Long
PLTR Creating A Nice Base
A nice cup pattern is forming with the correct volume to back it up. In the beginning stages of a pattern like this, I follow up daily with tight Stop Limits, better risk management, especially since the base has not begun on the right side. Very early analysis but IMO worth trading.
A healthy retracement into the purchase area on light volume will consider adding to position.
Wouldn't mind it remaining above the 50 MA either.
Alerts and Stop Limits while accumulating.
A healthy retracement into the purchase area on light volume will consider adding to position.
Wouldn't mind it remaining above the 50 MA either.
Alerts and Stop Limits while accumulating.
Note
nice bounce off the 50EMA and close above the 200EMA. 
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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.