Tuesday, August 5, 2014

Caesars Entertainment Corporation Runs Into Brutus

This morning, shares of Caesars Entertainment Corporation (CZR) are falling sharply lower by 0.89 cents to $13.22 a share. The decline comes as Caesars Entertainment Corp and its note-holders traded lawsuits on over its restructuring. Either way day traders can watch for some intra-day support around the $12.00 level. This is an area where day traders can expect a small bounce in the stock.

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Nick Santiago
Chief Market Strategist
www.InTheMoneyStocks.com