The Casino sector is doing so well. WYNN, MGM, LVS are trading at their new range. HOLD this sector for awhile and get ready to sell.
MPEL has amazed us with its 9% gains today. It has done this 3 times already. From a low of $3.3 just 4 weeks ago, MPEL is now strong at $4.77.
Watch for bearish indicators. WYNN has a topside resistance of $70. If that is broken, this sector is indeed strong.
LVS has a top side resistance at $19.5
MGM has a top side resistance at $12.2
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