Short
Long-Term Sell for NYNY (Empire Resorts)
Empire Resorts is in a strong down-trend, and it has bounced into three forms of resistance:
* The 4-year moving average (shown as the dark-blue line).
* The 2-year moving average (shown as the light-blue line).
* The 38.2% Fibonacci level (shown as the red line).
If NYNY falls at this point, it is likely to head to new lows over the next 5 years.
* The 4-year moving average (shown as the dark-blue line).
* The 2-year moving average (shown as the light-blue line).
* The 38.2% Fibonacci level (shown as the red line).
If NYNY falls at this point, it is likely to head to new lows over the next 5 years.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.