Logarithmic chart for the parabolic move
White trendlines - Ascending broadening wedge (Bearish)
Yellow trendline - Primary trend and final target
Looking for a H&S play out here on PLTR for the next 2 quarter.. I don't think this stock ever breaks back over 100.00 this year!
The head is forming now and will be completed at 63.00.. then comes the right shoulder...
The top is in , the rest of these moves are distribution
White trendlines - Ascending broadening wedge (Bearish)
Yellow trendline - Primary trend and final target
Looking for a H&S play out here on PLTR for the next 2 quarter.. I don't think this stock ever breaks back over 100.00 this year!
The head is forming now and will be completed at 63.00.. then comes the right shoulder...
The top is in , the rest of these moves are distribution
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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.