Las Vegas Sands ready to move up soon

By Online Guru Trader | Blog

Aug 05

Trade on LVS 4august2014

Las Vegas Sands Corp. (LVS) is still in an uptrend based on the moving averages though there was a correction of around 20% since the previous high set in early March 2014. Uptrend may resume soon. Traders should target the entry price not higher than $74.00. Traders should set their stop loss at $71.08 since the previous low was set on 15th April 2014. Traders should target profit at around $82.18 and based on last Friday’s close of $72.72, it presents a very good risk to reward trade with minimum risk. Read about this article at sharesinv

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