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Saturday, September 26, 2009

Las Vegas Sands LVS Stock Analysis - 9/28/09

The following is technical analysis of Las Vegas Sands Corp. (LVS) stock for September 28, 2009

Las Vegas Sands Corp. (LVS) Support and Resistance Levels - 9/28/09

Resistance Levels - $18.58, $20, $20.73

Support Levels - $16.80, $13.84


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Las Vegas Sands Corp. (LVS) has closed below the 10 day moving average for 2 straight trading sessions. During the prior two sell offs, LVS has closed back above the 10 day moving average on the 3rd day. If LVS cannot get back above the 10 day on Monday, we could be setting up for a bigger sell off. LVS has support at the 50 day moving average ( currently at $13.84 ) which would be a strong buy. Resistance is located at $18.58 and $20. For more Technical Analysis - Go Here

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