PENN Entertainment, Inc.
לונג

Inverse head and Shoulders?

197
The way Draftkings has a hold on the gambling and daily fantasy market with constant positive headlines, PENN seems to have moved too high for its own good. I would love to short this stock, but I think that would be a mistake. The key here is Barstool Sports and their original content. This is more than a gaming stock, this is a media play as well. I think this has a chance to break $80 in the coming weeks as long as the market will let it and sports continue to be played in a regular manner.

I have been long since $9.66 and do not plan on selling any time soon.

כתב ויתור

המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.