Is the push-up for PLTR over?
Palantir stock has been supported by the ascending trendline shown on the chart for the past two days... hence acting as a good support.
The asset pushed up yesterday, but dropped a bit after hitting the descending TL acting as resistance, as shown.
VIEWS for entry
1. Enter with current market price
entry: $121.8
SL: $118.8
TP1: $133.8
2. Be conservative for a breakout
entry: $124 zone
SL: $120.9
TP2: $134
The two trades
RR 1:3.84 & 1:2.55
Palantir stock has been supported by the ascending trendline shown on the chart for the past two days... hence acting as a good support.
The asset pushed up yesterday, but dropped a bit after hitting the descending TL acting as resistance, as shown.
VIEWS for entry
1. Enter with current market price
entry: $121.8
SL: $118.8
TP1: $133.8
2. Be conservative for a breakout
entry: $124 zone
SL: $120.9
TP2: $134
The two trades
RR 1:3.84 & 1:2.55
Note
Both trades have been activated.Let's see how far we go
Trade fermée: cible de profit atteinte
Both TP1 and TP2 were hitPublications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
