$PROM Coiling for Breakout – $9.50 in Sight?

PROM is consolidating near recent highs after a strong vertical rally. Holding above the $8.80 support zone with decent volume – a move above $9.00 could launch the next leg up.

Key Levels to Watch

• Breakout Zone: $9.00

• Support Zone: $8.50 – $8.80

• Volume: Steady with healthy accumulation

Trade Setup

Bullish Bias

• Entry: $8.90 – $9.00

• Target 1: $9.40

• Target 2: $9.85

• Stop Loss: $8.60

Bearish Rejection

• Entry: Below $8.50

• Target 1: $8.10

• Target 2: $7.60

• Stop Loss: $8.95

PROM is showing strength above breakout structure and looks ready to test psychological $9+. If volume spikes and bulls hold $8.80, continuation is likely. But any slip below $8.50 could drag it back into range.

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