Tuesday, 15 August 2017

Wynn Macau Ltd (HKSE : 1128) / MGM China Holdings Ltd (HKSE : 2282)

Despite the recent positive news on a rebound in Macau's casino revenue, it failed to uplift Wynn Macau Ltd and MGM China Holdings Ltd stock price.

In fact, the stock price for both counters pullback and broke all the S-Trader Trend Tracker support levels before the news was published by Bloomberg.


Daily chart of Wynn Macau.

Daily chart of MGM China. 

Related post, Macau casinos’ revenue up

Note : S-Trader indicators/tools are not part of Metastock software package. It is our proprietary system/tools. If you have any further inquiries, please feel free to Contact Us. 

 Source : 
1) Metastock
2) Bloomberg

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