PTC (Daily Chart) Technical Analysis

116
StockDaDa Verdict

🟢 8.5/10 Setup

PTC is very close to a major breakout. A daily close above 70 can open the path toward 76–80 in the coming weeks.

🟢 Bullish Breakout in Progress

PTC has staged an impressive recovery from the 47–48 zone and is now testing a major resistance area around 68–70, which was the previous swing high zone.

Market Structure

✅ Higher Highs & Higher Lows established
✅ Strong momentum candles during the recent rally
✅ Volume expansion confirms institutional participation
✅ Price has reclaimed all major short-term resistance levels

Key Levels

Resistance

R1: 68.50–70.00 (major breakout zone)
R2: 72.00
R3: 76.00–78.00

Support

S1: 63.50–64.00
S2: 60.00
S3: 56.00 (trend invalidation area)

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.