vf_investment

CZR long at the support

Long
BATS:CZR   Caesars Entertainment, Inc.
CZR looks bearish again.
The price created lower highs which is a sign of the distribution and we've already seen a bearish breakdown.
No edge on CZR yet even though RSI is oversold. We may see a small bounce but the level which we consider as an entry for a long position is 40,30 $.

Target: 49 -50 $
Stop loss: 39,89

Do you agree?

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