From a fundamental point of view...around mid year the results of the AML test and the anticipation of it could cause the SP to rise.
From a technical basis and charting is not my strength it appears to me that a flag or pennant has formed...without the volume breakout as of now.There is a mast,followed by volume shrinkage during the formation...they should take no longer than 4 weeks to form and a volume increase on breakout....maybe it will consolidate at these levels and prove my incompetence on the technical side.
If there is a breakout and the options are exercised PTX will be extremely well funded and that in itself will attract new investors.
Any comments on the technical side?
PTX Price at posting:
10.5¢ Sentiment: Buy Disclosure: Held
