Sunday, November 4, 2012

Pre-election Stock Play

As the US election is less than 2 days away, the market will likely be positioning for the probable election outcome. Depending on the election results, certain industries will benefit and others will not.

Here is a stock that is unlikely to be affected by the election results, Las Vegas Sands (LVS), a casino/leisure stock.

LVS appears to be forming a cup & handler pattern with a breakline near 47.60 and a measured move price target near 60. Watch the video for more details on the analysis.

Click here if you don't see a video player on your screen.



 Disclosure: Long on LVS


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