Las Vegas Sands has still an uptrend and is going toward its highest level.

From a fundamental viewpoint, the company is strong. The Thomson Reuters consensus revised regularly upward EPS estimates of the company for the current year. Earnings are in a good trend and estimates underline a good potential.

Technical patterns are in the green: prices are up for several months. The movement should continue in the coming trading sessions. The 20-day moving average should help the stock to reach the USD 73.3 mid term resistance. The good reaction of the share on this level, combined with a major support at USD 69.5, confirm the bullish potential.

In consequence, investors can take a long position in Las Vegas Sands with a first target price at USD 73.3. This level is the long term resistance. A new bullish fluctuation could lead the security toward its highest level in case of breakout of this resistance. A stop loss will be set under the short term support.