LVS Short Play For Quick Buck
Posted on Fri 4th Jan, 2008 07:00:03 AM
Sadly I missed this one, Las Vegas Sands, LVS stock just had a simple breakdown for 10 points that drove the stock from $106 down to $95.
The $105 – $106 price area was the key support the stock as it hit this level twice, first in early November then again in late November. The third test was apparently the charmer.
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The stock closed today at $95.37 and should head lower from here.
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