Crown Resorts Is Oversold

Crown Resorts is a current holding within our ASX100 model portfolio.

Following the recent sell-off on the back of global concerns about slower VIP growth, the stock has retraced from $14.50 to $11.75, which forms a “double bottom” pattern dating back to October 2017.

You're not a member!  Trial today!

At $11.75 we believe Crown offers value and investors should look to accumulate the stock for a move higher.



Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals