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Is PTEN primed for upward momentum? Pocket Pivot shows up after gaining 1.65%
On Monday, August 31st, PTEN moved up 1.65% while volume increased to 1.9× the usual levels. Pocket Pivot — typically a warning sign for traders — developed during the session. Key support levels exist at 12.3, 11.97 & 11.66, with resistance at 12.95, 13.26 & 13.59. Additionally, Slow Stochastic points to overbought territory, hinting at a potential consolidation.
Current SwingTradeBot Technical Rating of PTEN: A
This might just be the start. See what else showed up for PTEN today.
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