Clear squeeze setup forming at ATH after massive post-earnings momentum. Volume steadily declining over 5 days with significant volatility contraction. BB-KC squeeze (green bands compressing within Keltner) typically precedes major directional move.
Bearish thesis:
- Overbought conditions
- Volume decline
- Multiple timeframe squeeze potential
- Rich valuations
Trade plan if bearish break:
- Call credit spread above ATH wick
- Leveraged inverse ETF position
- Entries on volume confirmation + EMA breaks
- Stops: Above EMAs (if broken) or ATH (if holding)
Watching 4H/1D charts for squeeze alignment. Key trigger = strong red candle + volume spike.
⚠️ Risk management is critical here. Despite bearish setup, never underestimate bull market psychology on momentum names.
Position size accordingly. No trade is guaranteed.
#Trading #TechnicalAnalysis #PLTR
(Not financial advice - DYOR)
Bearish thesis:
- Overbought conditions
- Volume decline
- Multiple timeframe squeeze potential
- Rich valuations
Trade plan if bearish break:
- Call credit spread above ATH wick
- Leveraged inverse ETF position
- Entries on volume confirmation + EMA breaks
- Stops: Above EMAs (if broken) or ATH (if holding)
Watching 4H/1D charts for squeeze alignment. Key trigger = strong red candle + volume spike.
⚠️ Risk management is critical here. Despite bearish setup, never underestimate bull market psychology on momentum names.
Position size accordingly. No trade is guaranteed.
#Trading #TechnicalAnalysis #PLTR
(Not financial advice - DYOR)
Note
Quick note on timeframe analysis:The 1H gives us faster signals but remember: while great for catching short-term moves and potentially forecast larger moves in slower timeframes it can fake you out.
The real meat is in the daily. Not as exciting, but way more reliable for swing positions. Less false breakouts, cleaner trends.
Pro tip: Always sync multiple timeframes. If daily confirms your 1H read? Now we're talking. If they conflict? Patience usually pays.
Trade what you see, not what you want to see.
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.
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.