Technical Divergences between PTQ and PTQQFDO YOUR OWN DD, MY MEASUREMENTS ONLY ON WHICH I TRADE
Observation: Potential PTQQF technical divergence from PTQ; both low volume.
Theses: Near term PTQ capitulation to $1.85-$1.95; support holds; fundamentals support substantial price advance medium to long term
PTQ:
Potential Bullish Medium Term double bottom (Pivot 2.45-2.54, Price target $3.25-$3.30
OR
Potential Bearish MT Double/triple top (Pivot 1.88, Price Target $1.15-$1.25)
200 dMA: +98.4% Feb 10/20
+17.6% May 4/20
Accum/Distr and On-Balance Volume: strong
PTQQF:
Ascending triangle Medium Term
Breakout: Pivot 2.11, Price target $2.85 -$3.00 USD,
Breakdown: Pivot $1.47, strong horizontal support; double top/bottom on lag to PTQ (?)
200dMA : +88.5% Feb 10/20
+23.5% May 4/20
Accum/Distr Strong, On Balance Volume weak