How the (PCYO) price action is used to our Advantage
June 13, 2024, 20:56 pm ET, BY David D.- Contributor| Editor: Thomas H. Kee Jr. (Follow on LinkedIn)
Longer Term Trading Plans for PCYO
- Buy PCYO slightly over 9.21 target 10.07 stop loss @ 9.18 Details
The technical summary data tells us to buy PCYO near 9.21 with an upside target of 10.07. This data also tells us to set a stop loss @ 9.18 to protect against excessive loss in case the stock begins to move against the trade. 9.21 is the first level of support below 9.61 , and by rule, any test of support is a buy signal. In this case, support 9.21 is being tested, a buy signal would exist.
- Short PCYO slightly under 10.07, target 9.21, stop loss @ 10.1 Details
The technical summary data is suggesting a short of PCYO as it gets near 10.07 with a downside target of 9.21. We should have a stop loss in place at 10.1though. 10.07 is the first level of resistance above 9.61, and by rule, any test of resistance is a short signal. In this case, if resistance 10.07 is being tested, a short signal would exist.
Swing Trading Plans for PCYO
- Buy PCYO slightly over 10.07, target n/a, Stop Loss @ 10.04 Details
If 10.07 begins to break higher, the technical summary data tells us to buy PCYO just slightly over 10.07, with an upside target of n/a. The data also tells us to set a stop loss @ 10.04 in case the stock turns against the trade. 10.07 is the first level of resistance above 9.61, and by rule, any break above resistance is a buy signal. In this case, 10.07, 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 PCYO slightly near 10.07, target 9.52, Stop Loss @ 10.1. Details
The technical summary data is suggesting a short of PCYO if it tests 10.07 with a downside target of 9.52. We should have a stop loss in place at 10.1 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, 10.07, 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 PCYO
- Buy PCYO slightly over 9.71, target 10.07, Stop Loss @ 9.69 Details
If 9.71 begins to break higher, the technical summary data tells us to buy PCYO just slightly over 9.71, with an upside target of 10.07. The data also tells us to set a stop loss @ 9.69 in case the stock turns against the trade. 9.71 is the first level of resistance above 9.61, and by rule, any break above resistance is a buy signal. In this case, 9.71, 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 PCYO slightly near 9.71, target 9.22, Stop Loss @ 9.73. Details
The technical summary data is suggesting a short of PCYO if it tests 9.71 with a downside target of 9.22. We should have a stop loss in place at 9.73 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, 9.71, 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 Pure Cycle Corporation (PCYO) available here: PCYO.
PCYO Ratings for June 13:
Term → | Near |
Mid |
Long |
Rating |
Strong |
Neutral |
Weak |
P1 |
0 |
0 |
8.41 |
P2 |
9.71 |
9.22 |
9.21 |
P3 |
0 |
9.52 |
10.07 |
AI Generated Signals for PCYO
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 Pure Cycle Corporation (NASDAQ: PCYO) data table below can help you with price action, and we have more details too. Trading plans for PCYO 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 PCYO: