Empire Resorts is in a strong down-trend, and it has bounced into three forms of resistance: * The 4-year moving average (shown as the dark-blue line). * The 2-year moving average (shown as the light-blue line). * The 38.2% Fibonacci level (shown as the red line).
If NYNY falls at this point, it is likely to head to new lows over the next 5 years.