CheelooTrader

PLTR - Showing strength again

Long
CheelooTrader Updated   
BATS:PLTR   Palantir Technologies Inc.

  • Held 18.50 again and printed a green candle at the previous high around 20
  • Another test and hold of that level could trigger a squeeze to 23.
  • I added more at 20 yesterday and will add above 20 if it continues to build. It can reach 28 on next upward move.
  • Close below will invalidate this hypothesis.
Trade closed: stop reached:
As expected, close below hit my stop loss...I am out.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.