This is a common pattern seen all over the market right now.My put options are pretty cheap on this one. i expect distribution until the second week of December.
Watching this one thunder next few weeks. Want to see a pop of 9$ or new recent high above 9.30$. Def looking good we will have to see reaction with current market conditions
Another bearish setup for a Capital corporation. It seems we have done a five wave impulse and are now correcting. Indicators confirm dropping momentum and divergence on oscillators also present on multiple timeframes.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are...
This is one I have admired for some time. The recovery of this stock from the COVID affect was impressive.
Keeping an eye on your market value versus historical returns from dividends is always a good thing to do.
Recommend this one inside of an IRA for tax reasons.
Here we have been seeing a shelf form due to complacency of market direction probably. ...
Fundamental move here from PSEC after a recent earnings beat pushing through historic resistance. More information to come as a do more research, but these are targets that I could find moving forward on this bull train.
nice breakout after clearing the downtrend resistance, good risk reward if we take a long entry here. long 7, stop loss 5.8, first price target 8 and then 10+ if the blue resistance above the green arrows breaks! goodluck <3
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...
This is one of my dividend holdings that I picked up on Friday (1,000 shares). It pays an 11% annual dividend, but also enjoys movements of quick bearish drops and equally quick recoveries.
Full details of this play at https://wingtrades.com!
My entry of 1,000 shares was at $6.47 on Friday, February 8, 2019.
PSEC is looking like a falling knife incoming.
Three black crows, and heavily overbought on stochastic and stochastic RSI.
Dividend is past exdiv, and earnings were good. Looks like it may be time to scoop up profits and wait for the knife to fall.
Stochastic is the blue and orange lines and stochastic RSI are the red and green Areas
For rest of 2017 it is buy time. On 11/21/17, four insiders bought 2,613,260 shares for $6.70. When cluster of insiders buy, strongly consider buying, jumping on same train.Insider buying, especially cluster buying is a strong LEADING indicator of future price action. I think that PA will hit $8.00 by end of this year.
