Macau-focused gaming stocks like Las Vegas Sands (LVS.US), Wynn Resorts (WYNN.US) rose more than 3.0% on Wednesday after Reuters reported that China's gambling hub would reopen casinos this weekend amid a drop in Covid infections.
Las Vegas Sands (LVS.US) launched today’s session with a bullish price gap above downward trendline and is approaching major resistance at $38.00, which is marked with 23.6% Fibonacci retracement of the downward wave launched in March 2021. If sellers manage to regain control, then the key support zone lies around $28.80. Source: xStation5
Rallies in European airline valuations
The Strait of Hormuz reopens
US OPEN: The Strait of Hormuz is fully open 💥Euphoria in the markets 🚀
Market wrap: Peace rumours and disapointing earnings
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
