PTSI Sold ==> 82 Consecutive winners for $$$MR. MARKET$$$

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  • New-born baby
    Senior Member
    • Apr 2004
    • 6095

    #16
    Originally posted by Lyehopper
    For you to hold this stock for four years tells me that you have extreme patience. You are HUUUUGE!!!!

    But it looks like PTSI is just breaking out of a long 42 month cup/handle dude.... 15%+ more gain from here looks easy to me and I think it could go to about $38 before retracing (or up another 26%). Anyone else think so?
    Lye,
    Well, you are correct in that PTSI has busted out of a long 42 month formation. It is actually a triple top bust out, as well as the cup with handle. (The significance of the triple top bust out is that represented very stiff resistance, and PTSI was able to overcome it. It is now support, Mildred!).

    In any case, I expect a retest of the support, and if PTSI can pass that test (probably will be tested July 5), then I expect PTSI to attain the 1st target of $32 perhaps by Friday. The second target is much more significant: $44.

    The only issue I see is that this is an absolutely huge formation, and therefore, may take 42 months to reach its target!
    pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

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    • mimo_100
      Senior Member
      • Sep 2003
      • 1784

      #17
      Congratulations, MrMarket

      It took this missle 4 years to reach its target.

      Good guidance system.....
      Tim - Retired Problem Solver

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      • thebign1
        Senior Member
        • Sep 2003
        • 130

        #18
        Bruce & Co.

        Originally posted by Websman
        Springsteen rocks.
        Bring 'em home....Bring 'em home.

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