Take a look at this stock - The 4 Hour just completed a Head & Shoulder correction at about $70.86 - The correction indicates a drop to about $63.35 which will trigger a larger Head & Shoulder correction down to about $49.85 (200 MA)... Take a look and decide for yourselves. If this plays out then it may be an indication of an overall market correction.
Comment:
Update: I'm looking for PENN to hit $64 tomorrow. If so, the new price target is $53 but may hang out around $58-$60; until support meets the target price.
