Tornado_Trading

Bullish div PENN weekly and false break on daily

Long
NASDAQ:PENN   PENN Entertainment, Inc
Weekly

Bullish div on MACD-H and EFI . We do see 4 EFI diverging locally in the latest decline.sRSI is about to to a strong degree it seems, and might tick up.



Daily:
FB and 1st HL, impulse green. Might possibly start a new uptrend and fullfilling the weely setup


"Entry: around 44

TP1: 57,14
TP2: 62,9


R/R Ratio
Comment: Trade: 2022 # 001