PENN Entertainment, Inc PENN

TradingNomadic Premium

Real nice inverse head and shoulders here on PENN. Trying to form a 3Bar play (bullish continuation candle stick pattern) Got a nice drive of bullish divergence on the lows, with the neckline sitting around 38$ Above that opens the door to about 50% upside with targets at 51 and 57 for the measured move

lauralea Pro Updated 

possible stop below c or where you see support. no recommendation

Empoweryourmind

This is just my basic MONTHLY charting. I have marked what I see as the POSSIBLE bottom (support). I see overall DOWNTREND. I have marked my potential BUY LEVELS for LONGS//CALLS.

rngdtg

$PENN D, PENN on the daily sitting on a critical pivot level. Saw a strong move today into it, potential bounce tomorrow or we break below again.

KennyTrades52 Pro

$PENN (Weekly & Daily) Short Term Outlook - Bullish PTs 37, 40, 44 Long Term Outlook (6-12 months) -Bullish Price Target --> $55-62

Erictaylor

Nibbling here for a trade on penn we are in a large channel area where resiatnce e is 35.30. This could not workout but I’m anticipating a breakout of 35.30. I’m setting buys here between 33.70-33.80. Stoploss will be set 33.10 so 60-70 cent risk. Seems worth it to attempt this play will target 38$.

UnknownUnicorn6190446

The end of the negative trend? The wedge shape seems to be broken, the movement of the indicators confirms the change. The exchange rate is looking for a direction. The next 5 waves emerging?

TraderMuajTiag

Penn National Gaming, Inc. is an operator of casinos and racetracks based in Wyomissing, Pennsylvania. It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also owns a 36% stake in Barstool Sports. In 2013, Penn completed the corporate spin-off of Gaming and Leisure Properties, a real estate...

Taco0o0o Premium Updated 

It appears that this current bounce could just be an exhaustion push back up near the ATH's to suck in uneducated retail traders into long positions. There is heavy resistance above, and bullish price action support has been broke. I wouldnt be surprised to watch Dave Portnoy attempting to shill this up to his following to desperately trying to save the stock...

rudcharts Pro Updated 

PENN PENN is currently in a downtrend since breaking down from 81 level. Price has now pulled back to 50 ema in form of a bear flag. On the pullback, price also rejecting resistance level at 51.65. On the last day of trading, price broke out and down from bear flag and the candle stick being an inverted hammer. This is my cue to enter trade. Entering trade...

Sunstorminvest

Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series Focus: Worldwide By Sun Storm Investment Research & NexGen Wealth Management Service A Profit & Solutions Strategy & Research Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures | USA |...

Champion-Vibe Premium

LONG-TERM: Major bullish shark with a double bottom at the PCZ , which lines up with pre-covid highs flipping into support, hidden bullish divergence on the daily, classic bullish divergence on the weekly, close to a falling wedge breakout. (not financial advice)

Essendy Pro+

Feels like it wants to test mid $20's before summer.

DefiJoth

Overall market is bearish, and PENN has been in a downtrend for a bit. I am expecting it to fill the gap at $30. The strong volume area also at that level should act as a magnet for price. The fact that price isn't free falling is actually pretty surprising considering how little volume has traded in this recent range.

rngdtg

PENN currently in a small range at resistance, previous support. I also see a mini double top to target the gap below.

seekingvalue69

support looks great, price has reacted pretty well. possible falling wedge breakout also

Erictaylor

Forming invers head and shoulders. Neckline 51.74 if we can pop that and hold above as new support we are looking at a large reversal setup. If we lose 49,70s and start flipping that to resiatnce id be looking down closer to 46s with a low of 37s. If this inverse head and shoulder pays out first tarhet would be 62. Howver clear resiatnce at 59ish. So first take...

Rexam Pro

Trendline brake and rejecting the high volume area. Entering on brake previous day low. First target 43 area Stop 48.66 Enter below 46.9 1.target 43.66