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Is PENN signaling a buying opportunity? 50 Day Moving Average Support shows up after a relatively flat session
On Friday, July 31st, PENN moved up 0.07% while volume was to 0.8× the usual levels. consolidation patterns formed: Bollinger Band Squeeze and Three Weeks Tight, suggesting a potential continuation after price stabilization. Key support levels exist at 20.25, 19.97 & 19.73, with resistance at 20.78, 21.02 & 21.3.
Current SwingTradeBot Technical Rating of PENN: A
Just a sneak peek — check SwingTradeBot.com for the full story on PENN.
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