THU 4/10: PLMR – One of the Strongest Stocks in This Market

PLMR has been one of the strongest stocks in the market over the past several weeks.

Since its gap-up breakout on earnings in mid-February, PLMR has been trending higher, showing excellent relative strength. Aside from a brief pullback to the 50-day moving average (50 DMA) on Monday—which acted as solid support—the stock has maintained its uptrend and recently hit new price highs.

Technical snapshot:

  • Relative Strength Rating: 96

  • Composite Rating: 98

  • RS Line: Hitting new highs ahead of price, a bullish signal

  • Volume: Above-average on up days, lighter on pullbacks—confirming institutional support

  • 10 DMA: The stock continues to hold above this KEY moving average.

I have called two SELL SIGNALS on the first buy and one on the second buy:

  • 3/17 at $132.91 (+2.1%)

  • 4/4 at $133.92 (+2.8%)

  • For the second buy, 4/4 at $133.92 (+1.3%)

 

 

 

FRI 12:14 AM: Today’s Action in PLMR Triggered My BUY Signal

Late Friday afternoon I got a 1/3 position in PLMR at $130.24.

At that time, it was trading higher from its 10 DMA with a volume increase.

Shares have been in a healthy uptrend since the sharp gains made on earrings 30-days ago.

At this point, there is basically no resistance in the way of further price progress.

However, a break of the 10-day moving average, currently at $128.41 would be a SELL signal.

 

SYM LAST $ CHG % CHG BUY DATE BUY PRICE BUY TIME SIZE %G/L
PLMR $131.77 $4.38 +3.44 3/14/2025 $130.24 3:47 1/3 +1.17%

 

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For more than 8 years James had served as Editor-in-Chief of an independently licensed website that offered stock reports and services based on the CAN SLIM® investment system.

He has developed a knack for being able to quickly and accurately analyze high-ranked stocks based on this winning investment strategy.

Over the years, Mr. Taulman has enjoyed assisting individuals from professional money managers to private investors with their needs in relation to implementing this investment approach on a daily basis in the current marketplace.

Each Sunday you could hear him deliver his weekly market report as part of the “Your Money Matters” radio program on ABC and CBS radio networks.

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