PLTR might drop, and this will be good! š
Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again.
Iām still waiting for a better risk-reward ratio, but Iām 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, Iām good just waiting. I would like to see it at the 22 again, but letās 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 āFollowā button to get more trading ideas like this, and if you agree with me, click on the āAgreeā button š.
See you soon,
Melissa.
Iām still waiting for a better risk-reward ratio, but Iām 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, Iām good just waiting. I would like to see it at the 22 again, but letās 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 āFollowā button to get more trading ideas like this, and if you agree with me, click on the āAgreeā button š.
See you soon,
Melissa.
