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we have left shoulder we have the head we have the neck
now if we stay above $2 we will have right shoulder
the possible zone is Fib levels
PTI technical review
WITH A TIGHT STOP LOSS... YES YOU CAN! ;)
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)
Get it now before this breaks the $12 R-line. Momo IPO will move fast.
High and tight for this IPO. $12 the breakout pivot.
If rolling over here this could be the best short of next week.
Coming into R here...watching.
Fast mover, low float, IPO. Can go to 15.50 on the breakout.
Lockup expiration coming on 8/9. = possible overhead pressure. Net income -24 mil...worth trailing for a possible short if available. Currently a H&S formation. Do your own due diligence. This is just a heads up. Has a way to go to get to IPO price. It's good to trail these well ahead of the lockup expiration. Often the pop and drop is well ahead of the actual ...
After a correction with a triangular pattern now we can observe a breakout to the upside. The target could be a measured move applied to the breakout point or the previous spike around 14$.