Palantir - Look at this bullish fakeout!

Jul 2

🔥Palantir (PLTR) might create a nasty fakeout:

🔎Analysis summary:

Just last month Palantir created a nasty monthly candle of about -25%. With this massive drop, Palantir also broke major support towards the downside. This month however, bulls are stepping in aggressively and potentially turning this into a bullish false breakdown.

📝Levels to watch:

$130

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 9

Trade active

🔥Palantir (PLTR) is creating a short-squeeze:

🔎Analysis summary:

Since the beginning of July, Palantir is already up about +10% in one week. And looking at the higher timeframe breakdown, this move could lead to a significant short-squeeze. We just have to see the final bullish confirmation in the very near future.

📝Levels to watch:

$130

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)

Jul 17

Trade closed: target reached

🔥Palantir (PLTR) is almost totally bullish:

🔎Analysis summary:

Over the past two weeks, Palantir already rallied a nice +15% while the entire market remains weak. Together with this potential false breakdown, this is slowly shifting into a very bullish view. We just have to wait for the monthly candle of July to finally close.

📝Levels to watch:

$130

Keep your #LONGTERMVISION🙏
— Phil (TheTraderPhil)