CAESARS entertainment has been on our radar for a while now. Recent activity in the options market has signals significant gains are ahead. The dawning of sports betting and rumors regarding activist investors interest in selling the company to a competitor has also brought investors back to the stock. It is approaching a apex on the chart we think it breaks up.
The Caesar seems to be doing it well, but for how long? There's still a gap to play with.
Learn how to beat the market as Professional Trader with an ex-insider!
Next one on June 4th, Book your seat, just 25 available.
Have a Nice Trading Week!
Cream Live Trading, Best Regards!
RSI is -10 compared to the last bounce. The share has witnessed an identical 1.60 lowering of price since the last bounce. 13.6 resistance recently broken. A repeat bounce of 1.78% would bring it to this resistance again.
CZR price created a rising triangle and consolidated under 13.5
this week price broke above 13.5 level on high volume with strong momentum for 2 days
now price looking to retest 13.5 area
im going long here at 13.8
a few abstractions on the way but i think 15.5 is coming