Replies to post #3762 on PENNIES TO DOLLARS

[Go_Stocks]

PTSC TA updates:

The first pullack went to $1.16, 50% fibonacci retracement, It was right at 34 EMA, the second pull back went to $1.40, right around the 38% fibonacci retracement, it is also right at 34 EMA. Clearly, we have seen a higher low along the 34 EMA as the support. Now, it is formed a symmetrical triangle (or likely a pennant), in the next several days, when the daily trading range is less than a dime, we shall see a breakout out of this triangle, the continuation of the trend is up.