PBCT Ascending Triangle

9 Mar 2018

PBCT been making a slow rising triangle and retesting the top level at 20.15 for the 3rd time now on good volume. Closed today right on it so if come monday we see a gap above, it could make a very nice move all day. Last it was at this level was 2008 where it had some strange action. It gapped above this level and then the next day gapped right back down below it. But at the same time 20.15 was still acting as significant resistance. Very interested to see what will happen here.

12 Mar 2018

Not

Poked through today, came back and closed below 20.15