PENN NATIONAL GAMING INC

PENN NASDAQ

nur16i

Penn National Gaming. I trade it for the third time, the paper plays the patterns well. There is a breakdown of the big triangle and the achievement of the target of 139 dollars. I will enter the purchase of papers.

CCInvesting

$PENN with a nice bounce right off the volume shelf there. Could be a good place to jump in.

WadeYendall

If you have seen my previous 3 FIB Method posts you would know that I use fibs to define trend, identify key areas of resistance and support as well as predict price movement. In this post I have tried to detail how I use fibs to trigger entries and define risk. Most of method in this section is based around the 618 FIB (golden ratio). In the simplest...

Vibranium_Capital

its ready to break this very tight trend channel and test 130 next week in my opinion. dkng looks good too may add some leaps on that one soon. goodluck :)

cryptokaleo

I picked up some 3/19 $120 $PENN calls. - I back @stoolpresidente . He's on our side. I'm on his. - In this market, this company is still undervalued. Sports gambling is one of the fastest growing industries, and it'll show in earnings. - Superbowl hype. - It only goes up.

ZeusTradingInvestments

Rationale: Bullish engulfing pattern on the Daily chart off the 111.00 support. Also the 1hr chart just broke the downward trend line. ***This is my personal opinion. Follow at your own risk.***

Vibranium_Capital

very nice bounce off the bottom trendline support, lots of bullish flow on the options Friday and held gains all day on a friday! , looking for a gap over this top trendline resistance and a test of 130 soon. goodluck! :)

bajiute

After Cain's guidance, I analyzed several historical backtest and found the resistance point should be near the 20-day moving average line. We should buy at ER low, and the ER hi is the first resistance.

bajiute

After the guidance of the class leader, several historical backtest, should be near the 20-day SMA is a resistance point And buy at ER low, ER hi is the first resistance

Pmozzillo

You can buy the stock at the rebound of the 20 EMA Strong leader in its sector NASDAQ:PENN

Momentum-Trader

Long

ContraryTrader

Penn has earnings coming up tomorrow. right now its trading in a rising wedge pattern which is a bearish pattern with a possible cliff fall out come. Earnings could change this trajectory with a breakout through channel top At 114. I place targets for both possible outcomes . Mac D is converging RSI has room to run MFI has room

sheehanm4

PENN has had a ton of momentum powered by the barstool synergy and over all bullish sentiment of Sports Gambling growth and expansion. The likely retracement to 50% level as that has been seen before this year creates an opportunity for those who want to get in on the trade and momentum at a discount.

MythicalTrading

Entry based on SSL cross, KijuSen and Retracement

PlanTradePlanMM

RSI divergence EMA20 Bollinger Band Upper band There might be a consolidation between 90 and 110. Sell Iron Condor -- limit 6.2 (Credit) SellToOpen Mar Call Spread C110/120 SellToOpen Mar Put Spread C80/90 Get Theta 2.34 per day $10 range, max profit 6.2, max risk 3.8, Reward:risk= 1.63:1

burtnette

A quick 25% move to $132 would NOT surprise me here.

ContraryTrader

Weekly channel of Penn which was a bearish rising wedge has flipped with good news on sports gambling. 103$ is channel breakout .. 115 greenline is next Fib target