Short
PLTR - Continued momentum but losing steam
PLTR looks to be retesting the top of it's current channel. You can see divergence forming in the hourly swing. Buy volume continues in bursts.
This is a short term pivotal point - I'd look for a retrace here. If price pushes through the channel with volume, it may indicate a fair short term entry.
Either way, this one remains risky on the swing.
This is a short term pivotal point - I'd look for a retrace here. If price pushes through the channel with volume, it may indicate a fair short term entry.
Either way, this one remains risky on the swing.
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.