Very interesting short signal formed in NASDAQ:WYNN here.
The fact that triggered after an extended rally, suggests it could be a low risk entry to try and capture a correction or reversal of the entire move up since the China reopening narrative kicked off...
Best of luck!
Cheers,
Ivan Labrie.
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So far, so good...
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I suppose this trade ran its course, China stock market had a big rebound today, I would be surprised if this continued lower.