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Is PTC likely to continue higher? Upper Bollinger Band Walk shows up after sliding 0.38%
PTC finished lower by 0.38% on Tuesday, August 11th, trading 0.4 times its typical volume. The session formed a Upper Bollinger Band Walk, often signaling a possible continuation. Key support levels exist at 148.74, 147.05 & 145.4, with resistance at 152.09, 153.74 & 155.44. Meanwhile, Slow Stochastic is showing overbought conditions.
Current SwingTradeBot Technical Rating of PTC: C
Just a sneak peek — check SwingTradeBot.com for the full story on PTC.
Read full article here »