LVS (NYSE) is getting close to it's support at 15,97$. If it goes under 15,80$ get ready for another drop to about 14,50$.
I know i have mentionned it should get back to 17$ early this week but i am suspecting a hug increase in short selling as volume is not there and 3 majors blocks were sold at the end of the day almost at the same time WFC got rated sell. This is sometimes seen as negative momentum and for short sellers it is a great opportunity to benefit from market frenzy and fear.
If it goes to a low level like taht, it would be a great opportunity to buy some more unless something really bad is brewing and this, i do not believe. With all that's coming and LVS being the biggest casino operator, and having fixed (or close to) their debt, i still believe in 35$ end of the year.
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