PLTR - Pullback Into the Spring Zone

Oct 2, 2023

Gambling on the correction movement. The current price structure offers an acceptable risk/reward ratio for a quick short. The Entry Signal is the inverted hammer closing below the support line. *** Fingers Crossed ***

|-------| Stop Loss: $16.80 |-------|
|
|------- Risk per trade: $1.20 -------|
|
|-------> Entry Price: $15.60 <-------|
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V-------| Exit Goal: $13.80 |-------|


Note: This is not a long term short on the Palantir stock but a quick trade on the price action.

Oct 3, 2023

Trade active

Opened a position at $15.60

Oct 3, 2023

Note

Took the profit on 1/3 of the shares at $14.91 yielding average profit per share of $0.23

Adjusted the Stop Level to the Entry price to protect the current profit.