SamSuka
The Long Investor
The Long Investor

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$PENN - RC -

$PENN continues to work its way through the wedge here and it is fair to see that it is keeping it very strict within the wedge too which may not be a bad sign.

The bad sign is that the price has not been able to hold our blue support line so there is weakness and I expect the price to continue down to the yellow trend line again for potential support.

It is absolutely vital that this level is held at $22....any loss of the wedge support line and this is certainly in trouble and could go a lot lower.

$PENN - RC -

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