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 $48.13, 2nd Target $44.37
Stop Loss Criteria- $53.87
Please check back for Trade updates. (Note: Trade update is little delayed here.)
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 $48.13, 2nd Target $44.37
Stop Loss Criteria- $53.87
Please check back for Trade updates. (Note: Trade update is little delayed here.)
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Like what you see? Get full access to our 3X daily members only video/txt alerts & live trading room at smartmoneytrading.com/now
Check out some of our free video examples @ smartmoneytrading.com/insights/
Check out some of our free video examples @ smartmoneytrading.com/insights/
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.