Been awhile since I've looked at this one but its looking good over previous high. minimum target is 112 and 159 would be in top range for this. Micro started to outpace larger degree it appears. want it to stay above ~$80 now
PENN confirmed pattern " SHS price increase ", target is pattern height, area: $100. Penn buy : $78 Penn target : $100 Stop loss : 10% Wish you a good deal! Please note that I work mainly on twitter
Penn National Gaming trading in a broadening bullish channel. NASDAQ:PENN
Based off my previous DKNG chart, DKNG is pushing up towards the 55’s. I think with the impending 2nd lockdown coming, DKNG has a chance to have another bull run. Around the 3rd week of March when the national lockdowns began, we can see in the purple shaded rectangle, the lockdown seemed to serve as a catalyst in a bull run. As we also saw in August in the pink...
As long as $PENN stays above $59.00 I remain bullish
Penn looks to be continuing downtrend in the near future. Sports seem to be pushing forward even as cases rise. In personal gambling may still struggle for now but keep an eye out for the MACD line to break signal in the next few weeks. Penn should bounce back. Barstool relationship is strong and market area will continue to grow longterm.
I didn't see any ideas for PENN this week so here is what I have. PENN along with DKNG have been on a downtrend and are looking to bounce or head down even lower. I have PENN bouncing at the $62-$62.50 area. If it does not then we can head down to the $50 range. Also a buy signal was issued which when confirmed on Monday-Tuesday will be the bullish reversal...
ER 10/29 The last reported ($1.69) earnings per share (EPS) for the quarter, beat the consensus estimate of ($2.06) by $0.37. Analysts have this ER at Low :($0.45) High: $0.50 Average :$0.03 This should pick up momentum soon and be a good play into ER.
DKNG 15 MIN DKNG forming a head and shoulders looking to bleed more! News came out that several NFL players have already tested positive but I don't see it stopping DKNG that much or NFL in general, but I'm still waiting for DKNG to pull back to 51 (.618 retrace on the daily) to start scaling in for some monthly swings. Keep in mind we have a gap down at 53 and...
Dave Portnoy $PENN stock is in for a correction .
My buy zone and target for $PENN. (Not financial advice)
Over a week ago, PENN rallied above its previous resistance around 40 and began trading in between this channel. Throughout Friday and Monday, PENN hit the resistance level at the 53s, but finally broke through the ascending triangle and is now trading above it, making the 53 a resistance level to watch out for. A break of the Anchored VWAP should be on watch, as...
I WOULD GO LONG OVER 3200 FOR A MOVE UP TO 3250. OVER 3250 IS THE BIGGER BREAKOUT LEVEL. TRADE IDEA: 3300C 8/21