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Is PTEN likely to continue higher? Pocket Pivot shows up after climbing 4.26%
PTEN closed up 4.26% on Tuesday, July 21st, with volume running 1.4× above average. Pocket Pivot — typically a warning sign for traders — developed during the session. Key support levels exist at 10.17, 9.82 & 9.63, with resistance at 10.72, 10.91 & 11.26. Technical indicators like Slow Stochastic reveal overbought momentum right now.
Current SwingTradeBot Technical Rating of PTEN: B
There’s more where that came from. See all of today’s signals for PTEN here.
Read full article here »