I do! I do!
This may be a long-term play for me since I’m buying this based on the weekly chart.
From the weekly WYNN chart below, you can see the Bill William’s divergent bar last Friday. It is beautifully sitting on a 50% retracement b/w March 2009 low and July 2011 high. Today price action convincingly took out the divergent bar high and took off furiously. If this stock market rally has any leg and last week employment is the start of a recovery, WYNN will become a big WIN. Hence my starting a collection of WYNN stock right now. Will buy more if price action keep on taking out the next daily fractal buy signal.
Good Hunting!
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$WYNN is bad ass.
If you’re sitting long term, I’d suggest a gander at $MGM.
Now that I understand their business model better, they will go to the moon.
Stock Gods bless ’em, but Mr. Wynn is no longer a spring chicen.
$WYNN, like $AAPL, alike are more dependent on bold CEO. #IMO.
So. In other words. Good call. Take some of those $WYNN chips and press them into $MGM too.
Hey Plato, thanks for the info. I will keep an eye for a good entry on MGM.
Another one I like to look at is LVS. I’ll probably spread my casino investment across these 3.