$PROM
Breakout Confirmation – Momentum is Building
PROM is consolidating tightly above the 24H low of 1.110, with volume thinning—a classic compression before expansion. Recent rejection at 1.164 is being absorbed, and the descending wedge on the 4H is nearing resolution.
A clean break above 1.164 triggers the next leg up. The 30-day (+10.78%) and 90-day (+15.72%) momentum indicates accumulation. This is a momentum play.
EP: 1.165 (Breakout confirmation)
TP1: 1.170
TP2: 1.200
TP3: 1.250
SL: 1.105
Risk/Reward: Favorable. Stick to the plan—this is where conviction pays.
$PROM
#YenHitsFourDecadeLowVsDollar
#SuperMicroTaiwanRaidedInChipSmugglingProbe
Breakout Confirmation – Momentum is Building
PROM is consolidating tightly above the 24H low of 1.110, with volume thinning—a classic compression before expansion. Recent rejection at 1.164 is being absorbed, and the descending wedge on the 4H is nearing resolution.
A clean break above 1.164 triggers the next leg up. The 30-day (+10.78%) and 90-day (+15.72%) momentum indicates accumulation. This is a momentum play.
EP: 1.165 (Breakout confirmation)
TP1: 1.170
TP2: 1.200
TP3: 1.250
SL: 1.105
Risk/Reward: Favorable. Stick to the plan—this is where conviction pays.
$PROM
#YenHitsFourDecadeLowVsDollar
#SuperMicroTaiwanRaidedInChipSmugglingProbe