
Wynn Resorts Stock Flashing Bull Signal Ahead of Earnings

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Wynn Resorts Ltd (NASDAQ:WYNN) is preparing for its fourth-quarter earnings report, with shares currently at $109.46, up 1.9%. Despite a 32.2% increase over nine months, the stock has declined since reaching a four-year high of $134.72 in December. A bullish long-term trendline is emerging, historically indicating a 70% chance of a price increase one month later. Options traders anticipate a 10.2% price move post-earnings, while short interest remains significant, potentially leading to a short squeeze. The stock's volatility score suggests it has outperformed expectations in the past.

