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Wednesday, June 30, 2021 10:29:46 PM
By: Gary S. Morrow | June 30, 2021
Wynn Daily Chart.
Wynn Resorts Limited (NASDAQ:WYNN) is setting up as a low-risk buy. Solid support is in place near $120.00. The stock has been consolidating in a narrow range since mid-February. WYNN is far from overbought, with the daily MACD sitting near neutral. A close below $119.00 would be a clear warning sign. A close above last week’s high could spring it.
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Caveat emptor!
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