PENN- Downward channel breakout trade from $14.3 to $16 & higherPENN also running within a downward channel. Recently It is showing strong upward momentum, seems it is just breaking out. Moneyflow is also very good in positive side.
Trade Criteria
Entry Target Criteria- break of $14.29
Exit Target Criteria- First Target- $16.27; Second target- Momentum
Stop Loss Criteria- $13.47
You can check our detailed analysis on PENN in the trading room/ Executive summary link here-
www.youtube.com
Time Span- 7:35"
Trade Status: Pending