Monday, 4 June 2018
Las Vegas Sands (NYSE: LVS): 4 June 2018, Monday, 10.12pm Singapore Time
4 June 2018, Monday, 10.12pm Singapore Time
(Click on Technical Chart above to Expand)
Attached above is the technicals for Las Vegas Sands that is listed in the US Market (NYSE: LVS). Las Vegas Sands (NYSE: LVS) has the following technical price structure -- Long Term: Uptrend; Mid Term: Uptrend; Short Term: Uptrend. This is a very bullish technical allowing for ease of entry with relatively low risk compared to the reward, i.e. good reward-risk ratio. There is also a bullish rounding that is completing for a break-up rally. Theme of Play: Trump-Kim Historic Summit in Singapore which will benefit LVS Operations in Singapore (major source of LVS earnings). Casino, Recreation and Tourism stocks with operations in Singapore are expected to receive a boost for the next 1 year.