Buy: WYNN (107.80) weekly chart suggests runup to 120's

Rationale: After bottoming in the 90's, WYNN is reflecting a weekly upside divergence, although technicians argue a developing head and shoulders pattern . For now, expect a run up in the 120 area. Entry in the intraday time frames (30 min) indicate pullback to 105. Beyond that, support should hold @ 102. (Note: FWIW, Bear Stearns upgraded WYNN to outperform on March 17th).

Las Vegas Sands LVS (82.90) is displaying a similar buy configuration.

Target: 120's

Stop: 101