$WYNN - WATCHLIST -
Added 2023-12-20 10:31:01 +0000 UTC$WYNN has been labeled by some Wall Street analysts as their Top pick for 2024.....and looking at the chart, I can see why.
Price battled to stay above the wedge trend line for the length of 2023 and hit the 0.5 Fib and has bounced so far.
Price will need to get back above the 200 Day MA at $100 for me, to confirm the Bull Case and that the wedge is no longer a threat.
If airlines recover and they are showing strong signs of it, then hotels will also recover.
These stocks simply have not recovered properly since Covid and that is why they are so appealing right now
Comments
now spy and qqq are so up, should we wait for pull back
Jedi
2023-12-20 10:58:34 +0000 UTC
