PENN jumped 37X from the March 2020 lows, then made a full fibonacci retracement and found support around $60.
The ADX just turned down, the RSI just crossed above 50, and the the stock is now above the 50sma, so we now have an opportunity to get in early on a new bull move.
Ultimate longterm target could be just under $200. Will it happen?
No comments:
Post a Comment