PENN Entertainment's 15min chart indicates Bollinger Bands Expanding Downward, Bearish Marubozu

PENN Entertainment's 15-minute chart has exhibited a downward trend, as evidenced by the expanding Bollinger Bands and the bearish Marubozu pattern that emerged on December 3, 2023 at 10:45. This suggests that sellers are currently driving market sentiment and may continue to exert control in the coming days. As such, it is likely that the bearish momentum observed in the market will persist.