Las Vegas Sands Corp. (NYSE:LVS)
Technical Features:
A: Uptrend.
B: Support at $30.
C: Short-term resistance at $50.
D: Long-term resistance at $60.
Technical Analysis:
The LVS uptrend (A) has not been broken, but it is having problems with resistance (D) at $60. If the uptrend (A) is broken, sell with an expectation of a move to support (B) at $30. If short-term resistance (C) at $50 is broken, expect a move to long-term resistance (D) at $60. LVS is a hold until it breaks resistance (D) at $60.
Summary: Hold.
