PENN Entertainment, Inc.
Long

PENN ready to make another run

PENN looking like it is about ready to go back on a run.

Support is holding around $98.50. Set your limit price here (should get at least one or more touches before the big moves back up)

I'm setting my stop-loss for $90.5. It could be as tight as $93, but I like to allow a bit more wiggle room for a more volatile stock like PENN.

Could easily make a quick play for the $110 (11%) or hold out for a bigger more aggressive play to run up to $147 (50%) - or possibly even $177 by the end of summer.

I have a feeling the Bull Market will keep on running until at least late September-Early October.

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