PENN Bearish To Bullish?
penn has been making lower lows through time but has made falling wedge. The 150 SMA is like a resistance to the price and I think that when we will Break the 150 Ma and the red box we can go up to 96 precent (if we close the gap and touch the Fibonacci retracement) the Fib levels are exactly in place to make that technical analysis perfect!
Warning: most of the annalists say "HOLD" for me hold means sell in different words so I would be on hold for that trade.
Warning: most of the annalists say "HOLD" for me hold means sell in different words so I would be on hold for that trade.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.