WYNN (Wynn Resorts Ltd) will most likely meet its required pocket pivot volume so is most likely buyable here. WYNN is a good example of a stock that violated its 10dma within 7 weeks after its pocket pivot and subsequent breakout, so a violation of its 50dma could then be used instead as a selling guide. A violation occurs when the stock closes below the 50dma, then moves below the low of that day on a subsequent day.
PPR - WYNN
|Published:||1 Dec 2010 16:31 ET|
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