PLTR: Buy the dip?
Hello traders and investors! Let’s see how PLTR is doing today!
First, in the 1h chart, it is dropping today, but it seems the $ 26.07 is working as a short-term support, possibly forming a small Double-Bottom chart pattern. It is too soon to tell, but this support level makes sense when we analyze the daily chart:
In the daily chart, we lost the $ 27.47, which was our target, but it just dropped to hit the 21 ema, which is another good support level.
So far, we have no true bullish reaction, but if we see one, I think it’ll be an good excuse to buy PLTR. So far, we are recovering nicely but we should wait for more information.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day!
First, in the 1h chart, it is dropping today, but it seems the $ 26.07 is working as a short-term support, possibly forming a small Double-Bottom chart pattern. It is too soon to tell, but this support level makes sense when we analyze the daily chart:
In the daily chart, we lost the $ 27.47, which was our target, but it just dropped to hit the 21 ema, which is another good support level.
So far, we have no true bullish reaction, but if we see one, I think it’ll be an good excuse to buy PLTR. So far, we are recovering nicely but we should wait for more information.
If you liked this analysis, remember to follow me to keep in touch with my daily updates.
Have a good day!
📚 DOWNLOAD OUR EBOOK ON TECHNICAL ANALYSIS FOR FREE!
✅ LEARN TO TRADE IN PRACTICE AND IN REAL TIME! CHECK OUT OUR WEBSITE FOR MORE DETAILS:
👉thefinancehydra.com/joinusnow
✅ LEARN TO TRADE IN PRACTICE AND IN REAL TIME! CHECK OUT OUR WEBSITE FOR MORE DETAILS:
👉thefinancehydra.com/joinusnow
Related publications
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.