Articles tagged with LVS

Two Bullish Continuation Patterns
Earnings Beats Digest

Gambling stocks ($DJUSCA) have been a strong group thus far in 2023, and finding leaders within the space is what we generally want to do. I've discussed in recent weeks the strength displayed by Las Vegas Sands (LVS). Today, I want to focus on a second stock in the group showing very bullish characteristics - Red Rock Resorts (RRR):...keep reading

Betting On A Breakout Can Be A Gamble
Earnings Beats Digest

On Thursday, Wynn Resorts (WYNN) was upgraded and the firm upgrading the stock said it could be a double within a year. As might have been expected, WYNN rose 7.48% on the session, closing at its highest level in the past few weeks. While WYNN was the stock upgraded, I believe Las Vegas Sands (LVS) is the better trading candidate within this industry. In sympathy, LVS rose a bit more than 4% on Thursday, but I believe a continuation of recent strength to be much more bullish than what we're seeing on WYNN:...keep reading