This point could change everything! ๐Ÿ˜ฒ

The 21.57 is the most important line for us here. If we close above it, then weโ€™ll go up again. This would be very good, and PLTR is also in a support in the 4h chart:

snapshot

The 61.8 fibs retracement is holding us here, and the RSI is very oversold. Now we are about to fly again, but if PLTR breaks through the retracement, then itโ€™ll drop below the 20.

Maybe itโ€™ll give us a good chance to trade, maybe not. Weโ€™ll see.

If you liked this trading idea, remember to click on the โ€œFollowโ€ button to get more trading ideas like this, and if you agree with me, click on the โ€œAgreeโ€ button ๐Ÿ˜‰.

See you soon,
Melissa.
Technical IndicatorsoversoldrsipalantirPLTRRelative Strength Index (RSI)Support and ResistanceTrend Analysis

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