xtremerider8

PLTR upcoming new cycle W3 if BO >12, then 16 & 20 will be next.

Long
NYSE:PLTR   Palantir Technologies Inc.
The 2020 low of PLTR is 8.90 which it broke below to make an ABC (A=C) at near 7.21 my max pain zone.
Max risk is only at 7.21 but the upsides are 8.90, 16 & 20. VERY GOOD risk to reward ratio.
A new Elliott wave cycle may have begun if PLTR holds the green 7.21 zone.
Not trading advice

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.