WYNN stock is showing signs of a bottom and possible bullish reversal. RSI is improving and buy volume is increasing slowly. Watch for this triangle to breakout to the upside on a short squeeze for a possible $182.50 gap fill today and tomorrow. If gap gets filled immediately watch for follow through rally back to $200.
We can see on the H1 chart a double top has been formed. A good oportunity to short for intraday. Then when price gets to the 1.4300 level!!! whould have lots of confluences to go long as a swing trader....
US budget balance suffered a significant blow during the fallout of 2008/9 us mortgage crisis. Government stimulus measures needed at the time to stop the downward spiral in US markets created a huge budged deficit. In addition, government tax revenues fell sharply (as most corporations failed to show profit, thus to pay corporate taxes).
Since 2011, however,...