Yes, PLTR did the pullback as we expected, and it hit the target we mentioned yesterday.
In the beginning of the day, PLTR opened outside the BB, but it closed the first candle inside it, indicating exhaustion. It also hit the support we talked about in the 4h chart.
But before we switch timeframes, look at the pivot at 24.93. If PLTR breaks it, probably we’ll see it going higher in the next days.
The target we talked about was the red line, which worked fine today. If PLTR breaks the pivot, the 26 is the target. But if PLTR loses the 24.18 then the bullish configuration won’t work anymore.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
In the beginning of the day, PLTR opened outside the BB, but it closed the first candle inside it, indicating exhaustion. It also hit the support we talked about in the 4h chart.
But before we switch timeframes, look at the pivot at 24.93. If PLTR breaks it, probably we’ll see it going higher in the next days.
The target we talked about was the red line, which worked fine today. If PLTR breaks the pivot, the 26 is the target. But if PLTR loses the 24.18 then the bullish configuration won’t work anymore.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
