SKYCITY Entertainment Group Limited (SKC.NZX)

14 February 2018

Technical Summary: Over the long term the stock of SKC has been more suitable for mean reversion traders. The stock has usually been buyable at around $3.50-3.70 per share with the stock normally finding support. More recently it has been a choppy year for holders with the stock never gaining any momentum in any direction. In the last few months the stock has been behaving constructively
and has made a couple of higher lows.

Choppy action for most of the year and the stock looks to consolidate

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