PLTR is doing good movements today! And here it is the strategy I’ll use on it:
If it breaks the red line, it’ll likely hit the 23.34. Then I’ll just wait for a good reversal candlestick / chart pattern around. If it doesn’t hit there, then I’ll trade better stuff, with better risk-reward.
The 4h chart makes me nervous. Yes, there’s the glimpse of a pennant here, but I rather buy when the charts are clearer to me. The good news is the 20ma, which is going up and perhaps it’ll hit the price soon.
This would be good, and would surely help me to trade PLTR, but it is too soon to say this.
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.
If it breaks the red line, it’ll likely hit the 23.34. Then I’ll just wait for a good reversal candlestick / chart pattern around. If it doesn’t hit there, then I’ll trade better stuff, with better risk-reward.
The 4h chart makes me nervous. Yes, there’s the glimpse of a pennant here, but I rather buy when the charts are clearer to me. The good news is the 20ma, which is going up and perhaps it’ll hit the price soon.
This would be good, and would surely help me to trade PLTR, but it is too soon to say this.
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.
