Palantir Technologies Inc. (
PLTR) continues its “Strong Uptrend” on a 1-week chart. 📈 We bought at $21.84 and sold at $121.81 previously. Now at $114.65, we’ve entered a new long position at $82. The Trend Score is 8/8, but a short-term projected price of $123.2 ([B]-9.1%[/B]) and bearish MACD suggest a potential pullback.
[B]How to Trade This Setup:[/B]
• Monitor the Trend: The uptrend is strong with high volume, but bearish signals indicate caution—watch for momentum shifts.
• Set Targets: Resistance 1 at $137.66 is a target; Support 1 at $75.65 is key if a pullback happens.
• Adjust Risk: With bearish MACD, consider tightening stops or taking partial profits from $82.
What’s your next move on
PLTR? Let’s discuss in the comments! 💡 #Trading #PLTR #Analysis
[B]How to Trade This Setup:[/B]
• Monitor the Trend: The uptrend is strong with high volume, but bearish signals indicate caution—watch for momentum shifts.
• Set Targets: Resistance 1 at $137.66 is a target; Support 1 at $75.65 is key if a pullback happens.
• Adjust Risk: With bearish MACD, consider tightening stops or taking partial profits from $82.
What’s your next move on
Stock Market Insights 77 – Trade with Clarity. Act with Confidence.
Learn more about our trading approach: stockmarketinsights77.com/about/
Learn more about our trading approach: stockmarketinsights77.com/about/
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.
Stock Market Insights 77 – Trade with Clarity. Act with Confidence.
Learn more about our trading approach: stockmarketinsights77.com/about/
Learn more about our trading approach: stockmarketinsights77.com/about/
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.