PEEN formed the "Cup and Handle" pattern without confirmation but the small wedge formed will be the driving force for the price to confirm and exceed $ 42, I split buy PENN in two times, now buy 50% and when exceeding $ 42 will buy 50% more. Buy 1 : $33.50 (50%) Buy 2 : $42 (50%) Target : $67 +-2 Stop loss : 8% . Wish you good deals!
My buy zone and target for Penn National Gaming. If $PENN can hold my buy zone i belive we could see $PENN at the $50 soon. (Not financial advice)
I WOULD GO SHORT UNDER 70. OR YOU CAN WAIT FOR 67.42. IF WYNN BREAKS UNDER 67.54 IT SHOULD SELL OFF.
What i think $PENN will do in the upcoming days (Not financial advice)
$PENN Bearish Descending Triangle 10%-15% Downside Monitor for break below $28.00 support Near term target: $24-$26 range
WAIT FOR 39 OR 40 TO GO LONG ON THIS. PENN NEEDS TO HOLD 27. **The United States has broken its single-day record for new coronavirus cases, with more than 70,000 infections reported today, according to a tally by NBC News. Official confirmation from the CDC Many bars are closing again. It's possible casinos can be next. So be careful if you're long on this.
Sideways Consolidation for a couple of weeks now. Target 1 around $36.50 (Fib1 length) Target 2 $40. Recent NASDAQ:PENN Deal done with Barstool Sports for online sports betting. 7/23 earnings date
NASDAQ:PENN We have a potential massively bullish play here. If it can close above $38 soon then we could see a massive run! I'm anxiously waiting to see if it will confirm. If it takes too long then it won't be valid.
Penn National Gaming (PENN) has been a great mover in the past few months going from mid-March lows of around $4 all the way up to $40. Since then, PENN has been in a nice consolidation with a good resistance around 27.50. PENN has formed a nice falling wedge chart pattern over the past 10 days, and could look for an upward breakout out of the pattern. With a...