I had made an additional investment in Wynn Resorts $Wynn(WYNN)$ at $94.89 on May 8, 2024 as part of the dollar cost averaging strategy, given the recent performance and outlook for the company. 1. Strong First-Quarter Performance: Wynn Resorts' first-quarter earnings report demonstrates solid growth and profitability. The company significantly exceeded Wall Street estimates, reporting operating revenue of $1.86 billion (up from $1.42 billion last year) and an adjusted profit per share of $1.59 (well above last year's 29 cents and analysts' estimate of $1.27). This strong financial performance suggests that your investment in Wynn at $94.89 may have potential for further appreciation. 2. Macau Market: Wynn's properti
Do You Have Good Strategy to Buy the Dip?
After I buy the dip, the stock loses -18%. And I buy more dip, the stock dips more -12%. People say you can't time the market. But I've proven that wrong. I buy the dip at the beginning of a bearish trend. Or you can call it a top. --------------- Do you have ability to time the market like me? What’s your good strategy for buying the dip?
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