CZR: Major Trendline Break Signals Further DownsideThe stock has now broken below long-term trendline support on the multi-year chart. That level now flips to resistance, with the breakdown under horizontal support reinforcing the bearish structure.
With broader market weakness, I'm anticipating lower levels ahead, potentially into the teens if mom
Key facts today
BofA Securities has lowered its price target for Caesars Entertainment from $40 to $32.
Teamsters have initiated a strike at Caesars Southern Indiana, impacting operations at the facility.
−0.001 BRL
−1.50 B BRL
60.62 B BRL
About Caesars Entertainment, Inc.
Sector
Industry
CEO
Thomas R. Reeg
Website
Headquarters
Reno
Founded
1937
ISIN
BRC2ZRBDR000
FIGI
BBG00ZVX9VC4
Caesars Entertainment, Inc. engages in the management of casinos and resorts under the Caesars, Harrah's, Horseshoe, and Eldorado brands. It operates through the following segments: Las Vegas, Regional, Caesars Digital, Managed and Branded, and Corporate and Other. The company was founded in 1937 and is headquartered in Reno, NV.
CZR - Dec 24 Opening Sustainable Momentum
Grading B 6 points
No idea, it is a pure technical play +1
Greater force - There is alignment with RUT +2
Technicals - Below H1 100SMA, H1 downwards consolidation, H1 rejection above 100SMA(H1) +3
Opening Sustainable Momentum 🧑🏻🚀
Strategy
Signals identify market opening H1 candles throu
Swing Trade Idea for Oct 13th, 2024 - Caesars Entertainment, IncCaesars Entertainment, Inc. (CZR) is approaching a key resistance level at $45 after a strong upward move. The price is currently in a mini consolidation phase just below this resistance, which, if broken, could trigger a new wave of bullish momentum. This setup indicates potential for a breakout, w
CZR Caesars Entertainment Options Ahead of EarningsIf you haven`t bought CZR before the previous earnings:
Then analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 40usd strike price Calls with
an expiration date of 2024-6-21,
for a premium of appro
CZR - Short into Long IdeaAfter the break and back-test of 39.20, staying Short below this level into the 0.786 retracement of 6.96 -> 120.00 . Looking to close the short, and open into a Long if successful, also at the 0.786 retracement.
In the event of a Stop Loss Trigger, the 0.886 retracement will be looked at as an are
CZR Caesars Entertainment Options Ahead of EarningsIf you haven`t bought the dip on CZR:
Then analyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 40usd strike price in the money Calls with
an expiration date of 2024-3-15,
for a premium of approximat
CZR Caesars Entertainment Options Ahead of EarningsAnalyzing the options chain and the chart patterns of CZR Caesars Entertainment prior to the earnings report this week,
I would consider purchasing the 39usd strike price Calls with
an expiration date of 2023-11-17,
for a premium of approximately $2.57.
If these options prove to be profitable prior
CZR long at the supportCZR 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
See all ideas
Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.
USU1230PAD3
CAESARS ENT. 24/32 REGSYield to maturity
8.24%
Maturity date
Oct 15, 2032
CZR5257446
Caesars Entertainment, Inc. 4.625% 15-OCT-2029Yield to maturity
7.61%
Maturity date
Oct 15, 2029
CZR5740551
Caesars Entertainment, Inc. 6.5% 15-FEB-2032Yield to maturity
6.88%
Maturity date
Feb 15, 2032
CZR5530616
Caesars Entertainment, Inc. 7.0% 15-FEB-2030Yield to maturity
6.57%
Maturity date
Feb 15, 2030
ERI5909471
Caesars Entertainment, Inc. 6.0% 15-OCT-2032Yield to maturity
—
Maturity date
Oct 15, 2032
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