Last week, we looked at Last Vegas Sands (LVS) and expected a new high on the year based on the strong prevailing bullish trend. LVS Weekly Chart(click to enlarge)New Highs and 70:- As we can see on the weekly chart, LVS has been bullish since the beginning of 2016 and has not shown any signs of slowing down.- Indeed it pushed into new highs last week and is extending this week. - Looking at the weekly chart, we can see that the next key resistance will be around 70. If price pushes straight up, it will high a channel resistance around 70. - 70 is also a previous support/resistance pivot that might at as resistance again. - Finally, the RSI is going to push above 70 if price goes to 70. I would watch out for a bearish divergence. Support:- The previous resistance around 60 (a little lower) could become support. - This is also where the 200-week simple moving average resides at the moment.