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Is PTEN likely to continue higher? Pocket Pivot shows up after gaining 1.8%
On Wednesday, July 22nd, PTEN moved up 1.8% while volume was to 0.9× the usual levels. Mixed technical signals appeared with Pocket Pivot suggesting upside potential, while 50 DMA Resistance indicated possible weakness — creating a conflicted technical picture. Key support levels exist at 10.56, 10.41 & 10.25, with resistance at 10.87, 11.03 & 11.18. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of PTEN: B
Traders are watching PTEN for a reason. See the full signal list.
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