DavideG

LVS - Same Sell Signal

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NYSE:LVS   Las Vegas Sands Corp.
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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


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