Long
PLTR Long Idea
PLTR has had a great run recently, but it could get even better. It recently hit highs not seen since 2021. The $27 area was a huge area of resistance and it has broken above that and sustained for several days now. Looks great for a long in the event of a bullish day tomorrow after CPI, but I'd rather wait for a test of support that I've shown here. A long could also work if it came back to 28.40 area after moving higher.
Note
This did not work. I stopped out quickly after entering longs on the trendline. Instead of a nice bounce it led to a nice flush. Happens.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Related publications
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.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
Related publications
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.