WYNN reversed from resistance, potential drop!WYNN reversed off its resistance at 127.40 where it could potentially drop further to 118.36.
WYNN trade ideas
WYNN short. Is $100 Reachable this Summer? Got out of the short position last Friday- Jun $115 Put, but would like to keep track if it hit the price target $100 by Mid June or July.
Will it break out of the purple box?
Nice Hammer at the last hour.
$WYNN watching to see if this 3 month double bottom hold up here$WYNN due for a bounce this 115ish is a big level Stock is down about 45 bucks this month
WYNN- SHORTABLE AREApay attention to this guy, so you might have a free ticket to Vegas this hot summer - the weather is around 100-120F in July, just so you know.
WYNN bounced off major support!WYNN bounced off a major support where we expect to see it rise further.
WYNN Chart - Looking for Bounce from SupportWYNN like the rest of the market has gapped down substantially today. Stocks are rebouncing well, including WYNN. WYNN looks interesting as it sits on this area of support around $140 - $141. As long as the market continues to rebound from the gar down due to Trump's tradewar comments, WYNN could bounce frlom this area nad head back towards its' recent highs around $149 in the coming few weeks.
$WYNN We are taking a Gamble on Wynn into earnings.Wynn has had a great few weeks with analysts upgrades, gaming Licence issues resolved and regulatory changes. Earnings are approaching and we have optimism that there may a surprise in the cards. Option traders have also been betting on a upside surprise.
It's been a $wynn ing April for usThe month of April has been very good to us and to $WYNN.
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$WYNN **Wynn Update **Not the Gamble it once was after upgradeUpdate
Wynn has shown continued strength and analysts upgrade has helped propel it higher. $157 is our target
last week
Recent weeks have taken a bit of the heat from the casino stocks. Positive talks with China, improving revenue from Macou have given investors a more positive outlook. Despite today's report about the cover up involving the misdemeanors of Steve Wynn the stock is actually up 2%. Alerts set for break above $134 for a good RR trade.
$WYNN Ascending Triangle$WYNN Ascending Triangle
Break through $141.00 resistance will be confirmation.
Near term target - $152.00
Note: Informational, not investment advice.
Nothing but Bullish on WYNN. Nice Bull Flag Break Out on the Shanghai Casino Data. All the indicators, chart patterns, & moving averages say nothing but Bullish. Earnings coming soon too. Personally, I'd like to see a little bit of pull back to test the 200 MA for buy opportunities.
Long WYNNPull back from a break of base in hourly chart, daily chart break boll middle, bought 2 contract of 118 call at $2.18, expiring 04/05
Stop loss when break $118. target $121.8, $123
WYNN sets up for a possible move higher!WYNN topped out in May of 2018 at $200 and has since plummeted. The great S&P recovery of 2019 has taken this stock from $90 to $125 in just two short months. We currently find WYNN in a downtrend, counter to its more intermediate-term uptrend.
From a fundamental perspective, WYNN is seen to be very tied to the China trade war due to their presence in Macau. The resolution of a trade deal will likely see this stock trade favorably for some time afterwards.
Technically, the very defined channel that we have seen created over the last few sessions is very appealing simply due to how orderly the selling is. This is the standard kind of retracement seen in bull markets for stocks that are preparing to go higher. It also gives us an easy entry into the stock (on a breakout).
To be clear, I also see this as a play on the S&P 500. If the market turns and heads south, WYNN will not buck the trend. It will also likely not break to the upside first, either -- which is why it is so important not to buy this stock until we see it break the overhead resistance drawn above.
Buy WYNN on a breakout
Target 1: $133
Target 2: $145
Stop out if the price moves back below the most recent low (after breaking out)
WYNN Approaching Support, Potential Bounce!WYNN approaching support where it could potentially bounce to its resistance.
Short WYNN following flat correctionWYNN had a rough second half of 2018, dropping from $200 to $90 over six months. The stock has been trading sideways since its October 30 low, but it looks ready to continue its sell off with the completion of an expanded flat correction. There a clear three wave rally in Wave A, followed by a three wave move to a new low in Wave B. The subsequent five wave move is now running into trend channel resistance on diverging momentum, suggesting that WYNN may turn lower from here. It's also worth noting that price has held the key 38.2% Fibonacci resistance level off it's 2018 high. Initiating a short position at market with a price target at $92.50.
Wynn the Pooh Running Out of HoneySame story. Distribution pattern into supply area, nearest level of demand already exhausted.
Short term Option CallGiven the recent trend in RSI and the Fibonacci range, we should see WYNN Resorts should reach $131 before 02/22. Buy an option before the window closes and it back to unmapped waters.
WYNN Reversed Off Resistance, Potential Drop!WYNN reversed off its resistance at 118.82 (100% Fibonacci extension x2, horizontal swing high resistance) where we expect to see a drop to its support at 110.52.
Stochastic has reversed off its resistance where a corresponding drop could occur.
