The last casino stock I owned was Las Vegas Sands which I sold at $21.30, today the stock made an impressive 10% gain again. Admittedly, I missed this rally.
The 2 dojis was a sign that this stock has bottomed out for its pullback… I did not want to buy because I sold too low at $21.30.
Nevertheless, those of you still long, it could still continue up.
MGM is a better pick for now. And I am looking to short WYNN soon. WYNN might be overpriced really really soon. I am looking at $90 or $100. I will not do anything for now. I will just watch.
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