PSA has an amazing ALL time chart with three very high peaks from very low levels, with long lows lasting for about 5 years. Something like $8.91 to 23c then 5 year gap before jump to $6.73 down to 17c before the next 5 year down before a move up to $3.07.We are now extended over the next 5 year low gap. If the previous historical data is repeated the next peak would have to be in the $2.00 range.The latest announcement could herald the start of a move similar to the other previous great peaks, time will tell.
PSA Price at posting:
7.9¢ Sentiment: Buy Disclosure: Held