Long
Palantir | Long | Saruman wants it back
This is a follow up of my previous Palantir analysis. (See related ideas). Read it if you want to know where i placed my buy orders.
The original swing created a range in which price kept moving around (mostly above the 50%) - which indicates to me in general upwards strength.
With the range high taken out, price constantly moved between the upper resistance level and the 50% before breaking down.
As the range low was now taken out i see a retest of the 50% and or even break above it.
A small obstacle to overcome is the lower resistance level - which i think will hold price for a short period of time down. A very conservative target to close the position atleast parts of the position would be the lower resistance level
Additional:
The orange markins are engulfs of range high or support / resistance levels
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
The original swing created a range in which price kept moving around (mostly above the 50%) - which indicates to me in general upwards strength.
With the range high taken out, price constantly moved between the upper resistance level and the 50% before breaking down.
As the range low was now taken out i see a retest of the 50% and or even break above it.
A small obstacle to overcome is the lower resistance level - which i think will hold price for a short period of time down. A very conservative target to close the position atleast parts of the position would be the lower resistance level
Additional:
The orange markins are engulfs of range high or support / resistance levels
Good luck
Disclaimer:
- This information does not constitute as financial advice and is only for educational purposes. I am not your financial advisor.
- You trade entirely at your own risk
- Make your own research
- Finance and trading is evil, capitalism is bad, duh ;)
Uwaga
Nice reaction (12%) since retake of range bottom and retest of itZlecenie aktywne
Uwaga
Nice run so far, PLTR currently at the first lower resistance level (orange line)Uwaga
Trade B1 (+90.81%) closed at target. B2 still open till the final target zone.Transakcja zamknięta: osiągnięto wyznaczony cel
Will close the remaining 50% of the position
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.
Powiązane publikacje
Wyłączenie odpowiedzialności
Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.