Long
PLTR Long Idea
PLTR has had a great run recently, but it could get even better. It recently hit highs not seen since 2021. The $27 area was a huge area of resistance and it has broken above that and sustained for several days now. Looks great for a long in the event of a bullish day tomorrow after CPI, but I'd rather wait for a test of support that I've shown here. A long could also work if it came back to 28.40 area after moving higher.
Note
This did not work. I stopped out quickly after entering longs on the trendline. Instead of a nice bounce it led to a nice flush. Happens.
You reap what you sow.
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Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
You reap what you sow.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
ko-fi.com/shop/settings?src=sidemenu&productType=1
Disclaimer:
The ideas I post do not always represent my positions and they are intended for educational purposes. Trading is risky! Most traders lose money.
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