Prime Star Group (PSGI) Video Stock Chart May 11, 2011

The PSGI stock chart has been riding in a wide channel for several months, but yesterday’s rise in volume and share price has the pps pushing on the upper side of the channel and 52-week high at this point. The MACD and RSI are showing strong momentum in the chart which has it hitting the watchlist for a potential breakout this week.

Prime Star Group, Inc. (OTCQB:PSGI)

Prime Star Group, Inc. (PSGI) is a holding company that focuses on three areas of business:

SmartPaxTM Packaging. Prime Star Group’s propietary, safe, unique, efficient and environmentally friendly packaging system stores solids, liquids, ice and beverages of all types – from wine to industrial products. Additionally, SmartPax can be used hot or cold. Our subsidiary Intela-Pac, Inc. builds the machines that make SmartPaxTM, our non-alcoholic and alcoholic beverage producers use this packaging, and our distribution subsidiaries distribute those products to businesses across the country. SmartPax are also used for disaster relief services.

High-Quality Beverages and Foods. Prime Star Group’s subsidiary companies produce, market and distribute high-quality products: exclusive wines, healthy teas, adult mixed beverages, healthy flavored waters, and gourmet, all-natural seafood products (including the amazing Lobster Slider). We also co-brand and co-pack existing high-end beverages and private label liquors for large hospitality and entertainment brands.

Distribution. Once products are developed and packaged, they need to get to market. Our subsidiaries distribute into the beverage, food retail, entertainment, hospitality, medical and disaster relief markets. Additionally, our logistics company works with our distributors to ensure the entire supply chain remains efficient.

In addition to its great products and powerful marketing and distribution, Prime Star has a seasoned, successful management team that is committed to building great, profitable companies.