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DefiJoth

PENN Going to $30 to Fill the Gap

Short
PENN Entertainment, Inc. (NASDAQ:PENN)  
DefiJoth  
NASDAQ:PENN   PENN Entertainment, Inc.
Trend Analysis Support and Resistance Supply and Demand volumeanalysis Monthly Charts Weekly Charts gapfill Contains image
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trendanalysis supportandresistance supplyanddemand volumeanalysis monthly weekly gapfill containsimage
Overall market is bearish, and PENN has been in a downtrend for a bit. I am expecting it to fill the gap at $30.
The strong volume area also at that level should act as a magnet for price. The fact that price isn't free falling is actually pretty surprising considering how little volume has traded in this recent range.
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