LCR trade ideas
LVSLVS had a strong close today, so tomorrow morning I'll be looking for follow through momentum with a breakout above $51
LVS Strong Resistance @ 49In the short term, I'm expecting a retracement from LVS, as it is wayy overbought right now (MA, RSI). Its has strong resistance @ 49, and whatever happens there will determine future direction. I'm long puts.
$LVS showing signs of accumulation. LVS is a great review of accumulation, markup, distribution, and markdown cycles. Price action looks like we are seeing some accumulation. Recommend remaining CAUTIOUS on an entry as supply or selling demand looks to be present. If shares are not controlled by "strong hands" we may still see some volatility to shake "weak hands."
Add LVS to your watchlist
LVS Day Trade Retest Gap (Brad Reed May15,2015)If LVS opens below 50.86 consider using the Retest Gap strategy. To get a free and complete stock trading education go to www.RealLifeTrading.com
LVSNotes on chart. Looks like a Butterfly - like the coincidence of .50 retrace of high to low move.
LVS - Las Vegas Sands - Daily - Lower End of Valuation RangeI like LVS here now on the long side after many short-side trades over the past year.
I think the pictures of rising revenues, rising margins, declining shares outstanding and a stock that is in the bottom end of its valuation range appears quite attractive. With a dividend yield in excess of 4% as well, it will attract yield hungry investors which will keep support under the stock.
Earnings are already out of the way and the shares are pulling back to their key hidden support level (not shown) from the last quarter.
You can also see that LVS appears to be in a strong downtrend technically from the highs near $90 early last year, but that is what can make an attractive entry: It looks so bad on the charts that there is no one left to sell, and perhaps people are heavily short the stock too. That can only help if any positive news is ever reported.
Upside potential is to the 4.0 times sales level or up 30% from here (3.09 times sales now). Downside risk is under the lows in case something unknown comes into the equation that we haven't anticipated.
Cheers.
Tim 7:32PM Wednesday, February 25, 2015 56.30 last LVS
LVS short based on 60 min 3rd try and daily/weekly traingle patttinyurl.com swing odds for run to 50 area with full explanation with chart
LVS - Same Sell Signal Republishing older chart with some new annotations. Same short signal as the last two charts posted (both hit their targets). Once again faces significant resistance at the 63 RSI level. As highlighted, LVS has bounced off that level 7 times since April, and trended lower each time. Significant gap & TL resistance also above. Entry at $64.45, targeting $62.25 and $60 - 1/2 position on each.
10.17.14 - 1:45pm EST
Las Vegas Sands - LVS - Daily - Rebound to old resistance levelRally to old resistance level / gap / seller level
Target:
Stop:
What do you think?
Tim 64.71 last
Las Vegas Sands -LVS -Daily -Weekly -Monthly - Bear Mkt AnatomyMulti-perspective of LVS and the decline it has endured so far this year - Note - More to follow.
Note the observations on the charts and even what happens after a stock gets to over 20 times sales... often times it falls by significant amounts until it gets cheap.
I had a funny observation that the last of the distribution on the monthly chart happened when LVS came back up and formed the old "RIGHT SHOULDER". I just invented that, but thought you would want to see the chart.
Short 62.78 last, risk 3 ATR's. Downside $58.
Tim 12:45PM EST 10/6/2014 62.61 last.
Roll Snake Eyes With Las Vegas Sands (NYSE:LVS)Las Vegas Sands Corp. (NYSE:LVS) is a leading casino operator who has had a rough 2014. The stock topped out in March, at $88.28 and has been steadily selling ever since. This points to major problems in Macau where most of their business is conducted. As you can see from the chart below, I have isolated a prime level to trade Las Vegas Sands Corp. (NYSE:LVS) on the long (buy) side. As you can see, LVS has a weekly gap fill, 200 Moving Average and 618 fib retrace. Therefore, to an active investor and trader like myself, this level is a no brainer long play for a straight shot down. Knowing and recognizing the best and most optimal points to enter a trade is of utmost importance. I know that by reading the charts properly I can achieve a high win to loss ratio, this means I have financial freedom and you can do the same.
LVS - Falling knife about to find bottom on weekly supportPullback
Status: Watching
Total points:
Cost basis:
Stop:
First price target: $68
Technicals:
Horizontal S&R: yes
Channel S&R: yes
MA S&R: no
Pearson's R >= 85: yes
Price within Fib Ret..62: yes
Stochastic turn/crossover above 80%: yes
AO pullback >0<1.38: no
Fundamentals:
Next Earnings date: 11/15
IBD EPS Rating: 97
IBD SMR Rating: A
Roll The Dice And Go Long Las Vegas Sands Corp. (NYSE:LVS)Gaming companies are really taking it on the chin today as more bad news is coming out of Macau, and revenues continue to fall. Shares of Las Vegas Sands Corp. (NYSE:LVS) are no exception, as they are being taken down over 6%. LVS has had a terrible 2014 and the stock has entered into bear market territory, as it is down well over 20% from its high set back in March at $88.28. As a pro trader who studies charts on a daily basis, I have isolated an enticing level to go long Las Vegas Sands Corp. (NYSE:LVS) at $56.50 area. That is where this stock broke out last year and surged higher. So as Las Vegas Sands Corp. (NYSE:LVS) continues to fall, I would suspect that a retest of the break out level is imminent, and traders can roll the dice by going long to make money!
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$LVS Completes projected target of Head and Shoulders topThe head and shoulder top was a classic and it achieved its measured target level.. Now what next? Check us real-time alerts www.2waytrading.com
