nftrh plus

NFTRH+; A Cloud Software Co. Breaks Wedge Consolidation

A low priority update in the event that anyone follows or trades this stock that has been in my portfolio for a while now.

PVTL crept out of a consolidation wedge and above the SMA 50, and pulled back yesterday. I almost added but for my rule of keeping things in proportion, size-wise.

MACD is going green again and RSI is gently over 50 (i.e. not overbought). If this breakout is real, volume comes in the market holds up I’d be looking for a new high above the June high, which is typical of breaks from these types of consolidations.

pvtl

A reminder that chart based NFTRH+ updates are technical trade setup ideas, which may not be revisited as the buy, sell, stop parameters are already noted. They are meant as a starting point for your further research if interested. I will not personally buy every item highlighted and will sometimes sell (ref. Trade Log) any item that I do buy below target (assuming I’ve not stopped out or sold for some other reason), which is something I often do as a trader. Also please be aware that I am not a fundamental stock analyst. Due diligence is your responsibility.