(PSCM) Trading Report

Longer Term Trading Plans for PSCM

• Buy PSCM near 71.87 target n/a stop loss @ 71.66. Details

The technical summary data tells us to buy PSCM near 71.87, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 71.66 to protect against excessive loss in case the stock begins to move against the trade. 71.87 is the first level of support below 75.6103, and by rule, any test of support is a buy signal. In this case, if support 71.87 is being tested, a buy signal would exist.

• NONE . Details

NONE .
There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for PSCM

• Buy PSCM slightly over 75.99, target 77.8, Stop Loss @ 75.77 Details

If 75.99 begins to break higher, the technical summary data tells us to buy PSCM just slightly over 75.99, with an upside target of 77.8. The data also tells us to set a stop loss @ 75.77 in case the stock turns against the trade. 75.99 is the first level of resistance above 75.6103, and by rule, any break above resistance is a buy signal. In this case, 75.99, 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 PSCM slightly near 75.99, target 71.87, Stop Loss @ 76.21. Details

The technical summary data is suggesting a short of PSCM if it tests 75.99 with a downside target of 71.87. We should have a stop loss in place at 76.21 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, 75.99, 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 PSCM

• Buy PSCM slightly over 75.76, target 75.99, Stop Loss @ 75.58 Details

If 75.76 begins to break higher, the technical summary data tells us to buy PSCM just slightly over 75.76, with an upside target of 75.99. The data also tells us to set a stop loss @ 75.58 in case the stock turns against the trade. 75.76 is the first level of resistance above 75.6103, and by rule, any break above resistance is a buy signal. In this case, 75.76, 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 PSCM slightly near 75.76, target 71.87, Stop Loss @ 75.94. Details

The technical summary data is suggesting a short of PSCM if it tests 75.76 with a downside target of 71.87. We should have a stop loss in place at 75.94 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, 75.76, 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 Powershares S&p Smallcap Materials Portfolio (PSCM) available here: PSCM.

PSCM Ratings for July 20:

Term →	Near	Mid	Long
Rating	Neutral	Strong	Weak
P1	0	0	59.77
P2	75.76	75.99	65.9
P3	76.51	77.8	71.87

AI Generated Signals for PSCM

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