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Eldorado Resorts Up 37.5% Since SmarTrend Uptrend Call (ERI)

By Nick Russo

SmarTrend identified an Uptrend for Eldorado Resorts (NASDAQ:ERI) on October 15th, 2019 at $42.77. In approximately 3 months, Eldorado Resorts has returned 37.53% as of today's recent price of $58.82.

In the past 52 weeks, Eldorado Resorts share prices have been bracketed by a low of $32.49 and a high of $60.26 and are now at $58.82, 81% above that low price. Over the last five market days, the 200-day moving average (MA) has gone up 0.3% while the 50-day MA has advanced 1.6%.

Eldorado Resorts Inc. owns and operates as a chain of resorts. The Company offers casino, poker, roulette, and other games, as well as provides food and beverages services. Eldorado Resorts serves customers in the United States.

SmarTrend will continue to scan these moving averages and a number of other proprietary indicators for any shifts in the trajectory of Eldorado Resorts shares.

Log in and add Eldorado Resorts (ERI) to your watchlist today so you can receive a real-time alert when the shares are about to change trend.

Keywords: spotlights eldorado resorts

Ticker(s): ERI