Looks like we are entering the 3rd wave of the silver run and it should take us back up to mid-thirties before the end of the summer. Wave 5 looks like it will land somewhere just short of $50/ounce although momentum may well carry it past that point. It is certainly overdue given the run of the other commodities as of late (Lumber, Corn, Oil, etc.) Not to mention...
PENN looking like it is about ready to go back on a run.
Support is holding around $98.50. Set your limit price here (should get at least one or more touches before the big moves back up)
I'm setting my stop-loss for $90.5. It could be as tight as $93, but I like to allow a bit more wiggle room for a more volatile stock like PENN.
Could easily make a quick play...
