WCLD Entry, Volume, Target, StopEntry: with price above 33.25
Volume: with volume greater than 513K
Target: 38.30 area (this is an area, no guarantee it reaches this price, but you should be selling on the way up)
Stop: Depending on your risk tolerance; Based on an entry of 33.26, 30.75 gets you 2/1 Reward to Risk Ratio.
This LONG swing trade idea is not trade advice and is strictly based on my ideas and technical analysis. No due diligence or fundamental analysis was performed while evaluating this trade idea. Do not take this trade based on my idea, do not follow anyone blindly, do your own analysis and due diligence. I am not a professional trader.
Entryprice
PLTR Predicted Trend Line and Price target at $38Covering somethings I see in the price action right now with PLTR and why I think it will go to $38.
I use previous trend lines and match them to current price action, as the market is always repeating itself. I also use price action to identify the current down trend and New Uptrend to show the angle at which price action will follow up. Combine that with some Wyckoff Schematics, knowledge dealing with the Curve, and some Node ideology to find your entry and exit and you have a path laid out for you. This video is only 6 mins long so I didnt cover every little thing I see in the market just brushed over a few of them. Thanks for watching. If you want more of these please like, follow, subscribe. If you have questions feel free to comment below and I will make sure to reply to all of them. Thanks again.
by iCantw84it
05.14.2021