Is the push-up for PLTR over?
Palantir stock has been supported by the ascending trendline shown on the chart for the past two days... hence acting as a good support.
The asset pushed up yesterday, but dropped a bit after hitting the descending TL acting as resistance, as shown.
VIEWS for entry
1. Enter with current market price
entry: $121.8
SL: $118.8
TP1: $133.8
2. Be conservative for a breakout
entry: $124 zone
SL: $120.9
TP2: $134
The two trades
RR 1:3.84 & 1:2.55
Palantir stock has been supported by the ascending trendline shown on the chart for the past two days... hence acting as a good support.
The asset pushed up yesterday, but dropped a bit after hitting the descending TL acting as resistance, as shown.
VIEWS for entry
1. Enter with current market price
entry: $121.8
SL: $118.8
TP1: $133.8
2. Be conservative for a breakout
entry: $124 zone
SL: $120.9
TP2: $134
The two trades
RR 1:3.84 & 1:2.55
Uwaga
Both trades have been activated.Let's see how far we go
Transakcja zamknięta: osiągnięto wyznaczony cel
Both TP1 and TP2 were hit
Powiązane publikacje
Wyłączenie odpowiedzialności
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Powiązane publikacje
Wyłączenie odpowiedzialności
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.