Casino Stocks push to new 52 Week Highs
In case you missed this group today I'm posting it here for all of you to see.. Around 1:30 this afternoon the casino stocks surged on good volume. LVS had a 4 dollar rally and the rest of the group moved much higher as well.
If you look above you will see the intraday and the daily charts for the 3 casino stocks that I like to trade. You can see on the daily how all three made 52 week highs and are in good trends. You can also see on the intraday chart how all three exploded today around 1:30. You might want to watch this group tomorrow if you are a short term trader.
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2 comments:
hi Kevin
Thank you for your web site, I am learning a lot from it.
Do you think based on today's action that LVS set up start looking like a double top ?
Those casino stocks are in such strong uptrends I would be very cautious about looking for a top..I guess it depends what the market does.. If the market sells off I'm sure LVS will fall too but that's going to be a tough trade...
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