Updated
PLTR - Buy on Dip ??
This week we are seeing PLTR closing Fast Turtle Buy above weekly EMA20 with relatively higher volume which result in FiFT spike.
Daily chart looks good too as it breaks EMA50 after Buy on Dip signal bounce from EMA200.
Price is closing above VPOC 24.8 which I regards as immediate Strong Support.
23 is key support to maintain Higher Low uptrend price structure
MCDX Banker 17% exceeding Retailer 9% volume
Banker's % staying above Banker's MA indicating Banker is getting into position.
I expect Banker's MA to GOLDEN CROSS above Retailer's MA in next few days
FiFT remain +ve indicating BULL is relatively stronger than BEAR.
Upward gaining MOMENTUM
RISK - Earnings 18 Nov
Current price to 23 support level is about 10% risk.
Still not too late to get into position to build profit buffer and hold through the earnings.
Support : 24.5, 23
Immediate Resistance : 29.22, 30-31.5 GAP to fill
Target : 30-32 by early DEC
Daily chart looks good too as it breaks EMA50 after Buy on Dip signal bounce from EMA200.
Price is closing above VPOC 24.8 which I regards as immediate Strong Support.
23 is key support to maintain Higher Low uptrend price structure
MCDX Banker 17% exceeding Retailer 9% volume
Banker's % staying above Banker's MA indicating Banker is getting into position.
I expect Banker's MA to GOLDEN CROSS above Retailer's MA in next few days
FiFT remain +ve indicating BULL is relatively stronger than BEAR.
Upward gaining MOMENTUM
RISK - Earnings 18 Nov
Current price to 23 support level is about 10% risk.
Still not too late to get into position to build profit buffer and hold through the earnings.
Support : 24.5, 23
Immediate Resistance : 29.22, 30-31.5 GAP to fill
Target : 30-32 by early DEC
Trade active
Slow Turtle Sell signal is out.
FiFT become -ve
Back to support / ema200
Cut If candle close below EMA200 and trendline.
Trade closed: stop reached
Break trend line
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
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.
Contact me to learn Turtle Trading System, MCDX and other indicators (t.me/SgxFx)
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
tradingview.com/script/mbiUr95n-MCDX-Plus/
tradingview.com/script/mcAidXIT-FiFT-Pro/
tradingview.com/script/viAR3Ilo-Trend-Sign
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.