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Crown Resorts – Looking Extremely Oversold

After testing a 12-month low at $11.90 in early trade, shares of Crown provide an opportunistic entry level for both investors and traders.  The share price has been washing out following last week’s average earnings result.

With the share price sliding over 20% lower since mid-August, we believe we’re now looking at an inflection point with new buying demand ready to build.

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