PTC
PTC (BSE) - Great Potential for Next TargetGreetings
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Analysis
PTC (BSE) - Great Potential for Next Target
PPT Is Looking Very BullishFrom a long term investment, PPT is setting up nicely.
A higher low will confirm a new short term uptrend.
Watching volume.
Idea only, not trade advice.
PTC India LTDThe share price of PTC Ltd has retraced to the monthly trend line and has shown signs of possible reversal on the trend line. The RSI and the Stochastic Indicators are also showing the price to be on oversold levels. The next resistance for this share is the 130 price range which is the previous high of 2017. The price did also revert at this resistance zone in the end of 2010. So this is a strong resistance zone, so if the bulls manage to break this resistance, the next level would be the 1.618 Fib zone.
PTC/BTC analysisPTC looks like it is in a big dip now. Possibility to going up and continuing uptrend is high. You can buy now or wait for its movements.
StopLoss: -5%
PTC Might have low volume but the up trend is looking goodThis coin is not talked about a lot.Have really low volume and that's always a bit risky in my opinion. I think the entry price here is really good and in the long term if the trend continues we will enjoy nice profits. It might go down a bit but I don't think that if it happens you should panic sale it but hold it for a while. There is a good opportunity that once it get some of the right eyes on it we will see a bigger uptrend in the next few days.
Would love to hear more of your feedback about this one?
PTCBTCU bottom repeat.
We can get an enter at 850.
1sr target : 1000
2nd target : 1200 and more if possible (keep 1200 as take profit)
I advice you 5% maximum of your bankroll.
PTC - H&S & channel breakdown short from $51.87 to $44.37PTC 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.)
PTC- Upward channel breakdown short from $52.44 to $44.13 PTC seems breaking down from Long term upward channel. Moneyflow also broken down to the negative side. We think it can decline as low as $44 area. We would also consider $52.50 July-17 Puts, last traded for $2.30
* Trade Criteria *
Date First Found- May , 2017
Pattern/Why- Upward channel breakdown short.
Entry Target Criteria- Break of $51.43 or Rally to $52.44
Exit Target Criteria- $44.13
Stop Loss Criteria- $54.13
Please check back for Trade updates. (Note: Trade update is little delayed here.)