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PMT trade ideas

$PMT technical analysis "PMT"NYSE:PMT Here is a quick technical analysis of $PMT. Chart shows we are at a critical point in time. Price is coiling closer. There will be breakout soon. Most likely down. Bearish divergences on higher time frames makes me believe this. It also looks like its about to complete a huge bearish flag. The blue boxes below price area is where price will most likely find support and could produce a bounce. If you want to take that chance and make a quick buy and sell the bounce that is up to you. The second lower blue box is also another area of possible support for a bounce. Keep an eye on the RSI indicator where it can find support in the blue box as well. God bless.
NYSE:PMT
by vazzal