Today’s DailyPlay is Las Vegas Sands Corp. (LVS). LVS is an American casino and resort operating company based in Nevada. The company is one of the leading global developers of destination properties. Its resorts feature high-end accommodations, gaming and entertainment, convention and exhibition facilities, celebrity chef restaurants and clubs, as well as an art and science museum in Singapore.
LVS is currently in a bearish trend with a weak technical score of 3, providing a good selling opportunity. After both 1-month and 6-month trend indicators turned bearish two days ago, LVS is showing downward momentum as we look for moves lower towards its $49.82 low.