PSAC - How to Identify the Opportunity and Potential Pitfalls in Psac #PSAC

This Psac (NASDAQ: PSAC) report helps #investors and #traders identify both opportunity, and potential #redflags by using the price action of the stock.  The trading plans for PSAC have risk controls, and that make these observations both opportunistic and defensive, but the data on this page is not real time. If you want a real time update, or a different stock, please get one here Unlimited Real Time Reports .

Technical Summary

Long Term Trading Plans for PSAC

May 10, 2021, 1:45 pm ET

The Technical Summary and Trading Plans for PSAC help you determine where to buy, sell, and set risk controls. The data is best used in conjunction with our Market Analysis and Stock Correlation Filters too, because those help us go with the flow of the market as well. Going with the flow is extremely important, so review our Market Analysis with this PSAC Report.

PSAC - (Long) Support Plan

The technical summary data tells us to buy PSAC near , 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 0 to protect against excessive loss in case the stock begins to move against the trade. is the first level of support below 11.02, and by rule, any test of support is a buy signal. In this case, if support is being tested, a buy signal would exist.

PSAC - (Short) Resistance Plan

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.