PTOTF Looking Great Technically

Patriot One continues to trade higher. The shares look good technically, with the 50 DMA now trending upwards and the stock moving through the 100 DMA. In addition, a move through $.72 would complete a breakout from a Cup & Handle formation and should push the shares back to the next resistance which is $.90. This is also where it will likely encounter the 200 DMA and could prove to be a difficult level to get through.

With positive catalysts in front of the Company, the technicals are confirming what the fundamentals are telling us. Things are looking good for PTOTF.

LEAVE A REPLY