Palantir is obeying technical analysis and it is behaving according to the plan.
Today it is breaking the 26.71, the breakpoint that would resume the bull trend, as we talked about I my last analysis. The only thing that could trigger a pullback is if PLTR loses the 26.71 again and make this a false breakout.
But we are good for now, and we shouldnโt worry about what didnโt happen.
The problem is that PLTR is overbought in the 4h chart, and if we see a bearish pattern here, it could trigger a pullback. But since we donโt have one, we are ok. ๐
Even if it drops, this doesnโt change our target at 30. Iโll keep you guys update in a daily basis!
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.
Today it is breaking the 26.71, the breakpoint that would resume the bull trend, as we talked about I my last analysis. The only thing that could trigger a pullback is if PLTR loses the 26.71 again and make this a false breakout.
But we are good for now, and we shouldnโt worry about what didnโt happen.
The problem is that PLTR is overbought in the 4h chart, and if we see a bearish pattern here, it could trigger a pullback. But since we donโt have one, we are ok. ๐
Even if it drops, this doesnโt change our target at 30. Iโll keep you guys update in a daily basis!
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.
