Top Bears Reasons To Sell — Vote below!

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Company: Penn National Gaming (PENN)
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  Stock has broken the averages and is in a downtrend.

PENN has broken support at $39, and is below both the 50-day and the 200-day moving averages which is a bearish sign.

While institutional investors are still heavily invested in the stock, they are slowly selling off which is having a negative effect on the stock.

Further, the Relative Strength Index (RSI) which compares the stock to others has been decreasing which means that the stock is no longer a leader, but has become a weaker stock.

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