Simple Trading PRAA As of 24 June 2015

PRAA W As of 24 June 2015 Close

Current Trend (W): Up

Abv/Below Value Zone: Above

Next Scheduled Report Date: 3 August 2015

52 Week High: $65.00

52 Week Low: $47.84

Current Relevant Resistance: $65.00

Current Relevant Support: $52.95

Recent Close: $63.53

Comment: PRA Group entered my Stalk Watch List on 29 May 2015.  I saw the potential for a trade, but didn’t post about it.  That was nearly $6.00 ago.  Meanwhile, the stock looks perfectly poised to take out the all time high up at  $65.00.  I especially like the small up day (today) on an overall down day.  If you like the idea, run it through your analysis, drop down to a lower timeframe and take your favorite long setup.  If stopped out, I would continue taking lower timeframe long setups unless price breaks below $54.24.

Have fun.


The Trader

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