Trendoscope

Trying something different with the same old instrument

Long
NYSE:PLTR   Palantir Technologies Inc.
This is not my usual trend following method. This is my experimental no nonstop strategy.

  • Using my multi-band overbought/oversold oscillator which is implying stock is slowly coming out of oversold area.
  • Price seems to be in squeeze and linear regression turning positive.
  • Seems to have crossed downward trend line and holding well.

No stoploss. Hence be cautious :)

The way I am trading this is through buying long bull call spreads so that losses are capped. (And also the profits)

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