This rally is not without its drawbacks, leaving WYNN with a 14-day RSI of 73.24, placing the stock in a potentially overboughtposition.
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2.
Constricting bollinger bands indicate the potential for an increase in volatility that could trigger a breakout, and the proximity to the upper band suggests an overboughtposition.
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3.
The stock used the 20-day exponential moving average (EMA) as support on August 16 and 19, but is threatening to close beneath the EMA, and down trending stochastics near 70 indicate an overboughtposition.