Long
$PLTR Potential Cup and Handle Setup - Swing Trade Idea
It's forming a nice cup base here. Would love to see it complete the pattern by pulling back a little to form the handle, and then bounce off the 20 and 50 day moving averages. Followed by a break above $24.66.
Additional bullish indicators:
- RSI broke through the 50 dotted line
- MACD gaining momentum
- Increasing Daily Volume
Additional bullish indicators:
- RSI broke through the 50 dotted line
- MACD gaining momentum
- Increasing Daily Volume
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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.