PNTV Weekly Chart ~ Five Consecutive Weeks of

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PNTV Weekly Chart ~ Five Consecutive Weeks of Green


Contrary to what very few continue to argue, PNTV has actually moved up for five consecutive weeks while establishing a low at .013/.015. With a weekly chart, one can see the bigger view as to possible longer term resistance points. I typically use the candle bodies for support/resistance lines. But to satisfy those that include candle wicks/tails, here is a weekly chart with both resistance lines drawn in. Either way, both lines are close enough to use a range of .031 and .035 as short term breakout points. As I just stated in my previous post, I would hope to see a close of .035/.04 in this shortened trading week. Although not quite in total confirmation, the FullSto and MACDs on the weekly chart are close to confirming a strong move higher from the lows established on the daily chart. I can definitely see the high of .083 tested last in the year. GLTA

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