We must watch these points from now on!
PLTR is having some rest now, and the BB are getting tight again. This is normal, as the RSI was showing PLTR was too overbought in the 30 min, but there's still a lot of room for it to go higher. We have been analyzing PLTR for some time now, and it has been doing some nice technical movements.
The 4h chart has a nice RSI advanced breakout, indicating that PLTR has more fuel to burn in the next days. The 22 area is the target for it, and so far, it is going well.
Also, although it is overbought in the 30 min, it is trading above the 20ma, and it is breaking the 20ma in the 4h chart too. The 22 is a target because it is one of the previous top, and the 61.8% fibs retracement.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
The 4h chart has a nice RSI advanced breakout, indicating that PLTR has more fuel to burn in the next days. The 22 area is the target for it, and so far, it is going well.
Also, although it is overbought in the 30 min, it is trading above the 20ma, and it is breaking the 20ma in the 4h chart too. The 22 is a target because it is one of the previous top, and the 61.8% fibs retracement.
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
