For the last year, Wynn Resorts, Limited (NASDAQ:WYNN) has been stuck in a purgatory of sorts. In other words, the casino resort stock has been stuck in a tight range, unable to break up or down. The range is between $85 and $105. It is truly amazing to see the stock stuck in such a range for such a massive amount of time. Smart investors are truly being smart. They are waiting to see which direction it breaks and then plan to hop on board. Whichever way it goes, the move will be big. Expect $50 or $150 quickly, say most top traders who are watching and waiting.
Stock traders analyze the chart on Wynn Resorts, Limited