Learn to Evaluate (PSCD) using the Charts
July 17, 2024, 22:00 pm ET, BY Mitchell H.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PSCD
- Buy PSCD slightly over 106.42 target 113.64 stop loss @ 106.11 Details
The technical summary data tells us to buy PSCD near 106.42 with an upside target of 113.64. This data also tells us to set a stop loss @ 106.11 to protect against excessive loss in case the stock begins to move against the trade. 106.42 is the first level of support below 107.182 , and by rule, any test of support is a buy signal. In this case, support 106.42 is being tested, a buy signal would exist.
- Short PSCD slightly under 113.64, target 106.42, stop loss @ 113.97 Details
The technical summary data is suggesting a short of PSCD as it gets near 113.64 with a downside target of 106.42. We should have a stop loss in place at 113.97though. 113.64 is the first level of resistance above 107.182, and by rule, any test of resistance is a short signal. In this case, if resistance 113.64 is being tested, a short signal would exist.
Swing Trading Plans for PSCD
- Buy PSCD slightly over 113.64, target n/a, Stop Loss @ 113.31 Details
If 113.64 begins to break higher, the technical summary data tells us to buy PSCD just slightly over 113.64, with an upside target of n/a. The data also tells us to set a stop loss @ 113.31 in case the stock turns against the trade. 113.64 is the first level of resistance above 107.182, and by rule, any break above resistance is a buy signal. In this case, 113.64, 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 PSCD slightly near 113.64, target 106.71, Stop Loss @ 113.97. Details
The technical summary data is suggesting a short of PSCD if it tests 113.64 with a downside target of 106.71. We should have a stop loss in place at 113.97 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, 113.64, 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 PSCD
- Buy PSCD slightly over 108.71, target 113.64, Stop Loss @ 108.46 Details
If 108.71 begins to break higher, the technical summary data tells us to buy PSCD just slightly over 108.71, with an upside target of 113.64. The data also tells us to set a stop loss @ 108.46 in case the stock turns against the trade. 108.71 is the first level of resistance above 107.182, and by rule, any break above resistance is a buy signal. In this case, 108.71, 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 PSCD slightly near 108.71, target 106.71, Stop Loss @ 108.96. Details
The technical summary data is suggesting a short of PSCD if it tests 108.71 with a downside target of 106.71. We should have a stop loss in place at 108.96 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, 108.71, 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 Consumer Discretionary Pf (PSCD) available here: PSCD.
PSCD Ratings for July 17:
| Term → | Near |
Mid |
Long |
|---|
| Rating |
Strong |
Strong |
Strong |
| P1 |
0 |
0 |
99.09 |
| P2 |
106.52 |
102.41 |
106.42 |
| P3 |
108.71 |
106.71 |
113.64 |
AI Generated Signals for PSCD
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 Powershares S&p Smallcap Consumer Discretionary Pf (NASDAQ: PSCD) report below can help you understand how to do this. The trading plans for PSCD, 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 PSCD:
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