WYNN Reversal?

WYNN is finally seeing some support at around $42. It has succesfully broken out of its "death spiral" but may see some resistance from the 50 DMA and the historical resistance. This is a similar setup to what was seen in the BWLD stock reversal last week.

It could go either way, but a solid candle above the 2 resistance points would hint at a reversal. With the way the markets are going right now, though, anything could happen. I hear the WYNN in Las Vegas is pretty awesome.