PriceSmart’s (NASDAQ: PSMT) stock price action cleared a significant hurdle in 2025, crossing to new all-time highs early in the year. The move signals a base case for $45 upside: the market broke out of a $45 trading range and later confirmed prior resistance (the top of the range) as its new support level.
This is a textbook movement signalling a base case equal to the trading range, and a bull case worth the percentage gain from the bottom to the top of the range. As of early 2026, following the recent earnings release for Q1 of the company's fiscal 2026, this market is on track to hit its base-case target before mid-2026.
