CFD Trading – Buy Las Vegas Sands Corp (LVS.NYS) @ $42.95. Stop @ $37.10 and Target @ $49.80.

Las Vegas Sands Corp Stock Code LVS.NYS

Outlook

Price gapped and closed above the cloud in the previous trading session, changing the chart outlook to bullish. The gap created strengthened the bullish price trend. An Ichimoku reversal reinforced the bullish trend. Conversion line and Base line had a bullish crossover and is hinting at a bullish price trend. Lagging Span is above price of 26 days ago and is above the cloud, confirming the bullish price trend.  MACD is rising and bullish. We think price is likely to move to the next resistance level at $49.80 in the next 2-3 weeks.

Strategy                  

$42.95                Buy

$49.80                Price Target

$37.10                Risk Management Stop

3 weeks              Trade Duration

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