Plantir Needs to Refuel
Updated
Contrary to the recent comments from James Cramer that he "liked" Plantir, every stock has its season ... and appears it's Winter time for this one ... and simply "liking" a stock doesn't mean you should buy it!!
I charted this guy out in about 10-15 minutes after a large iced mocha ;)
Inspiration early in the morning is key; just say'n.
Using key Fibonacci retracement and extension levels, Fibonacci circles, relevant correlative trend lines to build out the channels ... it's easy to see how the proper technical analysis, removing emotions, identifying key channels, identifying key patterns, etc. anyone can come up with a non-emotional stock charting strategy.
I see TOO many people trading on emotion ... get busy building your OWN strategy, quit watching the worthless news, quit taking other people's advice (except for mine) and "do your OWN homework".
AND, just don't take my chart for granted. Pick it apart, piece by piece, and really understand the details of WHY and WHAT and WHERE. Dare you.
Appreciate any feedback ! AND, enjoy every sandwich along the way!
I charted this guy out in about 10-15 minutes after a large iced mocha ;)
Inspiration early in the morning is key; just say'n.
Using key Fibonacci retracement and extension levels, Fibonacci circles, relevant correlative trend lines to build out the channels ... it's easy to see how the proper technical analysis, removing emotions, identifying key channels, identifying key patterns, etc. anyone can come up with a non-emotional stock charting strategy.
I see TOO many people trading on emotion ... get busy building your OWN strategy, quit watching the worthless news, quit taking other people's advice (except for mine) and "do your OWN homework".
AND, just don't take my chart for granted. Pick it apart, piece by piece, and really understand the details of WHY and WHAT and WHERE. Dare you.
Appreciate any feedback ! AND, enjoy every sandwich along the way!
Note
*** See my new chart with updated price point & pattern. ****
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