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CZR
Forbes
3 mins

Time To Buy Caesars Stock Now?

1. CZR is trading near a historical support range at $22.21-$24.54. 2. CZR has rebounded significantly from this support level in the past. 3. Recent revenue growth has been negative at -0.1% LTM. 4. CZR's PE ratio stands at -25.1, indicating it has negative earnings. 5. The stock is at risk during market downturns, as seen in historical declines.

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FAQ

Why Bullish?

CZR's historical support suggests a high likelihood of recovery and buying interest.

How important is it?

The historical significance of the support range enhances CZR's short-term outlook.

Why Short Term?

The upcoming earnings period may lead to a quick price reaction.

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