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.
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.
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