PTRA - Return of EV

Having being smashed to a pulp, a few EV names have been popping recently and here's one of them.

PTRA also pushed by earnings is having a pump and looking at the weekly RSI its fairly clear this is a breakout not a retracement.

Its bounced just further than a common fib overshoot.

So this looks good 😺.

And with indexes probably turning bearish in probable retracement, this will most likely re-test the $5.04 1.618 fib at which point I will probably buy.

Alarms set - i'll be back to this.

Not advice.

Kommentera:

Using pitchfork its been predominantly in the upper channel with some fear testing into the lower. Weekly candle closed above upper median line for first time.