Penn National Gaming, Inc PENN

lauralea

Head and shoulders. I am not thinking tis will go to 11 but plan to watch/when it starts to move up I will re-evaluate. No recommendation/

lauralea

PENN is in a strong downtrend. Be safe. No recommendation

anjeltrade

PENN went into new highs now back to the Covid lows. IF the current levels doesnt hold at 42 it could very well be slipping down to $32 zone for any reasonable consolidation to happen Lucky if you can have short term bounce if mkt allows to get you an exit

MarketMiracleAdvisor

The policy of cohabitation with the covid has allowed betting rooms and casino reopening, The Americans therefore want to gamble. Return also the investors on the Stock, it seems there is a consistent increase of the positions LONG from the professional investors while the Institutional ones constantly reduce their positions SHORT in view of a passage LONG...

Vibranium_Capital

a couple outcomes here, today it was rejected at local resistance.. so we either dip and retest recent previous trend resistance then bounce. Or we break 53.71 in the next few weeks and rally to 62.42. like and follow for more 💘

SPYvsGME

I was following the x4 OPEX closely last week because options are the market. The amount of QE liquidity in options over the past 2yrs has been distorting this bull trend for 2 yrs but also causes predicable dips during OPEX. ...

chart_dude

Support coming up. Head and shoulders top from $PEN..........

aniHotmail

We can see the giant Inverted Head and Shoulders on the daily chart, which is now further stretched down to $45. I think this fall is enough, to confirm major long term downtrend, unless the trend reverses and holds above $87, which seems far away from the current price.

lauralea

Maybe set some stops. Life does not always turn out the way we want it to. 0; Possible crab/If short, then stop above the neckline which has been broken may suffice which is 61.02

blackmountain

$PENN hitting the -2bottom Murrey line signaling extreme oversold conditions, this will reverse anytime.

Erictaylor

Tight stops below. Last suppor before a big fall. Also could be a great risk to reward

Rykin_Capital

And that means Wave C is confirmed on some level. Wave C or Y of a more complex WXY type pattern. It is unclear which it is at this stage, as it is only early day of the last leg, but it does not matter as both scenarios are bearish. We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci...

hoodchef

Penn has experienced a substantial drop in share price due to a correlated attack from Business Insider against CEO David Portnoy being released the same day as an earnings miss. The CEO of Business Insider is barred from ever trading securities again in the United States derived from a history of insider trading. Penn Is a large player in the Casino industry and...

Tweezer_Karanam

PEN - Rejected at ascending top channel- It will touch the bottom of the channel .

jjmatsjr

Educational Study plus some Prediction magic. Curious to see price actions reaction to those Doji's

jjmatsjr

Looking for PENN to respect this long term trendline after a period of horizontal congestion.

PlanTradePlanMM

Trendline break Entry 78 Stop 69 Target 110 Risk management is much more important than a good entry point. The max Risk of each plan should be less than 1% of an account. I am not a PRO trader. I trade option to test my trading plan with small cost.

Tweezer_Karanam

PENN : Broke the symmetric triangle. Flow is bullish on follow through day MACD : Bullish