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Bullish Moving Average Cross by Wynn Resorts Ltd (WYNN)

By Nick Russo

Today, shares of Wynn Resorts Ltd (NASDAQ:WYNN) have advanced above their 10-day MA of $107.90 on a volume of 610K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

In the past 52 weeks, Wynn Resorts Ltd share prices have been bracketed by a low of $90.06 and a high of $197.68 and are now at $110.31, 22% above that low price. Over the past week, the 200-day moving average (MA) has gone up 0.2% while the 50-day MA has declined 2.2%.

SmarTrend is tracking the current trend status for Wynn Resorts Ltd and will alert subscribers who have WYNN in their portfolio or watchlist when shares have changed trend direction.

Keywords: moving crosses wynn resorts ltd

Ticker(s): WYNN