As I mentioned in my video market recap for Tuesday, the major casinos are showing some spreads.
WYNN is sporting a decidedly more impressive daily chart than LVS, both seen below.
So, let’s see how the market resolves this. On strength, or a further broad market bounce, I think you can look at WYNN for a long.
But mostly I am interested in LVS as a short setup underneath $75, from the bear flag highlighted on the first chart.
Drop me your top tickers overnight.
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$QCOM looks a bit toppy, can’t get over its 50dma after reporting a strong but well managed ER report.
my tickers are always in the marjuana money .. the bubble is on and has a long way to go before blowin