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PTC forms New Uptrend on August 6
PTC posted a 5.9% gain on Thursday, August 6th, accompanied by 1.8× normal trading volume. Multiple bullish signals emerged — New Uptrend, Upper Bollinger Band Walk, Slingshot Bullish, Reversal New Highs Setup, Expansion Breakout, 180 Bullish Setup & Pocket Pivot — suggesting potential strength ahead. Key support levels exist at 140.49, 133.32 & 129.27, with resistance at 151.72, 155.77 & 162.94. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of PTC: C
This might just be the start. See what else showed up for PTC today.
Read full article here »