LVSC trade ideas
🎰 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...
*3x lucky 7s of trading*
7pt Trading compass:
Price action, entry/exit
Volume average/direction
Trend, patterns, momentum
Newsworthy current events
Revenue
Earnings
Balance sheet
7 Common mistakes:
+5% portfolio trades, risk management
Beware of analysts motives
Emotions & Opinions
FOMO : bad timing
Lack of planning & discipline
Forgetting restraint
Obdurate repetitive errors, no adaptation
7 Important tools:
Trading View app!, Brokerage UI
Accurate indicators & settings
Wide screen monitor/s
Trading log (pencil & graph paper)
Big organized desk
Reading books, playing chess
Sorted watch-list
Checkout my indicators:
Fibonacci VIP - volume
Fibonacci MA7 - price
pi RSI - trend momentum
TTC - trend channel
www.tradingview.com
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!
New Iron condor, check my last trades, and get my script for free!
Enjoy your wallet!
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
Hold or fold? #stocksNot sure if it was the Adelson news but LVS is the biggest loser in my portfolio today and is approaching a key level that will determine my next move. I was playing for a breakout above the range (rectangle) above 56. The stock held the highs of the range for over a month but has now slipped back into the range and is approaching the line in the sand at 53. If the stock can stay above 53 then I will stay at the slot machine a little longer and hope for some better performance over the coming days and weeks. Below 53 will force me out and I will have to re-evaluate my next move.
Is it time to gamble?LVS appears to be holding strong above its range state with the potential to continue upward. If the vaccine gap holds, around the 52 area, and net volume remains positive then LVS looks like a solid breakout candidate.
