The PEAD projected a bullish outlook for $PTC after a positive under reaction following its earnings release placing the stock in drift A with an expected accuracy of 100%.
The PEAD projected a neutral outlook for $PTC after a Positive under reaction following its earnings release placing the stock in Drift A
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Hello traders, PTC is in a bullish momentum with a large volume of purchases issued and a trace of buyers. The TIMEFRAME M1 we see a panic with a strong sales volume past it is heading towards its low point to turn around. Great propability to go to the next higher (See TIMEFRAME H4). And if buyers really want to breakout the price arrived at the next high to test...
Recent resistance line broken.
Positive divergence shown on RSI.
Momentum based trade.
Could trail SL and set initial SL at 10 pips below 200EMA.
Peace & Love
PTC seems breaking down forming a H&S formation. However if H&S formation breaks down, in the long term it could breaks its Upward Channel formation,
So it has very good downside potential.
* Trade Criteria *
Date First Found- August 11, 2017
Pattern/Why- Long term upward channel
Entry Target Criteria- Break of $51.87
Exit Target Criteria- 1st Target...
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...
PTC was in our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & heading sharply to the negative side. We think it can decline as low as $44
* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry...
PTC was our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & head sharply to the negative side. We think it can decline as low as $44
* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry Target...
