PWRM looks tired. I've included some charts to briefly illustrate my point. The 50-week is at just above 0.03 (still not indicating a bearish reversal), and the daily, however, looks like the MACD will turn bullish today. A re-test of 0.10 on the upside appears imminent.
I should note that overbought conditions can last for a lot longer than appears reasonable. The chart is still bullish, but profit taking may dominate the stock for a while.
Here's the
daily chart of PWRM, and here's the
weekly chart of PWRM to review yourself.
Happy trading,
DDD