WYNN trade ideas
$WYNNResist 108 (case breaking resist, next destination is 115) oscillators are currently positive.
Good-luck to all.
WYNN Reversed Off Resistance, Potential Drop!WYNN reversed off its resistance at 105.45 (61.8% & 100% Fibonacci extension, 50% Fibonacci retracement, horizontal overlap resistance) where it could potentially drop further down to its support at 98.38 (50% Fibonacci retracement, horizontal pullback support).
Stochastic (55, 5, 3) is approaching its resistance at 96% where a corresponding bounce could occur.
$WYNN Swing Idea (weeklyChart)Buying Zone: $84 to $88
Stop Below: $77
Only if it bounces from $83, then plan to take retest.
[WYNN] Phase 4 -> Don't buy!The price is going down, below to 30MM and a negative slope in the 30MM. This week the price reached a support.
Don't buy, please.
$WYNN Oversold - Possible Bottom$WYNN looking oversold on the weekly chart tagging a long term support level today in the mid-90s, with RSI around 20. Expecting a bounce from this area in the medium term. Two possible targets on chart.
Note: Informational analysis, not investment advice.
WYNN -6 to -8% drop coming? I've been following WYNN for a while and I use this as one of my recession indicators of the economy. I believe people are head above water high in credit debt and can no longer afford to gamble or visit the casino.
My prediction is a -6 to -8% drop before it does a dead cat bounce up.
WYNN Wave StructureThis is one really beautiful downtrend with lower highs and lower lows, I still see a possible short scenario here but price action does seem to be almost rounding on the Daily Chart if you step back and look at the big picture. With earnings coming up on 10/25, I'm going to be cautious playing WYNN in general but If we can snag a really nice short set-up here before the week ends, I'll take it
WYNN may run up into Macau numbersI am starting mid OCT position for a WYNN short squeeze into both Macau and Vegas numbers due out next month. If the economy is doing as well as the economic data suggests, These stocks seem over sold here.
Possible Short in WYNNThe company down trending and obeys to all the technical rules:
Classic Reversal on the Daily chart
Resistance by top trending line
Resistance by SMA 20.
Trigger for trade:
- Price < 136.5
- Stop > 139
- First target - 132
- Second target - 129
Enjoy...
WYNN baring Tariff news, ready for lift offI see some of the casino stocks getting bought up first of the week in the re-balancing process. At the very least, tough to hold shorts right now. Eyeing at least short term bounce.
WYNN - Intra Day Short How low can it go? Crossed under VWAP. Could potentially short for an intra day trade tomorrow.
WYNN is hands off for a bounceWYNN has violated all trend supports for the uptrend. This thing looking like much more pain coming.
$WYNN Oversold Catching Support$WYNN Looking oversold after catching support yesterday just above $138, starting to bounce this morning. Expecting further price recovery in the near term.
Several overhead gaps left open to fill. See chart for possible near and medium term price targets.
Long $WYNN - PT: ~160Looking for a retest of the previous weekly base breakout. Should see a significant gain to the $160 range.
casino stock hedgeHedge: WYNN-(LVS/BYD)
Long - WYNN (200 shares)
Short - LVS (100 shares)
Long - BYD (100 shares)
//*********************************************
// Fundamental Risks
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// WYNN Stock Fundamentals:
www.fool.com
www.cnbc.com
//Financials
finance.yahoo.com
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// LVS Stock Fundamentals:
//LVS
www.investing.com
www.fool.com
seekingalpha.com
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// LVS Stock Fundamentals:
//BYD
www.fool.com
www.fool.com
seekingalpha.com
www.nasdaq.com
No Smart Money call buying. Buyout hopes on hold $WYNNWGs closing Sept calls was tell to sell June 4th
