Powershares Global Gold & Prec $PSAU Technical Update

The Powershares Global Gold & Prec (NASDAQ: PSAU) update and the technical summary table below can help you manage risk and optimize returns. We have day, swing, and longer-term trading plans for PSAU, and 1300 other stocks too, updated in real time for our trial subscribers. The data below is a snapshot, but updates are available now.

Review the Trading Plans:

Technical Summary

Term →Near Mid Long
Bias Weak Neutral Neutral
P1 15.15 13.22 13.94
P2 15.40 14.56 15.74
P3 0 15.84 17.50

Long Term Trading Plans for PSAU

October 11, 2018, 7:15 am ET

The Technical Summary and Trading Plans for PSAU help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PSAU Report.

PSAU - (Long) Support Plan

Buy over 13.94 target 15.74 stop loss @ 13.68.
The technical summary data tells us to buy PSAU near 13.94 with an upside target of 15.74. This data also tells us to set a stop loss @ 13.68 to protect against excessive loss in case the stock begins to move against the trade. 13.94 is the first level of support below 15.18 , and by rule, any test of support is a buy signal. In this case, support 13.94 would be being tested, so a buy signal would exist.

PSAU - (Short) Resistance Plan

Short under 15.74 target 13.94 stop loss @ 16.
The technical summary data is suggesting a short of PSAU as it gets near 15.74 with a downside target of 13.94. We should have a stop loss in place at 16 though. 15.74 is the first level of resistance above 15.18, and by rule, any test of resistance is a short signal. In this case, if resistance 15.74 is being tested, so a short signal would exist.

PSAU Long Term Analysis

PSAU Dividend Chart

PSAU PE chart

PSAU PEG chart