Chart Patterns & Algorithmic Trader (Jan. 28, '20) (64)
WYNN ABC Bullish Pattern
s
Reviewed in CPAT
Wynn Resorts Ltd (WYNN) is trading in an ABC Bullish pattern on its daily chart above
the long entry-level of $74.34. ABC Bullish patterns are valid only when price closes
above the entry level with the confirmed up trend. Enter a long trade above entry-level
with a stop below $67.53 (-$6.71). Targets are placed at Target1 Zone $112.7 to $125.0
and,Target2 Zone $160.4 to $185.9.
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