Time to Sell Precision Therapeutics Inc. (AIPT) After The Completion of This Double Bottom Pattern?

April 17, 2018 - By Ellis Scott

The chart of Precision Therapeutics Inc. (AIPT) shows a double bottom with $0.86 target or 6.00 % below today’s $0.91 share price. The 6 months chart pattern indicates high risk for the $10.74M company. It was reported on Apr, 17 by Finviz.com. If the $0.86 price target is reached, the company will be worth $644,520 less. Double bottoms are rare but powerful chart patterns.

The stock increased 0.50% or $0.0045 during the last trading session, reaching $0.91. About 37,307 shares traded. Precision Therapeutics Inc. (NASDAQ:AIPT) has declined 45.89% since April 17, 2017 and is downtrending. It has underperformed by 57.44% the S&P500.

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