Long Position on LVS @ $77.69 on 12/19/2013 (Momentum)

Las Vegas Sands Corp. (LVS) develops, owns, and operates integrated resorts in Asia and the United States.

The company owns and operates The Venetian Macao Resort Hotel, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao and Sands Cotai Central in Macau, the People’s Republic of China. It also owns and operates the Marina Bay Sands in Singapore; The Venetian Resort Hotel Casino, the Palazzo Resort Hotel Casino, and the Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania.

The company’s integrated resorts comprise accommodations, gaming and entertainment facilities, retail facilities, convention and exhibition facilities, celebrity chef restaurants, and other amenities.

Shares have formed a bullish "flag" and higher share prices are expected for this stock.

52-Week Trading Range: $44.44 - $78.12

Entry Point: $77.69

Stop Loss: $74.10

Target Price: $85.80

Updates

1/21/2014 10:05:36 AM

We are exiting LVS positon at $82.35 after it failed to reach our target price in 30 days or less..

Position closed on 1/21/2014 at price of $82.35 with a 6.00% gain in 33 days.

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