(This is not financial advice)
Hey everyone I made this chart on PLTR a few days ago and so far I am in the green and is turning out as expected so take this as you wish I setup some price targets and my entry was 21.50.
I really like Palantir as a company and stock. Both long and short term I think they are very undervalued and have a lot of potential. For this play I would be looking to buy 20-23 for entry with a stop loss of 19.50 or somewhere around there. Looking to break out of this resistance off this support. People are starting to move back into tech and innovation stocks like PLTR so I think this a good swing trade over a few days and maybe weeks taking profits at price targets on the way up.
Let me know what you think and if you agree or disagree in the comments. Also be sure to like and follow.
Thanks for checking out my Idea!
- Vlaire
Hey everyone I made this chart on PLTR a few days ago and so far I am in the green and is turning out as expected so take this as you wish I setup some price targets and my entry was 21.50.
I really like Palantir as a company and stock. Both long and short term I think they are very undervalued and have a lot of potential. For this play I would be looking to buy 20-23 for entry with a stop loss of 19.50 or somewhere around there. Looking to break out of this resistance off this support. People are starting to move back into tech and innovation stocks like PLTR so I think this a good swing trade over a few days and maybe weeks taking profits at price targets on the way up.
Let me know what you think and if you agree or disagree in the comments. Also be sure to like and follow.
Thanks for checking out my Idea!
- Vlaire