PENN - trade idea
PENN is another stock being added to the SP500. short term looks like we can see a pull back. As can be seen the chart is all over the place but its been choppy the past few weeks. Im expecting some short term downside but the longer timelines show bullish sentiment in my opinion.
I expect a pull back slightly this week with longer term upside, I would estimate that PENN will pull back to the 0.5 level (118.86) and then turning around to continue higher.
Short term meaning one-two hour charts.
Always do your own analysis prior to taking any trade
this is for educational purposes and not investment advice.
I expect a pull back slightly this week with longer term upside, I would estimate that PENN will pull back to the 0.5 level (118.86) and then turning around to continue higher.
Short term meaning one-two hour charts.
Always do your own analysis prior to taking any trade
this is for educational purposes and not investment advice.
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