Everi holdings really got my attention. Great company with great fundamentals. I've been trading mostly stocks for the past 2 weeks as they have better volatility than crypto and forex.
Anyways,
here's the insight. Case of $8.
EVRI broke out of the short term bearish trend line at around $5. The high of the day was $7.19. really close to $8.
This is a retest and will definitely hit $8 soon. as you can see it is hovering around the second trend line and will most likely bounce up again.
Also a good trade long term. Earning Report coming up in August 10, 2020. And I think they will smash the estimates.
I have a short term price target of $8 as it was a previous support became resistance. and a mega target for $15.
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