PENN Entertainment (PENN) Recently Broke Out Above the 200-Day Moving Average

PENN could be on the verge of another rally after moving 5.2% higher over the last four weeks. Plus, the company is currently a Zacks Rank #3 (Hold) stock. Investors should think about putting PENN on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions. Looking at PENN's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 5 higher compared to none lower for the current fiscal year, and the conse ...