PSUN: Pacific Sunwear of California

psun

We are looking at good old pac-sun on this one.

Looks like there is some resistance at about $17.10. The next level of resistance is around the 18.00 mark.

RSI is on it’s way up and recently crossed the 50 mark.

MACD is also in an uptrend and looks strong.

Buy when the price crosses $17.10, watch for resistance @ $18 and if the price crosses the $18 mark put a medium stop loss and let it go.

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