PCTY has also crossed below its bullish channel's support with high volume so it means the bull trend has ended. Probably it would go back to $98ish before continuing its move downward.
I guess I don't have any formal analysis to offer for this post, just trying it out. The basic idea is that PCTY has formed a cup and handle pattern over the last five months. The stock started to form a handle at $92.50 back on February 25th, as it dipped down in price. And while it may seem like the end of the line for growth for PCTY, the technical and...
PCTEL, Inc. (PCTEL) delivers telecom solutions. The Company operates in two segments: Connected Solutions and RF Solutions. The RF Solutions segment develops and provides test equipment, software and engineering services for wireless networks. The Connected Solutions segment designs and delivers antennas and site solutions for wireless networks globally. PCTEL antennas and site solutions support networks across the world, including Supervisory Control and Data Acquisition (SCADA) for oil, gas and utilities, fleet management, industrial operations, healthcare, small cell and network timing deployment, defense, public safety, education and broadband access. Its SeeGull flex scanning receivers are used around the world for indoor and drive test applications, including baseline testing, acceptance testing, spectrum clearing, troubleshooting and network optimization. PCTEL provides wireless network testing, commissioning, optimization, design, integration and consulting services.
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PCTI
