PENN Bullish Shark, Backtesting Critical Support & IHS neckline

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PENN Entertainment, Inc. (NASDAQ:PENN)

NASDAQ:PENN PENN Entertainment, Inc.

sharkpattern supportandresistance headandshoulders ihs divergence

Bullish Shark Harmonic pattern on PENN. Currently appears to be backtesting a critical support line near $73.36, also finding support at the 50D SMA. Line also happens to be the neckline of an Inverse Head and Shoulders pattern which had previously broken out. Potential Triple Hidden Bullish Divergence in development on the MACD.