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Strategies & Market Trends : Ask Vendit Off-Topic Questions -- Ignore unavailable to you. Want to Upgrade?


To: Spreck who wrote (783)7/22/2001 8:29:55 AM
From: Venditâ„¢  Respond to of 8752
 
PENN has a positive up trend underway. The Linear Regression channels I placed on this chart show you the upper and lower medium term targets so it looks like a buy in the $14-$15 area and a sell in the $23-$24 area.

angelfire.com

A closer view shows PENN kissed off the middle L/R line and formed a hammer candle on Friday. In many cases this candle shows you the short-term bottom.

angelfire.com

Main lower support is $16 3/16.

angelfire.com

JMHO