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Las Vegas Sands Corp. (NYSE:LVS)


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#1 Costa

Costa

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Posted 22 August 2013 - 12:38 AM

Las Vegas Sands Corp. (NYSE:LVS) needs to break LT upside resistance at 57.52 to confirm a base in place. Technically, the stock is in a bull market and showing signs of wanting to move higher. All of the three major short-term EMAs have started moving up and the stock still trading above its 50-day EMA. Despite the positive divergences, some technical indicators are looking weak. The slow stochastic is below the 50% level and the MACD is positive but below its signal line. As long as the stock holds above the 50-day EMA, move up to 58 or 60 is possible.

Stocks to Watch for August 22, 2013

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