SHORT PTC - complex head and shoulders short from $54.3 to $44.1

24 Mar 2017

PTC was in our intraday text alert, sent to our subscribers. It seems Breaking down a complex Head & shoulder formation. Moneyflow also diverging & heading sharply to the negative side. We think it can decline as low as $44

* Trade Criteria *
Date First Found- March 23, 2017 (Sent through our intraday text alert)
Pattern/Why- complex head and shoulders
Entry Target Criteria- break below $54.03
Exit Target Criteria- Target 1 $44.13
Stop Loss Criteria- $55.13

Please check back for Trade updates. (Note: Trade update is little delayed here.)

You can check detailed analysis on -- in the trading room/ Executive summary link here-
youtube.com/watch?v=rqvEdS4G8xw
Time Span- "

4 Nis 2017

İşlem aktif

March 23rd- hit our entry zone criteria and this is looking awesome

4 Nis 2017

Not

March 31st - Declined a bit but bounced off from the lower channel line, and holding the channel formation. We would like to see a breakdown of the channel formation.

13 Nis 2017

Not

April 11th- Bounced off from its SMA100, however holding below updated stop loss criteria.