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Pernix Therapeutics Holdings - PTX - Symmetrical Triangle
A nearly perfect symmetrical triangle... look for a strong breakout!
This is published for newer traders to learn basic concept, unfortunately for some odd reason I was not able to publish in its original 5 minute time-frame. Please refer to "Related Ideas" Link at bottom of description for original work.
Symbol:
PTX on the Nasdaq
Keep in mind this stock has 60%+ institutional ownership and is susceptible to MM play, therefore TA can at times be less effective, if not effective at all. In any case, I believe this is a bullish , long play.
Recently there have been rumors of a buyout..
insiderfinancial.com/pernix-therapeutics-holdings-inc-nasdaqptx-about-to-be-bought-out/116635/
This is published for newer traders to learn basic concept, unfortunately for some odd reason I was not able to publish in its original 5 minute time-frame. Please refer to "Related Ideas" Link at bottom of description for original work.
Symbol:
PTX on the Nasdaq Keep in mind this stock has 60%+ institutional ownership and is susceptible to MM play, therefore TA can at times be less effective, if not effective at all. In any case, I believe this is a bullish , long play.
Recently there have been rumors of a buyout..
insiderfinancial.com/pernix-therapeutics-holdings-inc-nasdaqptx-about-to-be-bought-out/116635/
註釋
BREAKOUT !!!!註釋
Oops, that one was a joke, sort of .. here ya go !
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