PTC seems breaking down from Long term upward channel. Moneyflow also broken down to the negative side. We think it can decline as low as $44 area. We would also consider $52.50 July-17 Puts, last traded for $2.30
* Trade Criteria * Date First Found- May , 2017 Pattern/Why- Upward channel breakdown short. Entry Target Criteria- Break of $51.43 or Rally to $52.44 Exit Target Criteria- $44.13 Stop Loss Criteria- $54.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)