PLTR might drop, and this will be good! ๐
Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again.
Iโm still waiting for a better risk-reward ratio, but Iโm happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least.
The 4h chart looks very overbought, and it is in a resistance. Since we already did a phenomenal trade here, Iโm good just waiting. I would like to see it at the 22 again, but letโs see, maybe PLTR will do another bottom above it, like Tesla is trying to do.
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.
Iโm still waiting for a better risk-reward ratio, but Iโm happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least.
The 4h chart looks very overbought, and it is in a resistance. Since we already did a phenomenal trade here, Iโm good just waiting. I would like to see it at the 22 again, but letโs see, maybe PLTR will do another bottom above it, like Tesla is trying to do.
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.
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