Wynn's most recent trend suggests a bearish bias. One trading opportunity on Wynn is a Bear Call Spread using a strike $90.50 short call and a strike $95.50 long call offers a potential 1462.5% return on risk over the next 14 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $90.50 by expiration. The full premium credit of $4.68 would be kept by the premium seller. The risk of $0.32 would be incurred if the stock rose above the $95.50 long call strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Wynn is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Wynn is bearish.
The RSI indicator is at 35.57 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Wynn
Edited Transcript of WYNN earnings conference call or presentation 5-May-16 8:30pm GMT
Fri, 06 May 2016 08:25:40 GMT
[$$] Wynn Resorts Swings to Profit
Thu, 05 May 2016 22:58:11 GMT
Q1 Earnings Reports in Full-on Squall: WYNN, SQ, YELP, FEYE, CYBR
Thu, 05 May 2016 22:17:10 GMT
Wynn (WYNN) Q1 Earnings Top, Revenues Miss
Thu, 05 May 2016 22:08:10 GMT
Wynn Posts Better Than Expected Results Despite Lingering Weakness In Macau
Thu, 05 May 2016 21:40:00 GMT
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