been taking a beating during COVID-19. I hold a bearish stance on $WYNN overall. - This idea IS INVALID if price were to break above the bear pennant and hold it upon a retest.
NASDAQ:WYNNShort
by Queen-jane
WYNN LongCondition: 1. Downtrend line was broken by breakaway Gap (G0). Start a new trend. 2. 2/5/2010 Weekly demand zone confirmed 3. G1: runaway Gap shows 40-50% of the trend. 4. Fib 0.618 retracement, 5. Demand zone entry. Entry in demand Zone: below 55 or buy at next Gap up open Stop: 50 Target1: 75; risk/reward=1:4 Target2: 95; risk/reward=1:8 Better to see following confirmations: 1. If SPY weekly Close above 260 in two next weeks, 2. If there is a Gap up (G2) break the down trend line. This is a trading school homework. I need 6 months to practice trading plan. If you like it, thank you for your support. Please use SIM/Demo account to try it, until my trading plans get high winning rate.
NASDAQ:WYNNLong
by PlanTradePlanMM