ArticaAnalytica

1st Square Support Breaks

Long
NYSE:PLTR   Palantir Technologies Inc.
Please check my first PLTR analysis to understand how and where long entry was developed. 1st square support is still holding along with 2nd square support, but 3rd square (smallest square) has been broken today. Now watch for a break on the 2nd square (Quarter Square); If break then the same squares resistance (RED) applies to price action. If this occurs it just leads back to the 1 square support level, this is important to understand - especially if your call strikes are somewhere in this general area - at which case you may need to reassess your risk.

Made for Lil Beam

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.