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Pernix Therapeutics Holdings - PTX - Symmetrical Triangle

A nearly perfect symmetrical triangle... look for a strong breakout!
This is published for newer traders to learn basic concept, unfortunately for some odd reason I was not able to publish in its original 5 minute time-frame. Please refer to "Related Ideas" Link at bottom of description for original work.
Symbol:
PTX on the Nasdaq
Keep in mind this stock has 60%+ institutional ownership and is susceptible to MM play, therefore TA can at times be less effective, if not effective at all. In any case, I believe this is a bullish , long play.
Recently there have been rumors of a buyout..
insiderfinancial.com/pernix-therapeutics-holdings-inc-nasdaqptx-about-to-be-bought-out/116635/
This is published for newer traders to learn basic concept, unfortunately for some odd reason I was not able to publish in its original 5 minute time-frame. Please refer to "Related Ideas" Link at bottom of description for original work.
Symbol:
Keep in mind this stock has 60%+ institutional ownership and is susceptible to MM play, therefore TA can at times be less effective, if not effective at all. In any case, I believe this is a bullish , long play.
Recently there have been rumors of a buyout..
insiderfinancial.com/pernix-therapeutics-holdings-inc-nasdaqptx-about-to-be-bought-out/116635/
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.