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Post# of 365660
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silencedogood2011

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silencedogood2011

Re: None

Wednesday, 04/30/2014 1:09:03 PM

Wednesday, April 30, 2014 1:09:03 PM

Post# of 365660
WYNN on notice for earnings and end of month Macau gambling revs. Two weeks ago analyst saw gaming revs for Macau alone lowered for the month due to weather conditions. Wynn took the hit down to 190. WYNN bounced off of the 190 support and is looking range bound in the 198-205 area.

As we look at the earnings for gaming. LVS blew away earnings and raised expectations for the year and still took a hit. WYNN looks to report on May 1st.

If WYNN succeeds in blowing away estimates (EPS $2.07 with 1.49B in revs) I see WYNN gapping to 212-215 area and try to burn through resistance at the 218 then major resistance at the 220 area.

Risking it all to obtain the reward, necessitates the motivation to succeed.

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