Las Vegas Sands LVS Daily ok to cover the short from near 78Banking the profit here on an extremely low risk entry near 78.by timwest551
Las Vegas Sands LVS rallying back to resistance is setting up...Las Vegas Sands LVS Daily rally back to resistance is setting up a nice short sale zone marked by the red box. I'll target the bottom end of the range of 70 initially and use a 3 ATR (11-day ATR) stop loss. I'll reference the last chart so you can see this chart is untouched from the last one published. The red box is the zone that leads up to the apex of the 3-day earnings triangle and a decent resistance zone. 76.77-77.89 as it is drawn, roughly. Tim 5/12/2014 10:14AM EST Shortby timwest10104
Las Vegas Sands LVS important support levels to knowLas Vegas Sands LVS I'd like to show you how to find "Hidden support and resistance" that you would not otherwise be able to see from just a plain price and volume chart. The key here is to look at the price range around previous earnings reports. What I have found is that the 3 days around earnings reports are big numbers to remember and that the market has a "memory" for. Traders and analysts and portfolio managers remember these prices and can leave orders standing at those levels far into the future (as much as 3 months or more). The one truism in stocks is that there are only 4 important days a year and those are when earnings are released, which is also when the company revises or updates its forecast for the coming quarter or year. So, it tends to be very important. If a stock moves away from an earnings report, it will still be important if it revisits that level again. So, here is what you do: Form a triangle around the lowest low to the highest high from the day before earnings to the day after earnings. The mid point of this triangle will be important support or resistance for the following quarter, but can have importance even after that. See in this chart too, there is a great example in February this year. I can't say enough how essential it is to know these price levels as a technical analyst, trader or portfolio manager. Once everyone has this information, it will become less valuable but for NOW, while it is barely used as an indicator or a system for generating support and resistance, it will be powerful and you can see how it is from this chart. For a trade, I will go short LVS going under 78 if it can spend an entire day under 78. I might consider going long here at 79.47 with a stop at 77.80, risking 1.67 points to make a possible 3.53 move to 83 (the midpoint from the high at 88 to the earnings support at 78). Best regards, Tim 10:23AM EST Tuesday, May 6, 2014 by timwest227
LVS - Looking to Breakout to Previous HighsPotential breakout on the horizon for LVS. Price has been consolidating after a strong breakout. Supported by 8 dma and trend line. Look for a break of the upper descending trend line then through it's 52-week high at $73.49. Historically, LVS has presented a strong amount of Relative Strength to the market so I expect this trend to continue as long as the market can hold up. December option plays should pay nicely given the current levels of volatility. by arelkin110
$LVS Classic Topping Tail Las Vegas Sands Corp. (NYSE:LVS) surged in early trading, only to give it all up into the close. The stock hit a new 52 week high early and then was blasted lower as the markets fell on worries about the debt ceiling. The stock is extended and finally today has put in a topping tail. A topping tail is a technical signal of a top. Look for downside in the coming days. It is interesting to see this sell signal appear just days before Las Vegas Sands releases earnings on Thursday, October 17th, 2013. Gareth Soloway Chief Market Strategist www.InTheMoneyStocks.comShortby InTheMoney_Stocks0
$LVS - Breaks LOG or Ascending Trendline Bearish scenario. $$$LVS in MASSIVE ascending triangle... Personally think these last two candles on weekly are offering an opportunity to get in. This is a very bullish chart. One can wait to play the breakout over that line. Note $LVS is holding this ascending TL off low. Closed this week just above 50MA. Recent Macau Year over Year numbers for February were up 11.5% showing consistent growth. With new casinos and more growth and market share in Macau and part of duopoly in Singapore. With potential European Las Vegas in Spain. $LVS is very well positioned IMHO. UPDATE: While the case is bullish I see some support at 44, 42,38,32. As break of log trendline is bad for couple weeks. March puts could be a winner if loses this trendline. There was also some news After I posted other chart that LVS had likely FCPA violations. Is this new or the same old known ones? Don't know but helps bearish scenario here. Shortby paulwollc5221