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(PLMR) On The My Stocks Page

Longer Term Trading Plans for PLMR
  • Buy PLMR slightly over 78.52 target n/a stop loss @ 78.29. Details
  • The technical summary data tells us to buy PLMR near 78.52, but there is no current upside target from the summary table. In this case we should wait until either an update to the summary table has been made (which usually happens at the beginning of every trading day), or until the position has been stopped. The data does tell us to set a stop loss 78.29 to protect against excessive loss in case the stock begins to move against the trade. 78.52 is the first level of support below 82.64, and by rule, any test of support is a buy signal. In this case, if support 78.52 is being tested, a buy signal would exist.

  • NONE . Details
  • NONE .
    There are no current resistance levels from the summary table, and therefore there are no Short resistance Plans which tell us to short upon tests of resistance. Resistance levels have broken higher and unless the stock reverses lower and below support levels again short positions look risky.

Swing Trading Plans for PLMR
  • Buy PLMR slightly over 83.63, target n/a, Stop Loss @ 83.39 Details
  • If 83.63 begins to break higher, the technical summary data tells us to buy PLMR just slightly over 83.63, with an upside target of n/a. The data also tells us to set a stop loss @ 83.39 in case the stock turns against the trade. 83.63 is the first level of resistance above 82.64, and by rule, any break above resistance is a buy signal. In this case, 83.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short PLMR slightly near 83.63, target 81.24, Stop Loss @ 83.87. Details
  • The technical summary data is suggesting a short of PLMR if it tests 83.63 with a downside target of 81.24. We should have a stop loss in place at 83.87 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 83.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Day Trading Plans for PLMR
  • Buy PLMR slightly over 83.63, target n/a, Stop Loss @ 83.43 Details
  • If 83.63 begins to break higher, the technical summary data tells us to buy PLMR just slightly over 83.63, with an upside target of n/a. The data also tells us to set a stop loss @ 83.43 in case the stock turns against the trade. 83.63 is the first level of resistance above 82.64, and by rule, any break above resistance is a buy signal. In this case, 83.63, initial resistance, would be breaking higher, so a buy signal would exist. Because this plan is based on a break of resistance, it is referred to as a Long Resistance Plan.

  • Short PLMR slightly near 83.63, target 82.48, Stop Loss @ 83.83. Details
  • The technical summary data is suggesting a short of PLMR if it tests 83.63 with a downside target of 82.48. We should have a stop loss in place at 83.83 though in case the stock begins to move against the trade. By rule, any test of resistance is a short signal. In this case, if resistance, 83.63, is being tested a short signal would exist. Because this plan is a short plan based on a test of resistance it is referred to as a Short Resistance Plan.

Real Time Updates are available on our Palomar Holdings Inc. (PLMR) Page here: PLMR.

PLMR Ratings for April 04:

Term →Near Mid Long
Rating Weak Strong Strong
P1 0 0 60.63
P2 80.43 81.24 69.42
P3 82.48 83.63 78.52
Triggers may have already come
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Support and Resistance Plot Chart for PLMR

PLMR Long Term Analysis for April 4 2024

Blue = Current Price
Red= Resistance
Green = Support

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Trading or Investing in Palomar Holdings Inc. (NASDAQ: PLMR) involves an observation of the technicals, every time.  This data reveals the current technicals.

Warning:

This is a static report, the data below was valid at the time of the publication, but support and resistance levels for PLMR change over time, so the report should be updated regularly.  Real Time updates are provided to subscribers.  Unlimited Real Time Reports.

Subscribers also receive market analysis, stock correlation tools, macroeconomic observations, timing tools, and protection from market crashes using Evitar Corte.  

Instructions:

The rules that govern the data in this report are the rules of Technical Analysis.  For example, if PLMR is testing support buy signals surface, and resistance is the target.  Conversely, if resistance is being tested, that is a sign to control risk or short, and support would be the downside target accordingly.  In each case, the trigger point is designed to be both an ideal place to enter a position (avoid trading in the middle of a trading channel), and it acts as a level of risk control too.

Swing Trades, Day Trades, and Longer term Trading Plans:

This data is refined to differentiate trading plans for Day Trading, Swing Trading, and Long Term Investing plans for PLMR too.  All of these are offered below the Summary Table.