Dec
6
PSUN: Pacific Sunwear of California
December 6, 2007 | Leave a Comment
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.
Blogroll
- Break Outs - A collection of posts from blogs I read that consistently perform well.
- Ron Walker - Rob Walker is a pattern trader with amazing youtube screen casts.
- StockCharts.com - Chart of $INDU configured the way I like it.
- The Bull Trader - Technical analysis blog run by an good group of guys.