May 10, 2013 (SmarTrend(R) News Watch via COMTEX) -- Las Vegas Sands (NYSE:LVS) traded in a range yesterday that spanned from a low of $57.00 to a high of $58.23. Yesterday, the shares gained 2.1%, which took the trading range above the 3-day high of $57.74 on volume of 4.1 million shares. Often times after large one-day gains, short term traders will seek to take profits and, as such, investors should be cautious.
SmarTrend is tracking the current trend status for Las Vegas Sands and will alert subscribers who have LVS in their portfolio or watchlist when shares have changed trend direction.
Las Vegas Sands share prices have moved between a 52-week high of $58.23 and a 52-week low of $34.72 and are now trading 68% above that low price at $58.23 per share. Over the past week, the 200-day moving average (MA) has gone up 0.7% while the 50-day MA has advanced 0.9%.
Write to Chip Brian at cbrian@mysmartrend.com
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Copyright, Comtex News Network, Inc. 2013
