I miss this trade today. I had a buy order at $15, but it did not get filled.
Today’s price action is really good. We can say that the stock has bounced from the 78.4% Fibonacci line eventhough it has actually broken it by a bit.
Today’s Bullish engulfing candle with a close above the previous 5 days highs is a very bullish one. This indicates a price reversal at this point and we will see a bullish trade tomorrow.
Today’s bullishness was due to the good market and also the increase in Gaming revenue in Macau by more than 60%.
Tomorrow’s trade: BUY at $16.94
Sell at $18.40 first target.
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