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.)
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