PROSPECT CAPITAL Stock Chart Fibonacci Analysis 041523Trading Idea
1) Find a FIBO slingshot
2) Check FIBO 61.80% level
3) Entry Point > 6.95/61.80%
RK8 trade ideas
Find your shorts boys. 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.
Psec 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
Prospect Capital - Prospecting in Red. PSECAnother 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 highlighted in purple with invalidation in red. Fibonacci goals, it is prudent to suggest, are nothing more than mere fractally evident and therefore statistically likely levels that the market will go to. Having said that, the market will always do what it wants and always has a mind of its own. Therefore, none of this is financial advice, so do your own research and rely only on your own analysis. Trading is a true one man sport. Good luck out there and stay safe!
TrendsThis 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.
This, in my opinion, is a high price range if considering historical values. Now this doesn't matter all that much if you are in for dividends (as you probably should be), but for those just looking for shorter returns, your top occurred quite some time ago
Will be interesting to see where this goes. A catalyst is needed to bump in either direction.
Not investment advice, please do your own DD & research.
PSEC Weekly AnalysisFundamental 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.
decent risk reward here for PSEC! 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
$PSEC - in the magical placethis is about 1 month away from a golden cross and in that magic place of no resistance with regards to volume shelves
$PSEC - golden cross on the horizonI already have options on this and am up 300% so far.
Cheap and easy with a golden cross 2-4 weeks out. It is my favorite flavor.
Long $Psec , just dipped ! good buy nowWhat 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 - Prospect Capital BUY BUY BUY!!Long position just started here. Not financial advice good luck!
$PSEC long term dividend. 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 overbought much?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
PSEC- Time 2 BuyFor 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.
$PSEC Long Retirement Dividend StockTwo major buy signals occurred along with positive news for the company in the past two weeks. The Monthly and Weekly charts show a positive break to the upside, with a low-risk stop loss point. Average yearly return of a monthly dividend is 11% #StayFriendly
Could get a pop in PSECAny EW'ers out there, I'd appreciate your input into PSEC and the rest of the BDCS composite ETF.
There may be a C wave up termination as an Ending Diagonal completing in PSEC. Lots of overlap throughout the structure.
I'm anticipating one final motive rally pattern up, perhaps an Ending Diag as wave 5 of C.
Targeting 8.87 or as high as 9.61.
Currently, the last 2 legs are a very strange looking pattern with odd proportions to each other.
But things are still objectively trending upward within a channel, albeit broken down wider in Sept.
PSEC Day Trade (Brad Reed Dec8,2014)PSEC- Expect opening at 8.31 for a Retest Gap. Learn this strategy for free at www.RealLifeTrading.com
