Swing (hold for 1 week)Broke the sideway trend final elliot wave completion to be predicted this coming week
PTN trade ideas
PTN at a Crossroads? - Will The Bearish Pressure Continue?If the support at 0.811 can hold I Am looking for a continuation in the upward channel but a move below that support to 0.75 into consolidation. I do see the bearish engulfing candle forming on the weekly chart and therefore am on the bearish side of this bet.
PALATIN TECHNOLOGIES NEXT MOVE PTN NEXT MOVE.
BUY THE DEEP, DONT GO CRAZY & HOLD FOR 1 TO 3 WEEKS OR 20 TO 50 %
Palatin Technologies amazing buy opportunityBuy at market and at 0,58-0,64 with a stop loss of 0,4 with a target of the black lines to scale out of the position.
Is this a dream or could this be reality? Long term entanglementWhile all short term indicators and indeed weekly and monthly long term points to 1.11. We have seen Ptn has untangled layers of structure with break out after breakout in descending wedge. The most pivotal recently broken. Monthly targets here range from 1.68 - 2.08 but in current structure there could actually be a chance to catapult to $4-$7. I expect this structure may not hold but you can see nonetheless that all movement points way higher on the daily, weekly and monthly frames. The untanglement is pivotal
OBV breakout on monthly and weekly. Earmarked 1.08-1.12Using OBV as a leading indicator on longer timeframes. The OBV has broken out on monthly and weekly timeframes. Surpassing the OBV at 1.11. In In current movement on monthly and weekly timeframes, this areas has been earmarked as the next area of polarity to pull the price upwards.
PTN - Do you think we should be loading here lol?PTN producing 25%-90% returns thus far in the buy zone when falls below wedge line
Palatin is in an area of interest.Watching this for an entry.
Plan is to buy whole shares, and hold.
Palatin Technologies (PTN) Breakout, retest, potential triple bottom
Palatin Technologies, Inc. is a biopharmaceutical company, which engages in the development of medicines based on molecules that modulate the activity of the melanocortin and natriuretic peptide receptor systems.
$PTN long opportunityWith this massive pullback, no news and their competition $ AMAG floating around $10. I expect to see $PTN contest it's 4.76 resistance over the next 4-6 weeks.
PTN - PalatinWill Women get an F&DA approval for their VIAGRA?? Good entry with LT target 4-5 if approved.
This chart is for own use. Viewers come to own conclusions and appreciate comments and learning thoughts.
PTN Long - 2 Bullish Engulfing Candles + Bounce off SupportSupport at 0.87 finds itself to hold, should be able to get an easy 5% or more this coming week as it moves back up towards 1.00
$PTN HigherEarlier this year i picked up some $PTN at .41
took from some of my port's losers to throw more at this big winner.
Getting some respect of the 50% fib here; As y'all know the concept of 50% is critical to ichimoku, HA candles, etc.
Also getting some bullish jpn candlestick patterns with volume trending in that dir. via OBV and Volume Trend Accumulation Index
Volatility rel. low as well.
Hoping for this ~3:1 RR to play out, manage your risk as no trade is without risk :)
GL HF
xoxo
sn00p
PTN short, then long. I see the beauty in this chart, the moving avreages aline with my technical analysis on the daily that this is a pretty obvious short, have buy orders at .95 and then perhaps at .75 for a easy profit long term investment in the making. They will either touch, go up, then come back down before a nice impulse. Happy trading.
Daily PTN bearish gartley better entrytargets at traditional .382 and .681 retracement
entry @ 0 .55
PTNEntered @ .39 as a prospect breakout. Upward trends are strong with profitable volatility, proves to be an excellent trading vehicle at the moment. RSI resting on trend line tells me tomorrow should be interesting.
Tight trailing stops as always.
