Watch IGT Today
Posted on Tue 12th Dec, 2006 09:23:46 AM
Shares of International Game Technology (IGT) have based themselves out perfectly waving a strong bull flag the last few days. Take a look at the chart and you can see the stock has broken through the $45 resistance, closen above it, and has spread up towards $45.60. This heightens are upward volatility and if you want to play it tight you can slap a stop loss at $44.45 to minimize your downward exposure. IGT is in the same Industry Group as Las Vegas Sands (LVS), and behind LVS is #2 overall in the Group. Volume has been light lately so what we are looking for is a strong accumulation towards to move above $46. WATCH THIS STOCK.
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