Looks pretty much a h and s break confirmed with sort of rising wedge breaking down as well. looking at the gap below, I set three targets . purple area is a consolidation zone for pltr. I like plrt stock, but for now i am bearish. long term - defnitely a good stock to hold. ** Not a financial advice. these are just my personal opinion. **
Short on Wday as the h and s break happens. waiting for retest. *Not a financial advice. charts drawn here is only for educational purposes.*
this is for learning purposes only. just using simple trendlines and fib levels
*Just learning hence i could be all wrong.* falling from the h and s its fallen a lot and seems like reversing with inverse h and s and a double bottom and this happens around the fib level. seems like going to the 11 cent mark. i am getting a small position here
*I am just a beginner. Hence please refer to this only as my learning process* Bulllish pennant formation for bus.