Tea Time With Palantir - Pinkies Up 🍵
Palantir is forming a cup and handle on the weekly charts.
The volume reduction indicates pattern correlation meaning price action, based on that volume reduction, will probabilistic follow the chart formation and we should see some consolidation and ranging before moving higher.
That being said, earnings is coming up on 08/07/23 and this could act as a catalyst with a strong beat leading to continuation without a true handle forming.
The volume reduction indicates pattern correlation meaning price action, based on that volume reduction, will probabilistic follow the chart formation and we should see some consolidation and ranging before moving higher.
That being said, earnings is coming up on 08/07/23 and this could act as a catalyst with a strong beat leading to continuation without a true handle forming.
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Join The Spekre ACS Creator Pool and gain access to exclusive trading indicators, copy trading, exclusive content, and more tools in the future! Link: hub.accessprotocol.co/creators/J8TpW6cypxheFUYjWn4mxS6ExvBEMxyMiRvrf43Nhnvy
Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.