NYSEARCA:PLM - NYSE Arca - CA7319164090 - Common Stock - Currency: USD
We assign a technical rating of 6 out of 10 to PLM. Although PLM is a bad performer in the overall market, the technical picture looks good in both the medium and short term time frames.
Although the technical rating is only medium, PLM does present a nice setup opportunity. Prices have been consolidating lately. There is a support zone below the current price at 2.10, a Stop Loss order could be placed below this zone.
2.03
We found 1 important support area.
When analyzing the resistance we notice one important area.
Important!: this is just an example which is fully automatically generated based on the analysis above and should in no way be interpreted as a suggestion. Always make your own analysis and determine your own entry and exit points.
ENTRY | EXIT | DISTANCE | CAPITAL |
---|---|---|---|
2.12 | 2.08 | 0.04 (1.89%) | 25.00% |
An entry @2.12. This is a Buy Stop order right above the 10 day high. | An exit @2.08. This is a Stop Loss order right below the 10 day low. | The worst case loss on the trade is limited to 0.04 points, which is 1.89%. | For a 0.47% total portfolio risk, you can invest 25.00% of your capital in this trade. |
2.1
-0.01 (-0.47%)