In this morning’s Opening Bell Momentum report, Las Vegas Sands (LVS) offered a potential short selling mark at 15.83 to 15.75. The stock topped out just shy of our target, at 15.70 during regular trading. A sale at the day’s high as measured to the recently hit session low of 15 is 4.6% in the black.
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In Thursday evening’s Forecast Report, Las Vegas Sands (LVS) was given a buy target for longs in the 15.40 to 15.60 area. A secondary area of congestion, and another floor for a charge above 16, was near 15.80. It wasn’t until late in pre-market trading that the stock pushed its way back down to this attractive area and certainly, the issue has proven volatile in regular trading. But from the 15.80 entry point to the 16.55 day high, the trade is up 4.7%.
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