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AwesomeAvani
Apr 15, 2024 4:14 AM

PLTR LONG on a 0.5 Fib Pullback Long

Palantir Technologies Inc.NYSE

Description

PLTR services DOD and military contractors which is a growth industry given current geopolitical

backdrops. I see this as an opportune time to buy the dip which is a healthy correction from

a recent trend up. The idea is illustrated on this 120 minute chart with targets and stop loss.

Comment

Sideways in the early going. Patient.

Comment

Awaiting a buy stop trigger at 22.7 for an entry.

Comment

I may consider a short trade if price falls below 21.7 and retests it
Comments
Allure016
go short
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