WYNN Setting Up As Low-Risk Buy

www.investing.com/analysis/wynn-setting-up-as-lowrisk-buy-200589137

By Gary S. Morrow | Jun 30, 2021 02:06PM ET

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Wynn Daily Chart.

Wynn Resorts Limited (NASDAQ:WYNN) is setting up as a low-risk buy. Solid support is in place near $120.00. The stock has been consolidating in a narrow range since mid-February. WYNN is far from overbought, with the daily MACD sitting near neutral. A close below $119.00 would be a clear warning sign. A close above last week’s high could spring it.

Note: We have no position.

You can ready Gary S. Morrow's original post here.

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Comments (1)

CHADWICK RICHINGTON Jun 30, 2021 8:35PM ET

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Saddled with debt… travel restrictions… nah

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WYNN Setting Up As Low-Risk Buy

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