Traders should now look for long-biased trades in WAG as long as it's trending above some near-term support at $46 and then once it sustains a move or close above its 50-day at $48.28 with volume that hits near or above 6.13 million shares. If that breakout triggers soon, then WAG will set up to re-test or possibly take out its next major overhead resistance levels at $50 to its 52-week high at $51.25. Any high-volume move above $51.25 will then give WAG a chance to tag $55.
Caesars Entertainment ( CZR) is a casino-entertainment provider and a diverse U.S. casino-entertainment company. This stock closed up 12.8% to $15.94 on Wednesday.
Wednesday's Volume: 2.01 million
Average Volume: 715,757
Volume % Change: 196%
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