Long
Palantir Tech,,, pullback
Uptrend
As I mentioned in my previous charts, one of the best cases for entry to buying position is a pullback and a good bullish candle on the S/R zone or line.
As you see in the chart, there is a breakout, pullback and two bullish candles as a trigger for entry. Having a small SL is an advantage of working on pullbacks, about 29 could be a sure place for setting up a stop loss. The next target is about 39.
Good luck.
As I mentioned in my previous charts, one of the best cases for entry to buying position is a pullback and a good bullish candle on the S/R zone or line.
As you see in the chart, there is a breakout, pullback and two bullish candles as a trigger for entry. Having a small SL is an advantage of working on pullbacks, about 29 could be a sure place for setting up a stop loss. The next target is about 39.
Good luck.
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.