RRR setting up for a massive profit run?I have several time frames I have charted for this going over everything I see. RRR is red rock resorts in Las vegas nevada, and both my fav casino which is off strip about 15 mins and one of my fav stocks to play.
I am huge on wyckoff , demand and supply, volume tracking, price targets based off the prior, and control box master pattern targets ideologies.... I also have my ESVO lines or ribbon that also encompasses volume and price. Combining all of these things paints a picture across all time lines and when they match up its set to run!
I have used this same TA on my AAPL, ENPH (up and down), AIG, GNRC, Li, IOT, Bili, TRKA, & PSNY, option plays. I enjoy looking far out to see what the end result is going to be and then aligning all the time frames to optimize the in and out. a lot of times when you look at larger time frames you are caught in the up and down which can mess up your theta on an option play. So thats why in this trade I am aligning all the time frames. the only one left is the 15 min time frame. which I will post an update to this when I finish this post.
Do me a favor if you find any of my info intriguing pls hit the boost so others can see it.
by iCantw84it
05.17.23
RRR trade ideas
RRR CYCLE POP already started on the .80 gapThis is at the end of a cycle and a test to the cloud has already started. It will either touchback to the cloud and consolidate then take off.
Or it will fail and reaccumulate and retest as early as Tuesday
Option calls are around 1.65 at this level. For aug17th
Cycle pop has already been confirmed with the gap up of .80 this morning. Now it’s just a matter of if absorption was complete and they own enough of the float and if retail is on the right side of the fence to see this thing go
By ICantw84it
07.14.22
RRR Red Rock Resorts LLC in vegas showing DIvergenceOne of my fav stocks plays a lot like HD homedepot but only moves about 1/4 as much. Cost is more like 1/7th though and never really comes down past the mean. If it shows divergence on a daily my mouth waters.
If you are looking an easy option play to test the market this is a solid in my book. Strike @ $35 although it should easily go higher with about 25 days to move.
by iCantw84it
RRR Broke Out of Major Resistance on Short Squeeze & AMC RumorsCasino stocks are back. Red Rock Resorts is following the trend of all other Casinos. Swings are huge on this one. Golden cross coming as Casinos start reopening process. Casinos have already started implementing a lot of safety procedures for workers and patrons alike and workers are slowly being brought back. $RRR has a correlation with $AMC and $PLAY. Keep your eyes on other bear trap stocks like $GME yesterday at $4.17.
$RRR A Compelling Long-Term Play Based On Fertitta Bros BuyingRed Rock Resorts owns a majority indirect equity interest in and manages Station Casinos LLC ("Station Casinos"). Station Casinos is the leading provider of gaming and entertainment to the residents of Las Vegas, Nevada. Station Casinos' properties, which are located throughout the Las Vegas valley, are regional entertainment destinations and include various amenities, including numerous restaurants, entertainment venues, movie theaters, bowling and convention/banquet space, as well as traditional casino gaming offerings such as video poker, slot machines, table games, bingo and race and sports wagering. Station Casinos owns and operates Red Rock Casino Resort Spa, Green Valley Ranch Resort Spa Casino, Palms Casino Resort, Palace Station Hotel & Casino, Boulder Station Hotel & Casino, Sunset Station Hotel & Casino, Santa Fe Station Hotel & Casino, Texas Station Gambling Hall & Hotel, Fiesta Rancho Casino Hotel, Fiesta Henderson Casino Hotel, Wildfire Rancho, Wildfire Boulder, Wild Wild West Gambling Hall & Hotel, Wildfire Sunset, Wildfire Valley View, Wildfire Anthem and Wildfire Lake Mead. Station Casinos also owns a 50% interest in Barley's Casino & Brewing Company, Wildfire Casino & Lanes and The Greens. In addition, Station Casinos is the manager of Graton Resort & Casino in northern California.