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CAESARS ENTERTAINMENT INC NEWCAESARS ENTERTAINMENT INC NEWCAESARS ENTERTAINMENT INC NEW

CAESARS ENTERTAINMENT INC NEW

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CZR1 trade ideas

Roll for our point w/ $CZRCaesars Entertainment has been in a long channel up trend since the start of the year. Most recently, we have seen higher lows with steady highs. See them on the chart. BUT- the channel had roughly the same highs. Just yesterday it broke through that channel on the high side, and I bought in. (Entry in blue) My S/L is at the bottom of the recent gap at/around $9.50 and the target is to break thru $11 for a $1 gain. 2/1 ration here. Not ideal, but manageable. I am not a financial advisor, just sharing my thoughts with the community. As always, would love to hear your thoughts!
NASDAQ:CZRLong
by jeffyanzo
$CZR Buyers may fight to get Caesars, investors won't complain CAESARS entertainment has been on our radar for a while now. Recent activity in the options market HAD SIGNALED significant gains were ahead. As we had stated in our earlier analysis the company could very well be sold, today the Wall Street Journal are reporting that NASDAQ:ERI is finalizing a cash and stock deal to acquire the company and that it may be announced later this month. This may encourage others to join the bidding process, so investors will be hoping for a bidding war to ensue.
NASDAQ:CZRLong
by RedHotStocks
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