Palomar Holdings Inc

PLMR remains in a Stage 2 advance with higher highs and higher lows reinforcing a bullish medium-term bias, but the short-term is neutral as price tracks the 9- and 20-day EMAs above the rising 200-day SMA. With no clear timing edge, defer new buys and stalk pullbacks into the $125–$127 support band or into the rising EMAs on signs of stabilization. A decisive break below the 200-day SMA would invalidate this approach.

• ↑Q2 revenue surged 54.7% YoY to $314.4M; EPS $2.36 beat
• ↑Net margin at 20.1% and ROE at 22.6% highlight efficiency
• ↓High catastrophe risk can trigger large underwriting losses