Wynn Resorts ($WYNN) is showing signs of a major technical breakout, supported by strong institutional interest, a luxury-driven business model, and improving global travel tailwinds. We break down why this casino giant could outperform—and how we're positioning around it.

📈 Stock of the Week: Wynn Resorts ($WYNN)

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🎯 Why We Like It Here

We’ve been watching Wynn ($WYNN) quietly build energy under the radar, and now it’s showing clear signs of a major breakout. The setup is clean, the technicals are aligning, and institutions are starting to position for the next leg higher.

Wynn is in a class of its own. While the rest of the Las Vegas Strip scrambles to attract foot traffic and manage debt, Wynn operates like the LVMH of casinos—luxury, exclusivity, and pricing power. They’re not dependent on mobile betting promos or mid-tier tourism. They cater to the top, and the top is still spending.

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📊 Technical Setup – Breakout in Progress

• Golden Cross on Daily and Weekly Charts ✅
• Breaking a 3-year downtrend that capped price since 2021
• Volume picking up on up days = accumulation
• A move above $120 confirms the macro breakout
• $113–115 is the smart entry range for early positioning

📌 Price Targets:

• 🔹 Target 1: $140 (2021 swing high)
• 🔹 Target 2: $160–200 (long-term ATH retest)

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🧠 Institutional Backing + Macro Tailwinds

• Barclays & Morgan Stanley: Overweight $WYNN, PTs up to $127
• Citi: Downgraded to Neutral but raised price target from $108 → $114 🤔
• Macau GGR growth is back online, with Wynn well-positioned to benefit
• UAE mega-resort opens in 2027–2028 = long-term growth catalyst
• Exited WynnBet = no mobile cash burn, tighter margin control
• Luxury consumer still spending, even as general Vegas tourism softens

Wynn doesn’t need the crowd—it needs the right guest. That’s a sustainable edge.

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🧱 Our Game Plan

We are beginning to build a position here. This is how we’re playing it:

📍 Entry Zone: $113–115

• Starter position as price consolidates below major breakout

📈 Add Zone: $117–119

• Add size once $115 clears and momentum builds

🚀 Breakout Zone: $120+

• Full confirmation and institutional chase territory

🔻 Stop Levels:

• Conservative: < $108
• Looser swing: < $105

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💼 Optional Options Strategy

If you want to express this with less capital and longer runway:

• Buy Jan 2026 $120 Calls (LEAPS)
• Sell Jan 2025 $100 Puts to get paid while waiting or acquire shares at a discount

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📣 Final Word

We like this stock here. The chart is strong, the narrative is clean, and the risk-reward is in our favor. A move over $120 could trigger a powerful breakout to 2021 highs and beyond. We want to be positioned before the headlines hit.

📍 Positioning now. Watching for confirmation. Managing risk. Let’s ride.

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Questions? Tag us in the options or equities chat.

GAR Capital Team
📉 Markets don’t wait. Neither do we.