PENN NATIONAL GAMING INC

22 May 2020

Hey, traders.
Cherry on the cake for those who love and understand how to trade false breakouts.
Let's look at the chart.
After the fall, the paper practically bought it back.
From 14.05.2020 there was an unbridled growth.
Think about it: 6 days of growth by 85%! And there's no pullback.
We have a strong short level ahead of us, formed by the upper limit of the pullback in a downtrend.
By the way, the level is confirmed several times.
It approached the level at big bars.

If you know how to trade a false break-down, go ahead.

22 May 2020

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