It looks like the rally attempt last week from Melco PBL Entertainment (MPEL) is starting to get tired. A test of the June lows seems to be the next move.

Wynn Resorts….I love the casino but not the stock chart. Another leg down is the best bet.

Melco PBL Entertainment (MPEL)


Wynn Resorts (WYNN)


P.S. Take my highest-probability swing trades every day.  Sign up for a free trial to Tom Incorvia’s Stock Swing Trading Service by clicking here.

Tom Incorvia is a professional swing trader with 20 years of experience in the financial markets. E-mail him at tom@traderinsight.com.

Disclaimer
The article submitted to the Tiger Shark Publishing LLC is presented for informational purposes only and should not be construed as a solicitation to buy or sell securities or securities derivatives of any kind, nor serve as any type of investment advice or strategies. Actual results may differ greatly from expressed opinion. The author expresses a personal opinion and will not assume any responsibilities of the action of the reader.