Our ALGO engine triggered a buy signal on Crown Resorts on September 28th at $11.10.
Since then the share price has traded in a range between $11.80 and $10.90.
We are seeing an improved technical picture on the stock with buy-side support increasing in the $11.10/20 range.
Over the medium-term, we see the $11.80 level broken to the upside with a potential range extension up to $12.60.
Crown Resorts