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Las Vegas Sands Fades From The Open



May 19, 2011 – Comments (0) | RELATED TICKERS: LVS , MGM , WYNN

Las Vegas Sands Corp.(NYSE:LVS) is a leading casino stock that started the morning higher and has faded from the open. This morning the stock is trading higher by 0.28 cents to $41.84 a share. The stock has been under selling pressure since early May 2011 on the daily chart. Day traders can watch for short term intra-day support around the $41.50 area.

Wynn Resorts Ltd.(NYSE:WYNN) is trading lower on the session by 0.16 cents to $146.70 a share. WYNN stock remains in a daily chart up-trend at the moment. The stock should have intra-day support around the $143.15 level.

MGM Resorts International(NYSE:MGM) is trading higher by 0.27 cents to $15.34 a share. This stock remains very strong on the daily chart at this time, however, the stock is getting a little extended and may be due for a pullback soon. The stock will have intra-day support around the $15.00 level.

Nicholas Santiago

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