Long
PLTR: Buy idea
On PLTR we are in a bearish channel situation, with an attempt to break the vwap by buyers. This seems to us to be a high probability of seeing the market go higher with confirmation also of the break of the resistance line by a large green candle and followed by a large green volume.
However, let's be careful because there can also be a reversal of the trend with the support line breaking forcefully by a large red candle and followed by a large red volume. It must be said, the market is often unpredictable.
However, let's be careful because there can also be a reversal of the trend with the support line breaking forcefully by a large red candle and followed by a large red volume. It must be said, the market is often unpredictable.
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