Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
10/12 PENN Bounce
PENN Entertainment, Inc.
10/12 PENN Bounce
By Bye_Shai
Follow
Follow
Updated
Oct 16, 2020
2
2
2
Oct 12, 2020
I didn't see any ideas for PENN this week so here is what I have.
PENN along with DKNG have been on a downtrend and are looking to bounce or head down even lower.
I have PENN bouncing at the $62-$62.50 area. If it does not then we can head down to the $50 range.
Also a buy signal was issued which when confirmed on Monday-Tuesday will be the bullish reversal some of you have been looking for.
Comments and Criticisms always welcome
Oct 16, 2020
Note
looks like PENN did exactly that if we dont hold over $70 we will head down again.
Chart Patterns
downtrend
PENN
reversalpattern
Trend Analysis
Bye_Shai
Follow
Disclaimer
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
.