PALANTIR - Wait For The Trigger!

PALANTIR is approaching a strong support zone in green we will be looking for buy setups on lower timeframes.

on M30: PLTR formed a valid trendline in red but it is not ready to go yet.

Before we buy, we want the buyers to prove that they are taking over again.

Trigger => Waiting for a momentum candle close above the last major high and 20.0 to buy.

Meanwhile, until the buy is activated, PALANTIR would be overall bearish and can still trade lower.

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich