Nov. 14 at 3:11 AM
$LVS is currently trading at
$65.6, with an RSI of 78.25, indicating it is in overbought territory. The price is above both the 30-day moving average (MA30) of 56.34 and the 50-day moving average (MA50) of 55.28, suggesting a strong bullish trend. However, the high RSI signals potential for a pullback. The recent 60-day high is
$67.83, which presents a resistance level, while the 60-day low is
$45.91, providing a support reference.
Market context indicates a possible consolidation or correction due to the high RSI. Suggested entry is at
$64.50 to capitalize on a potential pullback. Set a stop loss at
$63.00 to manage risk. Target 1 is
$67.00, approaching the recent high, and Target 2 is
$68.00, slightly above the 60-day high, if bullish momentum continues.
Monitor for signs of reversal or continuation closely.
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