PENN is struggling to say the least and looks to be trading in a cup and handle pattern. Possible break out at 39.5
Short interest is fairly low. Earnings 8-6 BMO
Stop is below the handle low or the mid cup level. The handle low has held so far.
If I really like a stock and think it will go all the way, I go with my gut and get in at the handle low due to the support that can be there
Targets: 52 61 67
Target 2: 82 to 92
This one is failing to break out after hitting a high of 40.14 recently. I am keeping an eye on it.
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