frodders

LVS J-hook pattern

Long
NYSE:LVS   Las Vegas Sands Corp.
LVS has formed a J-hook pattern with a projected measured move to the 70 area. This ties in nicely with a prior pivot high which might act as a liquidity magnet. Price is squeezing on the daily timeframe, and the Fibonacci EMAs are stacked in their correct order.

There's decent open interest at the 70 call strike for 21st April expiration which is reassuring ...
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