Technical Buy Signal for PSIX with Alert Set at $78

about 2 months ago

"PSIX, which was once trading near $4, is now at $16.12 with a 52-week range between $15 and $121; its four-hour algorithm signals a strong buy and I've set an alert at $78 to manage the trade."

The analyst outlines a technical trade for PSIX. Having observed significant movement from a much lower price and given a strong buy signal from the four-hour algorithm, he recommends an entry with a predetermined exit alert at $78. The mention of specific quantitative targets and risk management details makes this actionable.

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