Looks okay here, but 
LVS might pull back if broader market pauses or enters downturn in early June.
Pivot points to note: S1 pivot is approximately $55.80; R1 is $59.20
YTD linear regression line currently at $61. Linear regression in uptrend which reflects recovery form late January sell-off.
I wouldn't describe it as drastically oversold at this level. For long-term investors, a half position at this time would be interesting.
I purchased shares in an IRA account because I felt my cash levels were too high.
LVS might pull back if broader market pauses or enters downturn in early June.Pivot points to note: S1 pivot is approximately $55.80; R1 is $59.20
YTD linear regression line currently at $61. Linear regression in uptrend which reflects recovery form late January sell-off.
I wouldn't describe it as drastically oversold at this level. For long-term investors, a half position at this time would be interesting.
I purchased shares in an IRA account because I felt my cash levels were too high.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.