Short
PLTR - Pullback Into the Spring Zone
Gambling on the correction movement. The current price structure offers an acceptable risk/reward ratio for a quick short. The Entry Signal is the inverted hammer closing below the support line. *** Fingers Crossed ***
|-------| Stop Loss: $16.80 |-------|
|
|------- Risk per trade: $1.20 -------|
|
|-------> Entry Price: $15.60 <-------|
|
V-------| Exit Goal: $13.80 |-------|
Note: This is not a long term short on the Palantir stock but a quick trade on the price action.
|-------| Stop Loss: $16.80 |-------|
|
|------- Risk per trade: $1.20 -------|
|
|-------> Entry Price: $15.60 <-------|
|
V-------| Exit Goal: $13.80 |-------|
Note: This is not a long term short on the Palantir stock but a quick trade on the price action.
Trade active
Opened a position at $15.60Note
Took the profit on 1/3 of the shares at $14.91 yielding average profit per share of $0.23Adjusted the Stop Level to the Entry price to protect the current profit.
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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.