See how the Double Bottom is playing out for WYNN. View live chart.
Reversal pattern after a downtrend.
Reversal pattern. Price likely to break upwards.
WYNN is showing interesting structural developments at $97.67. Currently at $97.67, the asset is showing downward momentum (-0.4%). Price action has carved out a classic Double Bottom. Buying pressure is average relative to the 20-day average. A potential breakout level is identified at $111.68, targeting $129.9 with support near $102.56 (R:R 2.0).
What is your outlook on WYNN?