PRTS spent a long time consolidating and actually pushed itself out of the upward channel it created on the way up. It's now made a retracement into the channel and it is close to touching the upper line. Note that it had broken out above the main channel before creating the bull pennant.
Interesting to note was that during the recent overall market corrections on June 15 and June 29 that is didn't move to much to the down side.
Note
Now have Resistance above at 11.73 and some minor support at 11.40 & 10.87Note
Top of the main channel in Red is at roughly $12 as of Monday open. After hours trading on Friday took it to 11.74 again.
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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.