PROM has aggressive buying pressure behind it, with the price trading near $5.13 after a sharp expansion. At this stage, the better risk setup is a pullback into the $5.00 area followed by a reclaim, rather than entering into the immediate strength. Holding that zone would keep the recent momentum intact.
EP
$4.98 - $5.08
TP
$5.28
$5.48
$5.72
SL
$4.82
If buyers defend the $5.00 area and reclaim $5.10, continuation toward the targets remains possible. Losing $4.82 decisively would weaken the short-term structure and invalidate the setup.
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