Could iSectors Post-MPT Growth ETF (PMPT) Go Up? The Stock Formed Double Top Pattern

September 16, 2018 - By Andrea Pope

The chart of iSectors Post-MPT Growth ETF (PMPT) shows a double top with $30.06 target or 8.00 % above today’s $27.83 share price. The 5 months chart pattern indicates low risk for the $14.03M company. It was reported on Sep, 16 by If the $30.06 price target is reached, the company will be worth $1.12M more. Double tops are rare but powerful chart patterns.

The ETF increased 0.25% or $0.07 during the last trading session, reaching $27.83. About 1,492 shares traded or 136.45% up from the average. iSectors Post-MPT Growth ETF (NASDAQ:PMPT) has risen 14.14% since September 16, 2017 and is uptrending. It has underperformed by 1.48% the S&P500.

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