Aggressive traders could probe the long side of LOGI on available weakness.
If you are long from lower levels continue to hold those positions.
The casino operator's shares just received a boost from a deal in which the company is taking a large stake in Barstool Sports.
Shares of the social game developer may have bottomed.
Traders are leaving the casino stocks on the news and their charts indicate their prices could slide even more before support develops.
Let's see what the charts of LOGI look like today.
After a mid-November pop, IGT shares have been consolidating over the past two months.
The charts and indicators show possible targets that could wash up good returns, so it may pay to stay long SE.
While these two are guaranteed to move together, I would likely play both rather than one with simple calls.
Symmetry makes this trade setup look appealing.