PENN is struggling to say the least and looks to be trading in a cup and handle pattern. Possible break out at 39.5 Short interest is fairly low. Earnings 8-6 BMO Stop is below the handle low or the mid cup level. The handle low has held so far. If I really like a stock and think it will go all the way, I go with my gut and get in at the handle low due to the support that can be there Targets: 52 61 67 Target 2: 82 to 92
This one is failing to break out after hitting a high of 40.14 recently. I am keeping an eye on it.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.