Wednesday Evening
Updated
Mid week is over and the first half of the week has not been convincing for Palantir. I don't expect a change of the mood for the remaining 2 trading days so that I assume that the weekly picture will rather remain gloomy.
At moment the weekly candle looks like an emerging star. Thus next week may become corrective.
I expect the momentum to decline tomorrow or on Friday.
At moment the weekly candle looks like an emerging star. Thus next week may become corrective.
I expect the momentum to decline tomorrow or on Friday.
Trade closed: stop reached
Palantir proves to be strong. I am taking some loss and reduce my short position now.Trade active
There is still a short position open but the risk has been reduced.Trade closed: stop reached
Well done to reduce the short position. I am closing the little remainder.
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