Protagenic Therapeutics Inc (PTIX)

[ospreyeye]

Read post #44377............

I calked this out last night.......

ATRN'S Chart........9 Green VOL. Bars in a row.......Fast Sto @ 100......as Overbought as it gets...

Sweet run, but expect a pullback.......RSI @ 82.25.......

Closed right @ former Support level......checkout Nov. 21st - Dec..........it's now Resistance........

Some Consolidation @ this level would be healthy for the New Year Uptrend.......

Looking @ a Fib retrace to possibly the 0.125 zone........Roughly 50% retrace from 0.06 range.....

No stock goes straight up......ATRN isn't an exception......

Way more downside risk than upside potential @ this level.......

Indicators need to reset before the next leg up........

Buy Fear......checkout Jan. 1st.......& Sell Greed......today's closing price.......& get filthy, stinking Rich!.....

Congrats to all the Bulls.......I'm betting a major Bear Raid is coming......

When they're drunk w/ Greed you SELL......& when there's blood in the streets you BUY.......$$$

Reposted again for you........$$$