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Is PMT positioned for a breakout? Upper Bollinger Band Walk shows up after declining 0.44%
On Wednesday, July 1st, PMT moved down 0.44% while volume increased to 1.3× the usual levels. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 11.08, 10.93 & 10.76, with resistance at 11.4, 11.57 & 11.72. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of PMT: D
This might just be the start. See what else showed up for PMT today.
Read full article here »