TK0421

PLTR long swing trade idea

Long
NYSE:PLTR   PALANTIR TECH INC
On hourly chart, there is clear bullish falling wedge . Objective entrance when it breaks out of bulling falling wedge . If it gaps up, maybe take a small position in case it rips, but otherwise add on when it back test the wedge . Oversold reading on RSI and divergent low additionally increase odds in favor of bounce here. $31.18 is a solid support. Probably set a stop somewhat below depending on your target.

Have a good trade everyone,

T.

Comments

where is next support, 27 or 25? TIA
Reply
TK0421 HHSPN
@HHSPN, there is decent support around $25.25
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar About Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Private Messages Chat Sign Out