Broken support line, channel, 3 attempts to recover resulting in 3 inverted hammers rejections on support turned to resistance it seems, PT $94 $92 $85 respectively unless it recovers the channel. Risk reward favors a trade short risking daily lose above 102
Las Vegas Sands Corp. ( NYSE:LVS ) Sector: Consumer Services (Casinos/Gaming) Market Capitalization: $32.568B Current Price: $42.62 Breakout price: $43.00 Buy Zone (Top/Bottom Range): $39.70-$36.20 Price Target: $47.40-$48.60 Estimated Duration to Target: 66.72d Contract of Interest: $LVS 12/16/22 45c Trade price as of publish date: $3.20/contract
Las Vegas Sands is experimenting distribution. The target for LVS is 38.15 - 37.49. The upside levels area 39.98, 40.66, and 41.33. The downside is 38.81, 38.15, and 37.49. We can speculate why the stock ran up today, but at the end of the day I don't care. I care about the price action of 'how the market is reacting' in order to take advantage of what...
Based on historical movement, the trough could occur anywhere in the larger red box. The final targets are in the green boxes. The pending top should occur within the larger green box as has been the historical case. Half of all movement has ended in the smaller green box. In this instance, the signal indicated BUY on March 2, 2022 with a closing price of...
The policy of cohabitation with the covid has allowed betting rooms and casino reopening, The Americans therefore want to gamble. Return also the investors on the Stock, it seems there is a consistent increase of the positions LONG from the professional investors while the Institutional ones constantly reduce their positions SHORT in view of a passage LONG...
So I want to sell my house and put it all into MGM. We are breaking MULTI-DECADE resistance here! On the monthly chart, we haven't seen these levels since 2008. On a weekly chart, we broke over major resistance last month and have continued higher. Just off our relative highs, we didn't quite make it to the 1.618 extension. This pullback to the 50 ma and touch of...
As the leading company of entertainment, can the giant recover from Covid19?
Penn National Gaming, Inc. is an American operator of casinos and racetracks, based in Wyomissing, Pennsylvania. It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also controls a 36% stake in Barstool Sports. With the US consumers sitting on over $5.4 trillion of additional savings as a result...
FXCM's CASINO basket is in the bullish area on the daily chart on the left. The hourly EMAs and stochastic are in bullish mode and potentially align short-term traders with the daily. A movement of stochastic to 80 level and maintenance of that level (blue arrow) increase the chance of a successful trade. Trend following indicators may be useful in this case as a...
Will history repeat on the 8-21 cross for Wynn? Call/put ratios good, Vegas reopening, people traveling again move back to 140+ Coming soon?
💬 MGM International Resorts (MGM) is rolling out its new 'Viva Las Office' campaign to get people to work from Vegas. That could help drive business to MGM properties, which could be why the market is showing us some bullish options flow and decent price action. While we are skeptical this single event makes a giant impact, we think all these factors together...
Sell Short: Golden Entertainment Inc - Ticker: GDEN - Sector: Consumer Cyclical Industry: Resorts & Casinos Go to the Invest2Success Advisory Page and Also for USA Asia Financial Forecasts Sell Entry: 11.33 to 8.30 Stop-Loss: Available to Subscribers Take Profit Price Targets: Available to Subscribers NASDAQ:GDEN NYSE:BYD NASDAQ:CNTY NASDAQ:ERI ...
Contextual immersion trading strategy idea. GAN Limited provides enterprise Software-as-a-Service solutions for online casino gaming and online sports betting applications. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and...
A buy signal is generated. I analyzed 20 stocks in the Casinos/Gaming Industry over the last three months and discovered that 19 of them (94.12%) charted an Uptrend while 1 of them (5.88%) trended down. I found 306 similar cases when CZR's price jumped over 15% within three months. In 190 out of those 306 cases, CZR's price went up during the following month....
Daily & Weekly charts look great, especially the weekly chart. Volume is Bullish PMO is Bullish MACD is Bullish Stochastic is Bullish Sector is Bullish Long! DISCLAIMER The Content herein is for informational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.
Contextual immersion trading strategy idea. Golden Entertainment, Inc., together with its subsidiaries, owns and operates a diversified entertainment platform in the United States. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the...
Contextual immersion trading strategy idea. Century Casinos, Inc. operates as a casino entertainment company worldwide. The share price rose after good earnings. I see some preconditions the share price will continue growing. The demand for shares of the company still looks higher than the supply. These and other conditions can cause a rise in the share price...