CZR Caesars Entertainment Corp – Swing Trade Idea
Posted by Odd Stock Trader at February 28th, 2013
Haven’t Posted in quite a white, and I am sorry about that, I just wanted to give a quick idea tonight on CZR for a swing trade idea. I am not long the stock, but will be looking to take a position if it can break over 12.60 and hold. As you can see from the chart below there is some heavy resistance at that area.
This thing can really move and you can set a stop around 12.25 or higher depending on your risk.
As always, do your own DD and never buy or sell a stock based on a recco.