Looks okay here, but
LVS might pull back if broader market pauses or enters downturn in early June.
Pivot points to note: S1 pivot is approximately $55.80; R1 is $59.20
YTD linear regression line currently at $61. Linear regression in uptrend which reflects recovery form late January sell-off.
I wouldn't describe it as drastically oversold at this level. For long-term investors, a half position at this time would be interesting.
I purchased shares in an IRA account because I felt my cash levels were too high.
Pivot points to note: S1 pivot is approximately $55.80; R1 is $59.20
YTD linear regression line currently at $61. Linear regression in uptrend which reflects recovery form late January sell-off.
I wouldn't describe it as drastically oversold at this level. For long-term investors, a half position at this time would be interesting.
I purchased shares in an IRA account because I felt my cash levels were too high.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.