Consolidated Gaming Corporation

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Open/close reversal confirmed for Consolidated Gaming Corporation signalling the sellers were in control all day

Open/close reversal confirmed for Consolidated Gaming Corporation signalling the sellers were in control all day

[BEARISH STRONG]: Consolidated Gaming Corporation opened in the upper part of daily range at 100% & closed in the lower part of the trading range at 11.8%. This suggests the sellers were in control all day. Over the last 12 months there has been 2 trading days with the opening price in the upper shadow & the closing the price in the lower shadow giving a confirmation ratio of 0.8%. Over the last month there has been 2 trading days with the opening price in the lower upper range & the closing the price in the lower price range giving a confirmation ratio of 11.1%.

Consolidated Gaming Corporation: Range Performance (88.9)

[BEARISH]: Consolidated Gaming Corporation sellers are increasingly eager. This is the first day sellers have increasing eagerness for CGC adding strength to a downtrend in the first timeframe. The biggest price range this month has been $1.0000 & the greatest daily price range this year has been $3.0700. The price range ratio this week versus the quarterly price range is 0.3x & the price range ratio this month versus the year to date price range is 0.3x.

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