As expected there is another Bull pennant forming for PRTS. Price has touched the bottom & top of the pennant now 3 times to the top and 2 times to the bottom. Note the the white line of the current level of the trading fork held as support.
The main channel is clearly defined with the Green & Red lines and is still in play.
I expect some more sideways action for the rest of the week before taking the next leg up.
The next step up in the trading fork will be reached likely by the end of July.
Price by earnings should the trend keep going could be as high as $14.70
On the daily chart the RSI support line is still in play and rising.
The main channel is clearly defined with the Green & Red lines and is still in play.
I expect some more sideways action for the rest of the week before taking the next leg up.
The next step up in the trading fork will be reached likely by the end of July.
Price by earnings should the trend keep going could be as high as $14.70
On the daily chart the RSI support line is still in play and rising.
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