Long
$PLTR - Bull wave count
I see a ton of wave theory charts that show PLTR still correcting and possibly going sub 20 again before the real ripper. Although valid, I am not favoring that count.
PLTR is one of my favorite set ups right now. It has been holding up well during this sell off, and I expect that once the market correction finishes PLTR is going to be a leader and will be launching into the 30's again
PLTR has been seeing ample dark pool activity as of late, is above the POC, 30 week MA, and uptrend support below. I believe that is pointing towards wave 2 bottom is in, and we are in the midst of an impulse to the upside with a intermediate 3 PT close to 40 a share. Be mindful this could take months to materialize especially if market conditions continue to deteriorate.
PLTR is one of my favorite set ups right now. It has been holding up well during this sell off, and I expect that once the market correction finishes PLTR is going to be a leader and will be launching into the 30's again
PLTR has been seeing ample dark pool activity as of late, is above the POC, 30 week MA, and uptrend support below. I believe that is pointing towards wave 2 bottom is in, and we are in the midst of an impulse to the upside with a intermediate 3 PT close to 40 a share. Be mindful this could take months to materialize especially if market conditions continue to deteriorate.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.