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Caesars Entertai Declining With Trend-Confirming Volume (CZR)

By Nick Russo

Shares of Caesars Entertai are trading down -2.4% to $11.62 today on above average volume. Approximately 2.2 million shares have changed hands today vs. average 30-day volume of 703,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.

SmarTrend recommended that its subscribers protect gains by selling shares of Caesars Entertai on February 9th, 2018 by issuing a Downtrend alert when the shares were trading at $12.45. Since that call, shares of Caesars Entertai have fallen 8.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, shares of Caesars Entertai have traded between a low of $5.39 and a high of $14.50 and are now at $11.35, which is 111% above that low price. In the last five trading sessions, the 50-day moving average (MA) has fallen 0.8% while the 200-day MA has remained constant.

Keywords: unusual volume caesars entertai

Ticker(s): CZR