ERI (Eldorado HoldCo LLC) will trigger a short entry on any move below 18.63. The price targets at this time are T1 at 17.49 & T2 at 15.45 with the potential for a third price target to be added around the 13.40 area, assuming an entry is triggered & depending on how the charts develop going forward. The maximum suggested stop is any move above 19.76 with a suggested beta-adjusted position size of 0.90 (not accounting for any other short exposure to the casino sector).
ERI daily April 13th