NYSE:PHT - New York Stock Exchange, Inc. - US72369H1068 - Currency: USD
Overall PHT gets a technical rating of 2 out of 10. PHT has been an average performer in the overall market. Also recent evolutions are not that positive: both the medium and short term time frames give negative signs.
Although the technical rating is bad, PHT does present a nice setup opportunity. Prices have been consolidating lately and the volatility has been reduced. There is a resistance zone just above the current price starting at 7.76. Right above this resistance zone may be a good entry point. There is a support zone below the current price at 7.58, a Stop Loss order could be placed below this zone. We notice that large players showed an interest for PHT in the last couple of days, which is a good sign.
6.98
3 important support areas can be observed.
When analyzing the resistance we notice 2 important areas.
7.58
+0.03 (+0.4%)