Candle pattern: Peirching pattern
MACD: 4hr and under bullish, but early for 1D
Double bottom support held
Fibonacci chart saying it could run past 15
In with trailing stop.
Empire Resorts is in a strong down-trend, and it has bounced into three forms of resistance:
* The 4-year moving average (shown as the dark-blue line).
* The 2-year moving average (shown as the light-blue line).
* The 38.2% Fibonacci level (shown as the red line).
If NYNY falls at this point, it is likely to head to new lows over the next 5 years.