Long
Palantir (PLTR) opinion (Technical)
Updated
Palantir stock seems to make a breakout from the continuous uptrend from the start of the new year.
Seem that we will be in a consolidation area, though this stock is one of my favorite.
I have a buy position from 29.50 and I will buy again at 25.50 if we reach this level.
After that we have one more support zone at almost 24.00 and one more at 22.00 as we see in the picture.
If we will see these prices I will buy again, waiting for the uptrend which is very possible in my eyes.
Thank you for reading this.
It is my first article.
Seem that we will be in a consolidation area, though this stock is one of my favorite.
I have a buy position from 29.50 and I will buy again at 25.50 if we reach this level.
After that we have one more support zone at almost 24.00 and one more at 22.00 as we see in the picture.
If we will see these prices I will buy again, waiting for the uptrend which is very possible in my eyes.
Thank you for reading this.
It is my first article.
Note
I want to add something I forgot. Big Sharks in Market who can move a stock fo example, (ARK) said that bought 1.500.000 pieces of palantir (I had an information that the correct number is 4.000.000 but I do not know if it is true.
With this, I want to say that this stock has a briliant future. We may see even 18.00 but I will support my opinion to buy dip!!!!
Trade active
Goodmorning everyone!!!As I showed in my graph we are in the next support zone at ~25.50. Of course I bought again as I said. And i will do it again if we reach that point, at ~24.00. I have not read many information yet.
NOTE: This stradegy is ONLY for me. I do not propose anyone follow what I do!!! I follow this stradegy with this stock (PLTR) and almost the same for EDIT and NNOX. I will post my opinion later for the other two.
Thank you everyone!
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.