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Las Vegas Sands Bullish Moving Average Crossover Alert (LVS)

By David Diaz

Las Vegas Sands (NYSE:LVS) crossed over its 10-day moving average of $78.06 on a volume of 740K shares. Swing traders may find an opportunity for a long position, as such a crossover often suggests higher prices in the near term.

Las Vegas Sands share prices have moved between a 52-week high of $79.84 and a 52-week low of $56.33 and are now trading 41% above that low price at $79.23 per share. Over the past week, the 200-day moving average (MA) has gone up 0.6% while the 50-day MA has advanced 0.7%.

SmarTrend recommended that subscribers consider buying shares of Las Vegas Sands on April 17th, 2018 as our proprietary SmarTrend analytics indicated a new Uptrend was in progress when shares hit $73.82. Since that recommendation, shares of Las Vegas Sands have risen 5.5%. We continue to monitor LVS for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: moving crosses Las Vegas Sands

Ticker(s): LVS