SUMMARY
Caesars Entertainment Corp. (CZR) has completed a large ABC expanded flat correction. However, the standout is the Cup & Handle pattern as shown in the below chart. There are times when even with Cryptos, the genesis of an ICO can start with a correction. Similarly, CZR has done the same with the ABC expanded FLAT.
When adding Elliott Waves, it shows that handle formation is complete since price has now breached the upper white trend line. A pattern has two requirements. It must first complete the pattern and then confirm it buy breakouts. I believe CZR has met those requirements. The MACD also has curled up and and should start rising to support the price breakout (white arrows).
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