How the (PSC) price action is used to our Advantage
October 02, 2024, 11:14 am ET, BY Randall S.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PSC
- Buy PSC near 49.13 target 51.75 stop loss @ 48.99 Details
The technical summary data tells us to buy PSC near 49.13 with an upside target of 51.75. This data also tells us to set a stop loss @ 48.99 to protect against excessive loss in case the stock begins to move against the trade. 49.13 is the first level of support below 51.28 , and by rule, any test of support is a buy signal. In this case, support 49.13 would be being tested, so a buy signal would exist.
- Short PSC slightly under 51.75, target 49.13, stop loss @ 51.9 Details
The technical summary data is suggesting a short of PSC as it gets near 51.75 with a downside target of 49.13. We should have a stop loss in place at 51.9though. 51.75 is the first level of resistance above 51.28, and by rule, any test of resistance is a short signal. In this case, if resistance 51.75 is being tested, so a short signal would exist.
Swing Trading Plans for PSC
- Buy PSC slightly over 51.34, target 51.75, Stop Loss @ 51.19 Details
If 51.34 begins to break higher, the technical summary data tells us to buy PSC just slightly over 51.34, with an upside target of 51.75. The data also tells us to set a stop loss @ 51.19 in case the stock turns against the trade. 51.34 is the first level of resistance above 51.28, and by rule, any break above resistance is a buy signal. In this case, 51.34, 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 PSC slightly near 51.34, target 49.13, Stop Loss @ 51.49. Details
The technical summary data is suggesting a short of PSC if it tests 51.34 with a downside target of 49.13. We should have a stop loss in place at 51.49 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, 51.34, 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 PSC
- Buy PSC slightly over 51.39, target 51.92, Stop Loss @ 51.27 Details
If 51.39 begins to break higher, the technical summary data tells us to buy PSC just slightly over 51.39, with an upside target of 51.92. The data also tells us to set a stop loss @ 51.27 in case the stock turns against the trade. 51.39 is the first level of resistance above 51.28, and by rule, any break above resistance is a buy signal. In this case, 51.39, 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 PSC slightly near 51.39, target 49.13, Stop Loss @ 51.51. Details
The technical summary data is suggesting a short of PSC if it tests 51.39 with a downside target of 49.13. We should have a stop loss in place at 51.51 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, 51.39, 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 Principal U.s. Small-cap Multi-factor Etf (PSC) available here: PSC.
PSC Ratings for October 02:
Term → | Near |
Mid |
Long |
Rating |
Neutral |
Strong |
Strong |
P1 |
0 |
0 |
49.13 |
P2 |
51.39 |
51.34 |
51.75 |
P3 |
51.92 |
52.16 |
54.2 |
AI Generated Signals for PSC
Blue = Current Price
Red= Resistance
Green = Support
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Our job as #investors is to pay attention to the #stocks we own. Part of that involves looking at the #fundamentals, but half of the disclosure comes from looking at price action. The Principal U.s. Small-cap Multi-factor Etf (NYSE: PSC) data table below can help you with price action, and we have more details too. Trading plans for PSC are shown here too; these plans are updated in real time for subscribers, where this report is static. If you want an update, or a report on a different stock, please get one here Unlimited Real Time Reports.
Fundamental Charts for PSC: