#011 | US Stocks
The complete idea behind this newsletter is not to make you think of it as a ‘get rich quick scheme’. If you’re reading this, you have already gone through the description and the disclaimer in detail.
Also, this is the effort of multiple stakeholders involved with Alpha Swing. My job is to hit send.
Penn National Gaming
Penn has been taking support at 20 EMA from a long time. This is supported by Volume Shelf too.
It has finally broken out of this trendline too.
In the weekly charts, Teck resources has managed to break out from the long term trendline.
This is also supported with volume shelf.
This adds to our bullish bias. Let’s now take a look at the daily charts.
In the daily charts, it has managed to break out of the marked region wherein it had been consolidating for quite some time.
This is also supported by volume shelf adding to our bullish bias.
(Volume Shelf is an exclusive feature available only on Trendspider.)