Crown to close the gap

I recently outlined the fundamentals that support the share price at these levels.

Importantly the technicals are also looking very strong. The share price has been basing on declining volume and as others have also identified has been performing rather well relative to a weaker broader market.

The market is already expecting bad news to come out of China, so unless that news is materially worse than expected, then this looks like it is going to close the gap.