Learn to Evaluate (PSMJ) using the Charts
November 06, 2024, 20:52 pm ET, BY Simon M.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PSMJ
- Buy PSMJ near 28.17 target 28.79 stop loss @ 28.09 Details
The technical summary data tells us to buy PSMJ near 28.17 with an upside target of 28.79. This data also tells us to set a stop loss @ 28.09 to protect against excessive loss in case the stock begins to move against the trade. 28.17 is the first level of support below 28.3892 , and by rule, any test of support is a buy signal. In this case, support 28.17 is being tested, a buy signal would exist.
- Short PSMJ slightly under 28.79, target 28.17, stop loss @ 28.87 Details
The technical summary data is suggesting a short of PSMJ as it gets near 28.79 with a downside target of 28.17. We should have a stop loss in place at 28.87though. 28.79 is the first level of resistance above 28.3892, and by rule, any test of resistance is a short signal. In this case, if resistance 28.79 is being tested, a short signal would exist.
Swing Trading Plans for PSMJ
- Buy PSMJ slightly over n/a, target n/a, Stop Loss @ 0 Details
If n/a begins to break higher, the technical summary data tells us to buy PSMJ just slightly over n/a, with an upside target of n/a. The data also tells us to set a stop loss @ 0 in case the stock turns against the trade. n/a is the first level of resistance above 28.3892, and by rule, any break above resistance is a buy signal. In this case, n/a, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PSMJ slightly near n/a, target 28.17, Stop Loss @ 0. Details
The technical summary data is suggesting a short of PSMJ if it tests n/a with a downside target of 28.17. We should have a stop loss in place at 0 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, n/a, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Day Trading Plans for PSMJ
- Buy PSMJ slightly over 28.79, target n/a, Stop Loss @ 28.72 Details
If 28.79 begins to break higher, the technical summary data tells us to buy PSMJ just slightly over 28.79, with an upside target of n/a. The data also tells us to set a stop loss @ 28.72 in case the stock turns against the trade. 28.79 is the first level of resistance above 28.3892, and by rule, any break above resistance is a buy signal. In this case, 28.79, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.
- Short PSMJ slightly near 28.79, target 28.17, Stop Loss @ 28.86. Details
The technical summary data is suggesting a short of PSMJ if it tests 28.79 with a downside target of 28.17. We should have a stop loss in place at 28.86 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 28.79, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.
Check the time stamp on this data. Updated AI-Generated Signals for Pacer Swan Sos Moderate (july) Etf (PSMJ) available here: PSMJ.
PSMJ Ratings for November 06:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Neutral |
Strong |
P1 |
0 |
0 |
27.67 |
P2 |
27.94 |
28.01 |
28.17 |
P3 |
0 |
|
28.79 |
AI Generated Signals for PSMJ
Blue = Current Price
Red= Resistance
Green = Support
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When #institutionalinvestors make decisions to buy and sell #stocks they normally want to keep it quiet. However, if we pay close attention we can see what is going on, and make good decisions.. The Pacer Swan Sos Moderate (july) Etf (NASDAQ: PSMJ) report below can help you understand how to do this. The trading plans for PSMJ, are updated in real time for subscribers, but this report is static. If you want an update, or a different report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PSMJ: