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Wynn Resorts Ltd Shares Down 24.8% Since SmarTrend's Sell Call (WYNN)

By Nick Russo

SmarTrend identified a Downtrend for Wynn Resorts Ltd (NASDAQ:WYNN) on June 5th, 2018 at $179.68. In approximately 3 months, Wynn Resorts Ltd has returned 24.77% as of today's recent price of $135.18.

In the past 52 weeks, shares of Wynn Resorts Ltd have traded between a low of $82.51 and a high of $203.63 and are now at $135.18, which is 64% above that low price. The 200-day and 50-day moving averages have moved 0.29% lower and 1.3% lower over the past week, respectively.

Wynn Resorts Limited owns and operates luxury hotels and destination casino resorts in Las Vegas, Nevada and in Macau, China. The Resorts feature guest rooms and suites, restaurants, a golf course, and an on-site luxury automotive dealership.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any changes in momentum for shares of Wynn Resorts Ltd.

Log in and add Wynn Resorts Ltd (WYNN) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights wynn resorts ltd

Ticker(s): WYNN