PLTR did exactly what we expected it would, again. It is extremely oversold in the 30min chart, and we could see a rally to the 26s at any moment. The question is, will it be a buy sign, or a dead cat bounce?
In the long run PLTR is a buy, but right now we must see more signs.
We lost the red line, and the RSI is at 38 rn. This tells me PLTR could drop a little bit more, but if it holds around 24.70, weโll see a rally to the 26s. It must do this movement quickly, and tomorrow, preferably.
Is there any hope for PLTR? Of course, and as I said, PLTR is a buy, especially for the long run.
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.
In the long run PLTR is a buy, but right now we must see more signs.
We lost the red line, and the RSI is at 38 rn. This tells me PLTR could drop a little bit more, but if it holds around 24.70, weโll see a rally to the 26s. It must do this movement quickly, and tomorrow, preferably.
Is there any hope for PLTR? Of course, and as I said, PLTR is a buy, especially for the long run.
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.
