I first saw the PRMW chart last year when it was in the 1’s and it looked like it could be putting in a nice bottom.
Then I forgot about it until it made the move over 2 and I saw it in a scan and told myself to remember it, as it was clearly looking good.
Fail. I forgot again until it went over 3 and I swore I would put it on the main watch list and guess what, yep forgot again.
Now it’s at 4 and the weekly chart looks like a perfect rounded bottom. I am going to stay with it this time and watch to see if it consolidates further here between 3.50 and 4 and then look for it to take out and stay above the 4.50ish level. I think that may present a good entry into this stock for a swing long trade.