10:43 PM – All three sell signals have already been called on PLMR, officially closing out the trade under our system. However, we continue to follow the stock as it remains technically sound. The sells were executed at $132.91 (+2.1%), $133.92 (+2.8%), and $151.30 (+16.17%), averaging out to a +7.69% gain on the full position. My final SELL SIGNAL on PLMR was a prudent call, as the stock was already breaking below its 10-day moving average, then fell much further the follow day.  Since then, the stock has continued to behave in near-textbook fashion, with only quickly-recovered dips below the important 10-day moving average.

While this trade is now closed, the strong follow-through underscores the importance of letting winners run. That said, this was a swing trade — and if it had been one of our Traditional BreakOuts, it would still be considered an active holding. For members who may still be holding shares, a break of the 10 DMA *$155.18) — especially if accompanied by a sharp drop in price and a spike in volume — would now qualify as a SELL SIGNAL under our standard rules.

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