What is the support and resistance for Prospect Capital (PSEC) stock price?
PSEC support price is $5.03 and resistance is $5.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSEC stock will trade within this expected range on the day.
RSI indicating a buy signal as well!
prediction: 5.50 near end of the week.
hopefuly stock can break resistance.
I will buy some stocks now at 5.08cent and hope it goes to 5.50!
PSEC support price is $5.03 and resistance is $5.39 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that PSEC stock will trade within this expected range on the day.
RSI indicating a buy signal as well!
prediction: 5.50 near end of the week.
hopefuly stock can break resistance.
I will buy some stocks now at 5.08cent and hope it goes to 5.50!