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Tornado_Trading
Jan 31, 2022 2:26 PM

Bullish div PENN weekly and false break on daily Long

PENN Entertainment, Inc.NASDAQ

Description

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
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