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Las Vegas Sands - LVS - Daily - Rebound from oversold SELL
Las Vegas Sands Corp.
Short
Las Vegas Sands - LVS - Daily - Rebound from oversold SELL
By timwest
Wizard
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May 29, 2014
3
6
6
May 29, 2014
CCI is back up to 0 and is a decent place to initiate shorts.
Big head & shouders top pattern signaling a change in trend from up to down.
Unfilled gap down below near the $60 projection going out to summer.
Cover when CCI reaches close to -200 (perhaps -190).
78 is key resistance. Use stops 3 ATR's above your entry and definitely beyond key resistance at 78. 75.97 last.
Targeting 70-68 initially.
timwest
Wizard
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