mohamed.tharwat.elsherief

ERI showing Daily Ascending Triangle

NASDAQ:ERI   ELDORADO RESORTS INC
ERI was in a strong weekly bearish trend and may have found some support on the Monthly time frame. In the Daily timeframe , the stock is building an ascending triangle .

The most noticeable thing so far is the last strong volume bar that may lead to a strong breakout.

A breakout and a re-test should be observed before going long.

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Great chart
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