find_the_pattern

Strong recovery after post-ER drop

Long
NASDAQ:PTLA   None
After bad ER and a huge drop, an upward channel has just build that supports a further upwards trend.

  • Entry as soon as the resistence at ~14.77$ is broken.

  • Stop below the support of the upwards channel at around ~14.50$.

  • Limit is hard to estimate because of the large gap between 15$ and 23$. An optimistic long-term limit would be around 22$-23$.

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