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%)