Long
$PLTR - Possible inverse head and shoulders
The diving board pattern played out and reached 27.50. If you exit at 27 after diving board pattern was published. congrats!
Now it looks like the right shoulder could form for the inverse head and shoulder pattern.
Neckline - $27.5
Entry - $21 to 22. (High risk greedy entry)
Stop loss - $18
Good case - $27
Best Case - $37 (if the neckline breaks.)
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
Now it looks like the right shoulder could form for the inverse head and shoulder pattern.
Neckline - $27.5
Entry - $21 to 22. (High risk greedy entry)
Stop loss - $18
Good case - $27
Best Case - $37 (if the neckline breaks.)
———————————————————
How to read my charts?
- Matching color trend lines shows the pattern. Sometimes a chart can have multiple patterns. Each pattern will have matching color trend lines.
- The yellow horizontal lines shows support and resistance areas.
- Fib lines also shows support and resistance areas.
- The dotted white lines shows price projection for breakout or breakdown target.
Disclaimer: Do your own DD. Not an investment advice.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.
I am not a licensed professional. None of the posts that I published are investment advice. Do your own research.
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.