CASE STUDY 6
Another one! This is our 6th (7) case study and to date; all, with the exception of Tesla (still believe in that story); have provided traders with decent sized returns. Premium members have made well over 50% on just about all these trades (if they held on).
Today; I am presenting you with another trade idea.
I will admit, this was a purely technical play. That is, the chart offered one of my favorite set-ups to trade. Uptrend with healthy consolidations.
When I first informed premium members of this trade, the stock was trading around $17-$18 (which represented an ideal entry).
Right now, the stock seems poised to make another move up.
Today; I am presenting you with another trade idea.
I will admit, this was a purely technical play. That is, the chart offered one of my favorite set-ups to trade. Uptrend with healthy consolidations.
When I first informed premium members of this trade, the stock was trading around $17-$18 (which represented an ideal entry).
Right now, the stock seems poised to make another move up.
Look at the chart below to see why I am bullish. So far premium members are up over 45% on this trade and I do believe this stock can appreciate another 20%.
It's important to note earnings is slated for 10.26.17. Trade Safely!
It's important to note earnings is slated for 10.26.17. Trade Safely!
$PENN
(click image to enlarge)
If you missed our first four case studies, click here and click here , Case Study 3 , Case Study 4 and Case Study 5