PALM just had a few indicators lined up for a possible bullish swing play.
As we can see on the chart :
1. Stochastic has just crossed the 20% line
2. Force Index is showing signs of bullishness
3. Palm has moved up from its consolidation below 11.62 and has crossed the Tenkan sen.
4. At this moment, the bullish trend has not been developed yet as there is no Tenkan sen – Kijun sen cross.