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
