I went all in on LVS over the last few weeks and hit the jackpot, and have been unwinding the position. I’ve taken the ride from 19 to about 24, and now its time to cash out of the casino. I guess the house doesn’t always win.
I will look for a three tier short system here to find a top type trade. From a day trade perspective I am shorting only Tier 1 here vs. highs of 24.95. I will not short too much too quick, and if it squeezes higher I will add.
If we start to fail I will add thru 24.65. (Update- we have started to fail and have traded through 24.65 on high volume. Time to add to short.)
