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PLTR: I told you it was going to hit our TARGET! What's next?Hello traders and investors! Yes, PLTR broke our target, and it is trading above it since our last analysis, last week, which was a crystal-clear buy opportunity . Now, what’s next for us? First, in the 1h chart, we see that the trend is clearly bullish, and there’s not a single reversal or bearish sign around. Even if we see a top coming, our target at $ 27.47 is a support level for us, as it was a previous resistance. This happens thanks to the Principle of Polarity . Now, let’s see the daily chart: Yep, the situation is looking good here too. We have no top sign, and we can set a new target on PLTR: $ 31.34 . This is a previous gap, which will be filled next. Now, let’s see the weekly chart: Yes, PLTR triggered the bullish pivot point when it broke the $ 27.47, and this is a big deal. This pivot point is a long-term reversal pattern, which has a target at $ 45. First, let’s focus on the gap, ok, but technically, PLTR has everything to retest the $ 45 again. If you liked this analysis, remember to follow me to keep in touch with my daily updates. Support this idea if it helped you! I see you on Monday! Have a good weekend.
NYSE:PLTR
by Nathan_The_Finance_Hydra
9
TSLA: Hit our target! What's next?Hello traders and investors! Let’s see how TSLA is doing today! TSLA has been killing its bears recently, and yesterday it finally hit our target , filling the gap at $ 732.61. Have no bearish structure , and there’s nothing telling us that it’ll drop. The support at $ 729.87 is a key point for us, and only if TSLA loses it, we might see a correction. The 21 ema is pointing up, and we have a series of higher highs/lows and everything is telling us that TSLA is just heading to our next target. In the daily chart, it is easy to identify the strong bull trend TSLA, and the $ 753.77 is the next target . The volume is increasing, and it is looking good. I see the $ 753 as a minor resistance, and the $ 780 is better to work with in the mid-term. Just like in the 1h chart, the 21 ema is pointing up, we have higher highs/lows, and we have a strong bull trend in the short, mid, and long-run . If we see a bearish structure in the 1h chart, by losing the $ 729, then we might finally see a correction. But for now, we are doing great. If you liked this analysis, remember to follow me to keep in touch with my daily studies. Have a good day.
NASDAQ:TSLA
by Nathan_The_Finance_Hydra
5