Crown Resorts is now under Algo Engine buy conditions and we continue to see upside opportunity in the share price.
CWN goes ex-div $0.30 on the 20th September and the stock trades on a forward yield of 4.5%.
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Note: There is a price gap back to $11.80. With the stock trading $11.90 today we’ve almost seen the price gap closed. Expect a rally from $11.80, we view this level as a discounted entry point.
Buy Crown between $11.80 & $12.00.
