Long
Palantir Tech,,, pullback
Uptrend
As I mentioned in my previous charts, one of the best cases for entry to buying position is a pullback and a good bullish candle on the S/R zone or line.
As you see in the chart, there is a breakout, pullback and two bullish candles as a trigger for entry. Having a small SL is an advantage of working on pullbacks, about 29 could be a sure place for setting up a stop loss. The next target is about 39.
Good luck.
As I mentioned in my previous charts, one of the best cases for entry to buying position is a pullback and a good bullish candle on the S/R zone or line.
As you see in the chart, there is a breakout, pullback and two bullish candles as a trigger for entry. Having a small SL is an advantage of working on pullbacks, about 29 could be a sure place for setting up a stop loss. The next target is about 39.
Good luck.
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