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$PAMT | ($PAMT) Trading Signals (PAMT)

By Thomas Kee

$PAMT | ($PAMT) Trading Signals (PAMT)

The technical summary data tells us to buy PAMT near 14.29 with an upside target of 17.15. This data also tells us to set a stop loss @ 14.25 to protect against excessive loss in case the stock begins to move against the trade. 14.29 is the first level of support below 16.49 , and by rule, any test of support is a buy signal. In this case, support 14.29 would be being tested, so a buy signal would exist.

The technical summary data is suggesting a short of PAMT as it gets near 17.15 with a downside target of 14.29. We should have a stop loss in place at 17.2though. 17.15 is the first level of resistance above 16.49, and by rule, any test of resistance is a short signal. In this case, if resistance 17.15 is being tested, so a short signal would exist.

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