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Scientific Games (SGMS) Bull Flag Set to Break Out

Scientific Games (SGMS) Bull Flag Set to Break Out

by | Sep 13, 2021 | Chart SetUps

Scientific Games (SGMS) recent bullish write-up after buyers in the January $70 and $80 calls and chart setting up well for a breakout move above $75 and out of monthly value. A move higher targets recent highs near $80 and then a longer-term move to $100. Shares have found support at the 21-EMA over the last two weeks and both RSI and MACD in strong trends but not overbought with plenty of room to move.