Most information is present on the chart here.
PLTRs long term existence, unique technological products and customer base of high-profile Us Government Agencies all add up to a Value deeply beyond $22.
Its revenue stream has grown over 45% in year 2020, with predictions for the same again in 2021 as PLTR has begun to open its doors to a wider base of customers...
I see a potential re-accumulation phase with NIO stock. The earnings release is on March 1st and is looking to be a postive one so this could be a great catalyst for the stock and fuel a push higher as projected on the chart.
I see $45 as our absolute low where we must bounce. If we can accumulate at this price the stock will be in a great position.
Trade Idea - 💡
On the 4h, a distribution schematic began to form in the 4hr BTS POI which was targetted for the original buys.
Over the course of the schematic played out until Friday until price rallied to create a new high, this was the first confirmation that we may be seeing a reaccumulation which would tally well with the higher timeframe...