Long term picture for the stock of Wynn looks really nice and looks to have completed its long term correction phase.
China trade truce is a obvious stimulant also for the stock,
Confluence of Fibonacci Channel and Fibonacci extension at approx $210 is a nice long term target.
P/e ratio 24
Average Recommendation: Overweight Average Target Price:$145
9 BUY
1 OVERWEIGHT
8 HOLD
0 SELL
Company profile
Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.
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China trade truce is a obvious stimulant also for the stock,
Confluence of Fibonacci Channel and Fibonacci extension at approx $210 is a nice long term target.
P/e ratio 24
Average Recommendation: Overweight Average Target Price:$145
9 BUY
1 OVERWEIGHT
8 HOLD
0 SELL
Company profile
Wynn Resorts Ltd. operates as a holding company, which engages in the development, ownership and operation of destination casino resorts. It operates through the following segments: Wynn Macau, Wynn Palace and Las Vegas Operations. The Las Vegas Operations segment covers Wynn Las Vegas and Encore. The company was founded by Stephen Alan Wynn, Elaine P. Wynn and Kazuo Okada in 2002 and is headquartered in Las Vegas, NV.
PLEASE GIVE US A LIKE IF YOU FIND OUR CONTENT HELPFUL, IT IS REALLY APPRECIATED
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.