Technical Recap on Casinos and Gaming Equities - Melco Crown Entertainment, Wynn Resorts, Pinnacle Entertainment, Caesars Entertainment, and Penn National Gaming

LONDON, December 4, 2014 /PRNewswire/ --

Investor-Edge has initiated coverage on the following equities: Melco Crown Entertainment Ltd (NASDAQ: MPEL), Wynn Resorts Ltd (NASDAQ: WYNN), Pinnacle Entertainment Inc. (NYSE: PNK), Caesars Entertainment Corporation (NASDAQ: CZR), and Penn National Gaming Inc. (NASDAQ: PENN). Free research on these five companies can be accessed at: http://investor-edge.com/register. The US markets on Wednesday, December 03, 2014, ended on a positive note as the Dow Jones Industrial Average finished at 17,912.62, up 0.18% and the NASDAQ Composite closed at 4,774.47, up 0.39%. The S&P 500 finished the session 0.38% higher at 2,074.33. During the trading session, seven out of ten sectors finished on a higher note. The S&P 500 Consumer Discretionary Sector Index ended the day at 565.37, up 0.19%, with the index advancing 3.92% in the previous three months. Register for your complimentary reports on these five stocks at:  

http://investor-edge.com/register

Shares in Melco Crown Entertainment Ltd gained 1.64%, to close the day at $24.85. The stock recorded a trading volume of 3.98 million shares, below its three months average volume of 4.46 million shares. The company's shares oscillated between $24.04 and $24.96 during the session. Over the last three trading sessions and over the past one month, Melco Crown Entertainment Ltd's shares have lost 3.98% and 6.47%, respectively. Further, the stock has plummeted 36.10% since the start of this year. The stock is trading below its 50-day and 200-day moving averages. Melco Crown Entertainment Ltd's shares 200-day moving average of $32.10 is above its 50-day moving average of $25.54. Additionally, the stock traded at a PE ratio of 20.64 and has a Relative Strength Index (RSI) of 40.64. Sign up and read the free notes on MPEL at:

www.Investor-Edge.com/MPEL-04Dec2014

On Wednesday, shares in Wynn Resorts Ltd recorded a trading volume of 2.20 million shares, higher than its three months average volume of 1.90 million shares. The stock ended the day at $169.57, which was 2.69% below its previous day's closing of $174.25, and registered an intraday range of $168.81 and $172.21. Shares of the company traded at a PE ratio of 19.97. Wynn Resorts Ltd's shares have lost 5.06% in the previous three trading sessions, 10.01% in the last one month, and 12.19% on YTD basis. The stock is trading below its 50-day and 200-day moving averages of $180.63 and $200.99, respectively. Furthermore, shares of Wynn Resorts Ltd have an RSI of 37.93. The complimentary notes on WYNN can be downloaded as in PDF format at:

www.Investor-Edge.com/WYNN-04Dec2014

Pinnacle Entertainment Inc.'s stock edged 0.85% higher to end Wednesday's session at $23.74. The stock recorded a trading volume of 0.63 million shares, below its three months average volume of 1.37 million shares. The company's shares fluctuated between $23.43 and $23.82 during the session. Shares of the company traded at a PE ratio of 29.82. Pinnacle Entertainment Inc.'s shares have fallen by 8.66% since the beginning of 2014. Further, the stock has declined 4.62% in the previous three trading sessions and 8.20% over the last one month. The stock is trading below its 50-day and 200-day moving averages. Pinnacle Entertainment Inc.'s shares 50-day moving average of $24.14 is above its 200-day moving average of $24.06. Additionally, the stock has an RSI of 45.77. Register for free on Investor-Edge and access the latest research on PNK at:

www.Investor-Edge.com/PNK-04Dec2014

On Wednesday, shares in Caesars Entertainment Corp. fluctuated between $16.01 and $16.86 before ending the session 0.62% lower at $16.14. The stock reported a trading volume of 0.82 million shares, lower than its three months average volume of 1.62 million shares. Although Caesars Entertainment Corp.'s stock has lost 4.83% in the previous three trading sessions, it has surged 32.40% in the last one month and 23.87% in the past three months. The stock is trading above its 50-day moving average of $12.85, while the 50-day moving average is below the 200-day moving average of $16.78.  Moreover, shares of Caesars Entertainment Corp. have an RSI of 61.27. The complete research on CZR is available for free at:

www.Investor-Edge.com/CZR-04Dec2014

Shares in Penn National Gaming Inc. finished Wednesday's session 1.38% lower at $13.57. A total of 0.99 million shares were traded, which was above its three months average volume of 0.94 million shares. The stock vacillated between $13.50 and $13.79 during the session. Over the last one month and over the past three months, Penn National Gaming Inc.'s shares have advanced 3.04% and 20.62%, respectively. However, from the beginning of 2014, the stock has fallen by 5.30%. The company's shares are trading above their 50-day and 200-day moving averages. Moreover, the stock's 50-day moving average of $12.63 is greater than its 200-day moving average of $11.93. Penn National Gaming Inc.'s stock traded at a PE ratio of 32.38 and has an RSI of 53.62. Free in depth research on PENN is available at:

www.Investor-Edge.com/PENN-04Dec2014

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