PTI Protherics

Hi guys,

it's been a fascintating day on the markets!

I've been doing my end of day research and notice that PTI has been trading in a very narrow trading range. Moreover the bollinger bands are getting very tight ready for a move.

The only question is up or down?

My guess is that the move will be up - the reason is that the downward candle shadows would indicate that the mm's are trying to shake the tree before moving on up.

Any opinions?
 

Uncle

Established member
671 2
WestLB Panmure has reiterated it a BUY at 43.25 and is sticking with a price target of 141