PENN Entertainment Is a Speculative Buy (Technical Analysis)

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Analyst Disclosure: We do not have/we do not have shares, options or similar derivative positions in any of the companies mentioned, but we can initiate a beneficial long position by purchasing shares or purchasing call options or similar derivatives in PENN within the next 72 hours. I wrote this article myself and it expresses my own opinions. I receive no compensation for this (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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