đź’ˇPenn National Gaming [Ticker: PENN] is slowing building up a trading opportunity that you cannot afford to miss. Wall Street’s best leading indicator flashes and we decided to record a video to explain the step by step and share with our YouTube audience ‘how’ to measure your risk to ride this stock as high as +96.43%.
đź“ŠTrading Scenario
đź“ŚPenn National Gaming (PENN) has two company insiders buying $427K worth of stock; Why are they doing that in May?
đź“ŚPenn National Gaming stock traded as low as $18.40 in May and suddenly price reversed above the $20 mark. Also, let us not forget, the stock is above the 50-EMA and 61.8% Fibonacci retracement when looking at the monthly chart.
đź“ŚPenn National Gaming is North America’s largest gaming operator. The stock has returned an outstanding +1290% since October 2018′ lows at $2.67.