In the 30min we have a trading range between the 25.05 and the 25.55, and to the side it breaks, weโll see a big movement afterwards in the breakoutโs direction. The RSI is enigmatic, and donโt give us any clue about to which side itโll break.
PLTR is in a slow bull trend, but if it breaks the 25.05, itโll most likely lose the red line and it wonโt hit our target as soon as we expect. On the other hand, if it breaks the 25.55, then I believe weโll start to fly again.
PLTR has been losing its volatility, but at one point itโll recover it, and weโll see some nice movements next. Letโs keep our eyes open around these two breakpoints just in case.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
PLTR is in a slow bull trend, but if it breaks the 25.05, itโll most likely lose the red line and it wonโt hit our target as soon as we expect. On the other hand, if it breaks the 25.55, then I believe weโll start to fly again.
PLTR has been losing its volatility, but at one point itโll recover it, and weโll see some nice movements next. Letโs keep our eyes open around these two breakpoints just in case.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.