Get started

Gaming

BUY PENN around the $70-75 range for a move up to $105!Penn National Gaming, Inc. is an American operator of casinos and racetracks, based in Wyomissing, Pennsylvania. It operates 44 facilities in the United States and Canada, many of them under the Hollywood Casino brand. The company also controls a 36% stake in Barstool Sports. With the US consumers sitting on over $5.4 trillion of additional savings as a result of the COVID-19 pandemic we believe that Penn National Gaming will benefit from the large consumer spending spree that we expect to sweep the US in the second half of 2021. In addition to that, people who like to bet on various sporting or racing events were severely limited in terms of betting options throughout the last 12-16 months. With things slowly but surely going back to normal despite the new highly contagious Delta variant, we believe that Penn National Gaming is uniquely positioned and will likely see strong revenue and earnings numbers in Q3 and Q4. Last but not least, let's not forget that Barstool Sports is basically a digital content producing company focused exclusively on sports. Thus, with the return of the NFL pre-season starting in August and the actual season in September, Barstool will be a strong driving force for Penn National Gaming's stock moving forward. Lastly, we should also point out that Barstool Sports launched the Barstool Sportsbook back in September, 2020 which is basically a betting app, and handled over $11 million in wagers during its first week of operations! It definitely seems that the stars are aligning almost perfectly for PENN and as a result of that we believe that the stock will be trading above the $100 mark by mid-September latest. From a technical standpoint the chart also shows the presence of a strong bullish interest around the $70 level. All major daily indicators including the Stochastics, RSI, MACD and Bollinger Bands are also pointing to a strong reversal in play. Our targets for the 8-10 weeks will be $105 and $120 respectively. Good luck guys and remember to always do your own research as well!
NASDAQ:PENNLong
by DowExperts
RBLX back to retest 100! RBLX Daily TF Roblox on discount, as price continues to drop due to a decline in active users. After a massive rally to ATH its only right we see a pullback before the rocket takes off again. Has a bit more room for a golden retracement to .618 level (76.96). Wouldn't jump the gun on calls just yet unless downtrend is broken which signals reversal or we get a dip to 76 level. Targets: 90, 103, 117 Trade idea: 76-80 scale in month out calls atm/otm, full entry on the breakout of downtrend Shares - safer option as well
NYSE:RBLX
by jUiCE_Trades
2
Will Fans...Unite?FANS back at historic resistance from a few weeks ago. With the murmurs of excitement in esports, looks like things are picking back up from related names. The biggest question is will the momo keep going or does it fail at resistance again? Still really light on the newsflow so could just be sympathy sentiment driving momentum. "FansUnite has also achieved several fundamental milestones in the last few months. Namely, the company entered a brand partnership with Cash Live Inc. The goal of this deal is to launch FansUnite branded live games on the Cash Live mobile app. The company already has a minority interest in Cash Live, which offers a free-to-play gaming app designed for mobile devices. The tech start-up has a poker and social casino game show platform with daily live-streamed shows paying out real cash to winners." Quote Source: 4 Hot Penny Stocks To Watch Today Ahead Of Esports Industry Growth
F
by PennyStocks101
Angler Gaming Long 01/06/21Angler Gaming is a company that has had a fantastic year both in price action and fundamentally. It has now created a harmonic pattern that suggest a increase of approximately 115%. This target is resonable since the company has a fairly low valuation compared to the huge successes it has made. The big price action upwards from the important support level around 26 SEK indicates strength and further rise. The fibonaci levels on the chart are good levels to sell/buy but the long-term target is still around 56,75 SEK. My sell stop loss is 25,75 SEK, a price action that breaks that level suggest a further pullback. What are your thoughts?
NGM:ANGLLong
by swedish_viking
2
THETA/USDT: Finally a pullback for a new entry.THETA was amongst the best performing coins considering the last 12 months. Finally we see some pullback for new entry opportunities. The upwards moving trendline did act very well as support so far. As gaming and streaming will become bigger and bigger also THETA is likely to increase in value. Basic rules: - Never buy the top/ATH - Take profit as long as you can (also partial profit is profit) - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. We would love it if you could share your thoughts in the comments. Discussions are very welcome here. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. - White lines are Fibonacci retracement levels Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
$PENN LONG - First Target $110.00 PENN Gaming reversing from an oversold area looking to bounce off its 200 day moving average, in my opinion $80 is a fair price for a swing towards $110 near term. Not only is this respecting its support line near $75, but its trendline since August of last year. $110 is a conservative target, considering its trading range near $140 in March. Negative MACD value at these levels can give this reversal a lot of momentum to the upside if the market agrees with pushing this higher
NASDAQ:PENNLong
by chartxzy
2
THETA/USDT Update: New entry finally triggered. What's next?THETA is one of the best performing coins over the last year. We finally see some retracement and possible entries. The streaming industry won't back down and theta is currently the leader in the crypto space in this business. Short term it is unclear where we are heading since we also have bigger potential for more downwards movement. Basic rules: - Never buy the top/ATH - Take profit as long as you can - Use Stop/loss for leveraged positions - If you are not experienced, don't leverage in the first place Enjoy the ride and don't be too greedy. If you like the content, please like, comment and give this channel a follow. Always do your own research and keep in mind that my charts and comments cannot be considered financial advice. Cheers ps. Chart explanation: Main lines: - Green lines are tested support lines. - Orange lines are resistance lines or, if we are above, possible support lines which were not tested yet. - Cyan line is for volume trendline. Helplines: - Purple lines are trendlines we take a look at. - Yellow lines are for visual help only. Boxes: - Either entry zone or support zone. Check the description.
by tumbler55
2