Building to go higher?
Something to watch over the coming days. Waiting for a break out above 33 to confirm. Target around 36.
Note
As long as PENN closes above 30, the bull flag is still in play. Watch for a break lower to invalidate this idea. Closing hourly above 33 should trigger a break higher.Trade active
Looks like we broke out this morning. Expect resistance off 37.60 where some front runners might be. If the bounce is sharp I'll exit the trade.Trade closed: target reached
Hit my target and took profits the other day.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.