Game On Again

Back on March 21st, we mentioned that Churchill Downs (CHDN) had broken above a possible entry line.

A lot has happened in the past month. How has it held up?

It’s held up well, and is showing positive momentum as we speak. 

And, overall, is Gaming & Leisure still hot?

Yes. It’s one of the top 15 hottest sectors right now.

What about Boyd Gaming (BYD)?

We’ve also talked about BYD, and it’s getting very close to a possible entry:

Above $69.43 could be a possible Buy.

Any others in this group?

Yes! DraftKings (DKNG) is looking strong also:

DKNG has been going sideways in a base, gathering up energy. 

A break above $21.62 could lead to a big, explosive move up to $26 or higher.

Gaming & Leisure is hot right now. 

We’ll keep an eye on it.

Happy trading,

Scott