The price is still moving inside the wedge. A good time to enter the short position would be when and if the price breaks out of the support. Target is shown on the chart.
The leisure gaming group, as a whole, is setting up in a textbook breakout pattern. Group moves like this can be powerful. The combination of a group move and a similar pattern from an individual stock within that group can lead to a strong advance higher. IGT stock just made new 52-week highs. After a shakeout move in mid-March, the stock completed a textbook...
Expect a small bounce to 20s. Sitting at a very strong long trm support
NYSE:IGT Possible Scenario: LONG Evidence: Price Action Entry point: buy signal 32.20$ TP2: 33$ TP2 : 34$ Call options, Strike 38$, 11/ 19/2021, 100 contracts, cost 6K, profit in target 1: 2K, in TP2: 4K *This is my idea and could be wrong 100%
NYSE:IGT Possible Scenario: LONG Evidence: Price Action, TP1: 26.70$ TP2: 28.5$ TP3: 29.30$ Call options, strike 29$, 10/15/2021. Call options, strike 30$, 10/15/2021. *This is my idea and could be wrong 100%.
NYSE:IGT Possible Scenario: LONG Evidence: Price Action TP1: 25$ Call options, Strike 25$, 07/16/21 Call options, Strike 28$, 06/18/21 *This is my idea and could be wrong 100%
$IGT is trading below 2x stddev off of linreg(255day) bands. That's my zone. Will be looking at news + options for swinging this one with some medium-length calls.
Gap and go today. Since this ended up retesting (due to opening right near a resistance level), I want the stock to break through today's high before getting in. I would prefer a close above my buy price and then a retest of the support level. There has been lots of volume on this one too. If the stock does not break through within a day or two, I will...
IGT seems forming a bearish flag formation. A break of $23 will be flag pattern breakdown confirmation. And we think it can go down to $20 area at the breakdown. * Trade Criteria * Date first found- March 13, 2017 Pattern/Why- Bear Flag formation Entry Target Criteria- Break of $23 Exit Target Criteria- $20.13 Stop Loss Criteria- $24.13 Please check...