Wynn Resorts Might Be Getting Back on Track

Wynn Resorts has been on the watch list since August last year when it pierced the lower threshold of the Fair Value range (+30 to – 20) . It now resides at -34.89%, below Fair Value. Recent changes at the resort enterprise should improve profitability as well as benefitting from lower fuel prices globally. The recent turn to the upside which began in early December might bring this stock back into Fair Value range.

For an interactive chart: https://www.tradingview.com/x/71trzcXG/

By | 2015-01-27T07:59:28+00:00 January 27th, 2015|Categories: Money Basics|Tags: |0 Comments

About the Author:

Steven Albrecht was the President and CEO of Charter Trust Company from 2001-2016

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