WYNN, TIME TO BUY!
Hello fellow traders and investors, WYNN has recently been selling off and it looks like it's found a support around the 100$ area. It offers a 35% ROI if it makes a recovery to the take profit area.
Entry: Now
Take Profit: ~137$
Stop Loss: ~97.50$
Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
-Testing a support area
Fundamentals:
-Description: Wynn Resorts Ltd . is a holding company, which engages in the design, development, and operation of destination casino resorts.
- Market Cap: 12.25B
- Sales Last 12 Months: 1.87B
- P/E: X
- P/S: 6.56
- Debt/Equity: 51
- Sales growth Q/Q: -24%
- EPS growth Q/Q: 33%
- Profit Margin: X
- Short Float: 6.19%
Note: Some of Wynn's financials aren't typical like their debt/equity, their profit margin and their P/S caused by the recent pandemic.
If you enjoyed the analysis make sure to like and follow for more! Thanks!
Entry: Now
Take Profit: ~137$
Stop Loss: ~97.50$
Technicals:
-RSI=Oversold
-Moving averages still indicating a downtrend
-Testing a support area
Fundamentals:
-Description: Wynn Resorts Ltd . is a holding company, which engages in the design, development, and operation of destination casino resorts.
- Market Cap: 12.25B
- Sales Last 12 Months: 1.87B
- P/E: X
- P/S: 6.56
- Debt/Equity: 51
- Sales growth Q/Q: -24%
- EPS growth Q/Q: 33%
- Profit Margin: X
- Short Float: 6.19%
Note: Some of Wynn's financials aren't typical like their debt/equity, their profit margin and their P/S caused by the recent pandemic.
If you enjoyed the analysis make sure to like and follow for more! Thanks!
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