$PROM
🛠 Intraday Trade Signal
Component Level(s)
Entry Zone $7.50 – $7.60 (near recent bounce zone)
Stop Loss $7.38 (just under today’s low/support)
Take Profits • TP1: $7.89 (intraday resistance) • TP2: $8.10–8.20 • TP3: $8.38–8.50 (momentum breakout range)
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🚀 Trade Strategy
1. Entry: Initiate a long position at $7.50–7.60, ideally during a dip toward this zone.
2. Stop‑Loss: Set at $7.38—a decisive support level.
3. Profit‑Taking:
Sell ~50% at TP1 ($7.89), locking initial gains.
Trail stop to breakeven; target TP2 ($8.10–8.20).
Hold remaining for TP3 ($8.38–8.50) if momentum and volume support it.
4. Volume/Pattern Watch: A break above $7.90–7.95 with rising volume confirms path toward TP2/TP3 .