Dead Cat Bounce or Real Reversal? 📉➡️📈
After taking a heavy beating last week, $PROM has rebounded +20.70% to $1.41. This looks like a classic recovery from oversold conditions rather than a new trend just yet. Traders should watch for a daily close above $1.50 to confirm if the bottom is truly in.
A risky but profitable relief rally; tighten your stop-losses.
Is this the bottom for PROM?