LVSLONG-TERM: Bounce off 200 ma, falling wedge, classic bullish divergence, multiple supports. (not financial advice)
LVS trade ideas
LVS bull put spreadSold the 55/54 put spread 8 dte for 20.5% ROI
Price into remnant demand behind 2 liquidity search spikes
Looks like a downward trending channel.
Spread is tucked at the distal side of next demand zone down which appears to be a higher timeframe zone.
Market is already making 2 strong bear moves down, so it'll have to keep extending to get the sold strike.
In theory the remaining demand zone at 57 plays enough defense to cause a small rally and get me over the finish line.
LVS Count still aliveLVS count is barely alive. Could be ready for a good run with minimal defined risk.
🎰 Las Vegas Sands : LVS - LONG, lets spin the roulette!!Hi mates is perfect setup for breakout of the big bullish flag NYSE:LVS
here is data for my trade:
------------------------Trade setup ---------------------------
Entry: 61.75
Stop Loss: 58.26
Profit target: 73.91
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LVS Bull run PossibleLVS has a nice set up for a bull run. Maybe a good week for casinos. R/R is nice.
Bullish Triangles Across Reopening StocksFrom Las Vegas Sands to Live Nation Entertainment and many other stocks, bullish triangles keep popping up in "reopening" plays.
Notice how LVS clawed to a new 52-week high above $66 in early March, stalled and then pulled back to previous highs around $60. Also notice how it briefly tested under that level, along with its 50-day simple moving average (SMA), before quickly rebounding.
That price action now resembles an ascending triangle, with a series of higher lows and resistance around $61.25. This has the potential for upside continuation.
Similar activity appears LYV. The concert operator has also formed a set of higher lows while holding its 50-day SMA:
Hoteliers Hilton Worldwide and Marriott International have danced the same jig without even touching their 50-day SMAs:
Ditto for Norwegian Cruise Line , Royal Caribbean , MGM Resorts and Caesars Entertainment :
An ascending triangle also appeared in auto-parts supplier BorgWarner . It’s not exactly a reopening stock but it is the kind of cyclical value name that investors seem to like these days.
Overall these aren’t very glamorous stocks, but they are all showing similarly bullish patterns one quarter into the new year. Will they be the leaders in Q2?
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LVS flat nearly completeLVS looks to be completing a flat wave 2 correction. I will watch for a new low to scale in long.
LVS could make slight new highsLVS appears to be putting in an ending diagonal for sub wave 5. Under this count slight new highs should be made followed buy a retracement to the origin of the ED.
$LVS 1D Ready for a breakoutLVS 1D is looking bullish and primed for a potential breakout soon. I like calls above 62.76 into April or further. My price target is 70.
LVS up to 70 (pre-covid levels)Going up in pre-market, good TA patterns, volume divergence etc.
Put/Call Volume Ratio 0.12
Put/Call Open Interest Ratio 0.29
News:
Las Vegas Sands is selling the Venetian casino resort and Sands Expo and Convention Center for $6.25 billion.
In the two-part deal, VICI Properties will buy the property and all assets associated with the Venetian Resort Las Vegas and the Sands Expo for $4 billion. Apollo Global Management will acquire the operations of the Venetian for $2.25 billion.
shortttstuck between 35-65 for 10 years. clearly no growth. and its near the top resistance. could be a great entry for some puts. but id look for some plays that actually move haha.
LVS Ready for new highsLVS looks ready for wave 5 of 3. Followed by a decline in wave 4 and one more high to finish a cycle.
LVS - Las Vegas SandsLVS
ENTRY = 48 - 50
Cost Avg Down = 42 - 43
1st Target = 53
2nd Target = 58
HODL Target = 65
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This content is for informational, educational and entertainment purposes only. This is not in any way, shape or form financial or trading advice.
Good luck, happy trading and stay chill,
2degreez
LONG LVS!Looking at this chart, BEAUTIFUL dip to buy. Im in at 50.52, looking for an exit around 60-70 within the next 2-3 weeks. All my opinion tho, trade at your OWN risk!
Las Vegas Sands earnings today at 4:05pmLas Vegas Sands earnings today at 4:05pm. My range is low $48, mid $53, high $58.
4th Quarter December 2020
Consensus =
EPS: ($0.30)
Revenue: $1.25 Billion
Do your own due diligence, your risk is 100% your responsibility. You win some or you learn some. Consider being charitable with some of your profit to help humankind. Small incremental steps work : If you double a penny a day for a month it = $5,368,709. Good luck and happy trading friends...
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200EMA turning from resistance into supportThis might even reverse here IMO
Volume above avg is a good sign and i like that last candle
IRON TARIHi guys!
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Tari.
LVS where next?LVS sold off and gap filled on Friday. interesting spot since we should in theory see demand buyers here and assuming market participates.
50.5 would be a better buy, but this isn't a bad area. I'd be cautious as earnings are just around the corner. There were some March LVS option sweeps that looked interesting
