64% of revenue is linked to Macau, where visits were down 80% according to the company. Despite news of a breakthrough in a drug to prevent further spread of the disease, it may take some time before the confidence is restored.
The stock retraced 61.8% of the downmove and could be a good short opportunity. Use a stop above the highs at 74
The stock retraced 61.8% of the downmove and could be a good short opportunity. Use a stop above the highs at 74
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.
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.