Hey traders, PTC THERAPEUTICS is in a bullish configuration with a hammer candle shape and high volume of past purchase. Looking at the TIMEFRAME M1 we notice a hammer candle with a high volume of buy executed, it goes towards the top of the consolidation zone for re-test. There is a great chance of breaking out the price of both the area and then going over into the next one. And go to the last highest which is a major resistance (on TIMEFRAME D1) two additions and one excess (on TIMEFRAME H4) After a test of the consolidation zone, go for a breakout to test the top of the bullish channel.
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Please LIKE & FOLLOW, thank you!