Long
What are the bullish evidence in Palantir chart???
1- Closing above resistance level (Flat Top)
2- Increase +70% in trading value in comparison to average weekly trade, and +50% in comparison to monthly trade.
3- Crossing above 20 days EMA.
4- Long bullish candle that covers the buddy of the last 14 candles!
5- Closing above 20 EMA weekly ..!!!
* this is not on the chart but It is ranked 4th on WSB mentions today with 600% increase!
Please review my last 3 analysis on Palantir:
June 29th, 2021
keep it on your short watch list!
Trading volume Decreased from 140 M to 42 M, which means there is no buyer for Palantir at this level!
Wait for a clear short entry!
July 16, 2021:
Sensitive level of 21.50
21.50 is the most important level for Palantir to trade. In most cases, it has experienced a 12-27% bounce.
This is not a long-term trade setup!
August 5th, 2021:
Correction seems finished..!
2- Increase +70% in trading value in comparison to average weekly trade, and +50% in comparison to monthly trade.
3- Crossing above 20 days EMA.
4- Long bullish candle that covers the buddy of the last 14 candles!
5- Closing above 20 EMA weekly ..!!!
* this is not on the chart but It is ranked 4th on WSB mentions today with 600% increase!
Please review my last 3 analysis on Palantir:
June 29th, 2021
keep it on your short watch list!
Trading volume Decreased from 140 M to 42 M, which means there is no buyer for Palantir at this level!
Wait for a clear short entry!
July 16, 2021:
Sensitive level of 21.50
21.50 is the most important level for Palantir to trade. In most cases, it has experienced a 12-27% bounce.
This is not a long-term trade setup!
August 5th, 2021:
Correction seems finished..!
Note
closure between 24.5 - 25 is a good short term idea
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.
Use the following link to access trading ideas: patreon.com/SniperTraderStocks?utm_medium=unknown&utm_source=join_link&utm_campaign=creatorshare_creator&utm_content=copyLink
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.