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PPTBTC FALLING WEDGE

Par Scotto3282
I SEEN THIS ONE TONIGHT ON THE 4hr. CHART. FOR SOME REASON MY TEXT ISN'T WORKING BUT THE BOTTOM LINE IS THE WEDGE I SEE FORMING THAT I THINK PPT WILL SOON BURST OUT OF AND THE TOP DOTTED LINE IS THE TARGET. IT APPEARS TO BE TRADING SIDEWAYS DURING THE CONSOLIDATION PERIOD WHICH IS PRETTY TYPICAL FOR A WEDGE THAT IS READY TO TAKE OFF. ALSO YOU CAN SEE A BULLISH DIVERGENCE ON THE CCI AS WELL AS THE RST.
Chart PatternsTechnical IndicatorsTrend Analysis
Scotto3282

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