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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).  
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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!

$PENN

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(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

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This website is for information and illustrative purposes only. It is not, and should not be regarded as investment advice or as a recommendation to buy, sell and/or hold any securities mentioned.  All investments carry risk, there are no guarantees. Investors should consult with their advisers with respect to their investments.  Please read our full disclaimer here. 

CFTC RULE 4.41 – HYPOTHETICAL OR SIMULATED PERFORMANCE RESULTS HAVE CERTAIN LIMITATIONS. UNLIKE AN ACTUAL PERFORMANCE RECORD, SIMULATED RESULTS DO NOT REPRESENT ACTUAL TRADING. ALSO, SINCE THE TRADES HAVE NOT BEEN EXECUTED, THE RESULTS MAY HAVE UNDER-OR-OVER COMPENSATED FOR THE IMPACT, IF ANY, OF CERTAIN MARKET FACTORS, SUCH AS LACK OF LIQUIDITY. SIMULATED TRADING PROGRAMS IN GENERAL ARE ALSO SUBJECT TO THE FACT THAT THEY ARE DESIGNED WITH THE BENEFIT OF HINDSIGHT. NO REPRESENTATION IS BEING MADE THAT ANY ACCOUNT WILL OR IS LIKELY TO ACHIEVE PROFIT OR LOSSES SIMILAR TO THOSE SHOWN.

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