PLTR has yet to break the $ 20.30, the point we've been talking about lately, but the RSI has already a breakout. This is a classic Advanced Breakout, and this could make PLTR fly again.

The stock was very oversold when we started talking about it, and now it is about to do some rally.

The problem is that in the 30 min, we might see some retraction.

snapshot

Still, the 20.30 is the point we should be aware of, as it'll confirm all our theories about PLTR. The 22 is our target!

If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.

See you soon,
Melissa.
advancedbreakoutTechnical IndicatorsoversoldPLTRRelative Strength Index (RSI)Support and ResistanceTrend Analysis

Related publications

Disclaimer