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...