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Is PTC ready to make a move? NR7 shows up after a relatively flat session
PTC closed up 0.01% on Friday, August 7th, with volume running 0.5× below average. reversal patterns (Doji - Bearish?) combined with consolidation patterns (NR7) suggest a potential shift in market dynamics. Key support levels exist at 146.13, 144.59 & 142.8, with resistance at 149.46, 151.25 & 152.79. Slow Stochastic readings suggest the stock is currently overbought.
Current SwingTradeBot Technical Rating of PTC: C
Want the complete picture? Head to SwingTradeBot to see the rest of today’s action.
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