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Is PENN signaling a buying opportunity? 20 Day Moving Average Support shows up after dropping 2.1%

Penn National Gaming, Inc. (PENN) — Nightly Technical Analysis · Sep 12, 2025, 17:35 ET
On Friday, September 12th, PENN moved down 2.1% while volume was to 0.8× the usual levels. The session formed a 20 DMA Support, often signaling a possible continuation. Key support levels exist at 19.39, 19.16 & 18.88, with resistance at 19.89, 20.17 & 20.4.

Current SwingTradeBot Technical Rating of PENN: D

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PENN Entertainment, Inc. (PENN)