PENN is at the bottom of the channel which matches up perfectly with the 200 EMA.
A bounce up from here is likely.
Breaking the 200 EMA would be a trend reversal.
Strong MACD histogram going into a bounce normally indicates a bounce.
A bounce up from here is likely.
Breaking the 200 EMA would be a trend reversal.
Strong MACD histogram going into a bounce normally indicates a bounce.
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