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Saturday, October 17, 2009

Las Vegas Sands LVS Stock Analysis

The following is technical analysis of Las Vegas Sands Corp. (LVS) stock for October 19, 2009

Las Vegas Sands Corp. (LVS) Support and Resistance Levels - 10/19/09

Resistance Levels - $18.84, $20.73, $25

Support Levels - $15.91, $14.38


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Las Vegas Sands Corp. (LVS) is having another retest of the 50 day moving average. This has been a solid support level over the past 3 months so i'd expect it to hold and be a great buying opportunity. An actual close below this level would be bearish.

On the upside, resistance is located at the 10 day moving average as well as the recent high of $18.84. For More Technical Analysis - Go Here

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