PTTAR : New high before long it seems.
February 15, 2011 Leave a comment
PTTAR has a cluster of support from 37 to 37.75, and given it holds the stock will have a decent chance to rally to the down trend resistance line at 39.50. A breakout above 389.50 will be big news, and will be the sign that a new high is imminent. Entry at 37 or so is now looking rather interesting, although there is still a chance broader market hitters could force another brief pullback to 34.50 or so. If so, we’re buyers.