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Strategies & Market Trends : TRIPLE TRADES -- Ignore unavailable to you. Want to Upgrade?


To: Bull RidaH who wrote (424)1/28/2021 2:13:18 AM
From: Bull RidaH  Respond to of 4397
 
WYNN - An ominous pattern hangs over this company's chart. As noted below, the stock price recently broke down from an enormous diamond formation. Normally that would have a silver lining, in that the trader would expect a new bull market to develop once the target has been met. Unfortunately for Steve, this diamond projects to -$72 per share. Hopefully he unloaded his stake already, as the new Resorts World behemoth Casino is opening directly across the street from him in Vegas this summer, and will most likely devour much of Wynn's thin remaining market share. STZ?? That's not even a fair sporting bet at this point.