Soon we'll trade it, but not right now.
Yes, PLTR gave us a good trade, but right now it is dropping and we have no bullish pattern around. Yes, one may say that the 23.34 is a pivot point, and that we just hit a support level at the 20ma, but look at the 4h chart:
We just hit a resistance at 24, and the RSI looks overbought to me. I would buy it again if it corrects to the 22 area, but it feels it is too soon to buy PLTR again.
Either way, I’ll keep sharing my ideas with you, and hopefully we’ll do another trade on PLTR, but only after a correction to the 22 area.
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.
We just hit a resistance at 24, and the RSI looks overbought to me. I would buy it again if it corrects to the 22 area, but it feels it is too soon to buy PLTR again.
Either way, I’ll keep sharing my ideas with you, and hopefully we’ll do another trade on PLTR, but only after a correction to the 22 area.
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.
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