PPSI 1M HNSWorth the wait monthly head and shoulders.
Pioneer Power Solutions, Inc. designs and manufactures electrical equipment. The firm also engages in integration, refurbishment, service and distribution of electric power systems, distributed energy resources, used and new power generation equipment and mobile EV charging solutions for applications in the utility, industrial and commercial markets. It operates through the Transmission & Distribution Solutions (T&D Solutions), and Critical Power Solutions segments (Critical Power). The Transmission & Distribution Solutions segment offers equipment solutions that help customers effectively and efficiently manage their electrical power distribution systems to desired specifications. The Critical Power Solutions segment performs service on its customer's power generation equipment and also provides customers with new and used power generation equipment intended to ensure smooth, uninterrupted power to operations during times of emergency. The company was founded on September 16, 2008 and is headquartered in Fort Lee, NJ.
PPSI trade ideas
$PPSIPioneer Power Solutions, Inc., together with its subsidiaries, designs, manufactures, sells, and services electric power systems, distributed energy resources, used and new power generation equipment, and mobile EV charging solutions in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment provides electric power systems, including e-Bloc, and distributed energy resources that help customers effectively and efficiently protect, control, transfer, monitor, and manage their electric energy requirements. It also provides low voltage switchgears and transfer switches. The Critical Power Solutions segment provides new and used power generation equipment, and aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. The company serves utility, industrial, commercial, and backup power markets. The company was incorporated in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.
$PPSI LONG - HV1 Highest Volume in Over a YearSolar is one of the best sector right now. I'm willing to bet on NASDAQ:PPSI .
Reason to buy:
Low market cap - under $100m
high institutional volume - +4795% few days ago
Good for long term position trading
entered below $8.00 earlier. Starting to accumulate right now. I will continue to buy more when it dip below $8.
TP: $12+
good entry: $8 below
Repeating breakout patternLast Tuesday (idea linked at bottom) I thought $OPTT was following the $POLA path to a breakout. OPTT ended up nearly doubling and I think there is more to go. I wanted to provide a more comprehensive look at the pattern I have seen play out multiple times. My next idea will be 4 stocks that I believe are making this pattern that have yet to breakout.
The requirements appear to be an ascending triangle (less often, but still valid, a wedge/symmetrical triangle) with at least 2 'loop' patterns, all of these stocks are also microcaps (<300 million mkt cap). Also know that these are all log charts.
Interestingly, 3 of these stocks are found in the Electrical Equipment industry group (linked below)
finviz.com
$PPSI PT 12-17 and higherPioneer Power Solutions, Inc., together with its subsidiaries, manufactures, sells, and services specialty electrical transmission, distribution, and on-site power generation equipment in the United States, Canada, and internationally. The company operates in two segments, Transmission & Distribution Solutions and Critical Power Solutions. The Transmission & Distribution Solutions segment designs, develops, and manufactures low voltage electric power distribution panel boards, low voltage switchgears, and switchboards. The Critical Power Solutions segment provides aftermarket field-services to ensure smooth and uninterrupted power to operations during times of emergency. It serves utility, industrial, commercial, and backup power markets. The company was founded in 2008 and is headquartered in Fort Lee, New Jersey. Pioneer Power Solutions, Inc. is a subsidiary of Provident Pioneer Partners, L.P.
PPSI potential play . BEARSorBULLSInfo on the chart .
I have feeling many will pay attention to this tomorrow . Bulls & Bears . Normally stock gets cooled off after rally like this but you never know how much steam its left . Pre-market on this will be very active IMO< .
I think we can see pullback on opening but small rally its possible
Insider Buys Pioneer Power Solutions SharesInsider Buys Pioneer Power Solutions Shares
Mazurek Nathan filed a Form 4 with the SEC on Tuesday, August 25. The insider bought 1,000 shares at an average price of $1.40. After the transaction, the executive's stake in Pioneer Power Solutions Inc. moved to 31,000 shares.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an insider transaction can be an important factor in the investing decision.
When an insider buys stock after an important sell off, that can indicate the insider's faith in the success of the organization. Henceforth, if the stock is bought at new highs, it might be because the insider feels that the stock is not overvalued. Conversely, insiders who are selling stock at new lows can potentially indicate some kind of capitulation moment. Insiders selling at new highs can indicate that exec wants to "take some profit" and "lock in a gain."
Important Transaction Codes
Wall Street tends to focus on insider transactions which take place in the open market, viewed inside a Form 4 filing via codes P for purchase and S for sale. If the transaction was an open-market transaction, that means that the insider made a concious decision for the company's stock moving forward.
Transaction codes besides P or S aren't relatively important as they are seldom tied to a decision by the executive. For example, transaction code A is indicative of an insider being forced to sell shares to attain compensation. Moreover, transaction code C indicates the conversion of an option.
PPSI Has Bottomed, Expect A Big Move UpHello,
What is PPSI?
Pioneer Power Solutions, Inc. is an industry leader in the design and manufacture of electrical equipment for customers in the North American utility, industrial, commercial, OEM and critical power markets.
News
My Thoughts For You
I see that we have hit wave E in this channel and I now expect a move towards the upper channel. I see price testing this area, breaking through to resistance and retrace back to what was resistance is now turned support, from here if support holds we can expect a big move up equal to the size of the channel.
Good Luck, Cheers!
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