LVS
is in a Head and Shoulders pattern and bounced from the neckline last week. The neckline, which is at $53, is a critical area. If it breaks, we may see further breakdown to the $48, $45, and $40 areas.
On the other hand, breaking above $61 would be bullish and invalidate the Head and Shoulders pattern.
On the other hand, breaking above $61 would be bullish and invalidate the Head and Shoulders pattern.