Proactive Strategies Invesco Global Listed Priv PSP

Source: Daily Stock Exchange Traders

Longer term trading plans for PSP
  • NOTHING. Details
  • There is no current support plan to trigger a purchase of this stock at this time. This usually means that there are no clear support levels at the moment, so buying the stock as it falls could be seen as catching a falling knife. Buy signals only exist if resistance crosses the bar. This is often a signal that the stock you are watching is weak. Waiting for a higher turn can be smarter than trying to catch a falling knife. In any case, new support levels are usually updated in the database at the start of the next trading session.

  • PSP short under 15.61, target n / a, stop loss @ 15.66 Details
  • Technical summary data suggests PSP short as it approaches 15.61, but the downside target is not available from current data. This tells us to hold this position if it is triggered until a new downside target has been established (updates occur at the start of each trading session) or until the position is stopped. . Summary data tells us that a stop loss is in place at 15.66. 15.61 is the first resistance level above 15.52, and by rule, any resistance test is a short signal. In this case, if resistor 15.61 is tested, a short signal would exist.

Swing Trading Plans for PSP
  • Buy PSP at 15.61, Target 16.24, Stop Loss @ 15.56 Details
  • If 15.61 starts to break higher, the technical data summary tells us to buy PSP just above 15.61, with a bullish target of 16.24. The data also tells us to set a stop loss @ 15.56 in case the stock turns against the trade. 15.61 is the first resistance level above 15.52, and by rule, any breakout above resistance is a buy signal. In this case, 15.61, initial resistance, would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • PSP short near 15.61, target 15.12, Stop Loss @ 15.66. Details
  • Technical summary data suggests a short sale of PSP if it tests 15.61 with a bearish target of 15.12. We should have a stop loss in place at 15.66 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 15.61, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

Day Trading Packages for PSP
  • Buy PSP at 15.61, Target 16.24, Stop Loss @ 15.57 Details
  • If 15.61 starts to break higher, the technical data summary tells us to buy PSP just above 15.61, with a bullish target of 16.24. The data also tells us to set a stop loss @ 15.57 in case the stock turns against the trade. 15.61 is the first resistance level above 15.52, and by rule, any breakout above resistance is a buy signal. In this case, 15.61, initial resistance, would be breaking higher so a buy signal would exist. Because this plan is based on a resistance break, it is called a long resistance plan.

  • Short PSP near 15.61, target 15.12, Stop Loss @ 15.65. Details
  • Technical summary data suggests a short sale of PSP if it tests 15.61 with a bearish target of 15.12. We should have a stop loss in place at 15.65 in case the stock starts moving against the trade. Typically, any stress test is a short signal. In this case, if the resistance, 15.61, is tested, a short signal would exist. Because this plan is a short plan based on a stress test, it is called a short resistance plan.

PSP Technical Summary | Raw data for trading plans

Term → Near Middle Long
Bias Neutral Low Strong
P1 0 0 15.61
P2 15.44 15.12 16.24
P3 0 3:45 p.m. 16.85


PSP Swing Trading Analysis for July 5, 2021


PSP Day Trading Analysis for July 5, 2021

Don’t overthink it! Trade Invesco Global Listed Priv (NYSE: PSP) or any other headline can be rewarding if the simple rules of technical analysis are followed before making any decisions. It should be an integral part of the investment process.

Warning:

This is a static report, the data below was valid at the time of publication, but the support and resistance levels for the PSP change over time, so the report should be updated regularly. Real-time updates are provided to subscribers. Unlimited real-time reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and stock market crash protection using Evitar Corte.

Instructions:

The rules that govern the data in this report are the rules of technical analysis. For example, if PSP is testing support, buy signals surface and resistance is the target. Conversely, if resistance is tested, it is a sign of controlling risk or selling, and support would be the target on the downside accordingly. In each case, the trigger point is designed to be both a great place to take a position (avoid trading in the middle of a trading channel) and it also acts as a level of risk control.

Swing Trades, Day Trades and Longer Term Trading Plans:

This data is further refined to differentiate between Day Trading, Swing Trading and Long Term Investment Plans for PSP as well. All these elements are proposed under the summary table.

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Fundamental graphics for PSP

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