Today I've been watching PTI since before 5:30 am. I've seen it going up to the high level of $3.58, then going down to $3, contemplated if I should buy some position in the premarket around $3.10 (and I didn't). Later I watched it breaking the previous high of $3.60, almost bought them at 8:11 (my order was lower by a few cents than the down spike), then kept ...
Price been moving base on support and resistance and Fib levels
and we also have a obvious ABCDE pattern.
Ignore the short callers while this is where they need to BUY their shorts to take profit
SO you need to be a SELLER for them to take profit.
Adding to my long around 4.80 zone ( with a nice buy signal)
Lockup expiration coming on 8/9. = possible overhead pressure. Net income -24 mil...worth trailing for a possible short if available. Currently a H&S formation. Do your own due diligence. This is just a heads up. Has a way to go to get to IPO price. It's good to trail these well ahead of the lockup expiration. Often the pop and drop is well ahead of the actual ...