A Curated Platform of Equity & Options Market Intelligence
Select Page

Member Content

Small Cap Education Tech Growth Name Forms Weekly Bull Wedge

by | Dec 20, 2023

PowerSchool (PWSC) shares of the small cap education tech name continue to show relative strength in the market as it coils in a tight bull flag on the weekly chart and only closed down by 12 cents on Wednesday while the market sank into the close. PWSC has bullish MACD cross in play and staying above its 8-week EMA on the recent minor dip to 22 and now poised to see a breakout above the top of its one-year value area on a close over 24. The 1.272 fib extension measures to a target of 28.67 into early 2024 but a short-term retest of this years highs can seen into 26. Longer term PWSC likely is a winner in a growing education space that can see the stock eventually revisit its former 2021 highs at 36.50. The $4.7B cloud-based software provider of K-12 education also has a short float near 9% that can see breakouts accelerate higher.

Not a Member yet?
Subscribe to
OptionsHawk Premium
Subscribe

Options Hawk Max

$300 | 30 days

  • Options Hawk Trading Hub Live Chat
  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • Live Mock Portfolio
  • 1 on 1 Access
  • Hawk’s Trader Toolbox
  • Street Research
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • Weekly and Monthly OpEx Sheets
  • Notable Options Database
  • OptionsHawk Quarterly Market Brief

More About this Plan

Options Hawk Elite

$149 | 30 days

  • Hawk’s Market Blitz
  • Spotlight Trades (2 Per Week)
  • Market Recap
  • Weekly Earnings Snapshots
  • OptionsHawk Research
  • Daily Options Radar
  • OptionHawk’s Weekly Radar Report
  • Options Hawk Market Outlook Access
  • Daily Earnings Grid
  • OptionsHawk Quarterly Market Brief

More About this Plan