LeLaf

PTEN: Ascending Triangle, confirmed

Long
NASDAQ:PTEN   Patterson-UTI Energy, Inc.
Ascending triangle, confirmed
Pros:
Descending volume during formation
Volume increase at break out
Golden cross in blue
PPS above 50MA and 200MA
RS above 0, but barely ascending
ATR Ascending
R/R ratio above 6
250RSI above 50
200MA ascending

Target:
PT = 9.96$

Help how ever you can to keep this alive.
Thank you to those who have donated Coins!
Stay Humble, have fun, make money!
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.