Long
PLTR for July 15
Current Price Levels:
Current Price: Around $28.49 (ask price)
Bid Price: $28.48
High: $28.77
Low: $26.90
Support and Resistance Levels:
Resistance: $28.77 (recent high)
Support:
$28.07 (first level of support)
$27.81 (another support level)
$26.90 (recent low and a strong support level)
Volume Profile:
VAH (Value Area High): Around $28.49
VAL (Value Area Low): Around $28.07
POC (Point of Control): $28.07
Trend Lines:
Shows an upward trend with higher highs and higher lows, indicating a bullish trend.
Indicators:
MACD: The MACD line is above the signal line, suggesting bullish momentum. However, there's a slight convergence, indicating a potential slowdown or reversal.
Volume: There's a noticeable increase in volume during the upward movement, indicating strong buying interest.
Price Action Analysis:
Bullish Trend: PLTR is in an upward trend, making higher highs and higher lows.
Price Consolidation: The price is currently consolidating around $28.49, indicating potential accumulation before the next move.
Suggested Trading Strategies:
Scalping:
Entry: Consider entering around $28.07 (POC and support level).
Exit: Target $28.49 (current consolidation area) or $28.77 (recent high).
Stop Loss: Place a stop loss below $27.81 to manage risk.
Intraday Trading:
Entry: Enter around $28.07 (POC and support level) or on a pullback to $27.81.
Exit: Target $28.77 (resistance level) or $29.00 if momentum continues.
Stop Loss: Place a stop loss below $27.81.
Swing Trading:
Entry: Consider entering around $28.07 (POC and support level) or on a pullback to $27.81.
Exit: Target $29.00 and beyond, potentially $30.00 if the bullish trend continues.
Stop Loss: Place a stop loss below $26.90 to manage risk.
Summary:
Support Levels: $28.07, $27.81, and $26.90
Resistance Levels: $28.49, $28.77, and potentially $29.00
Scalping Entry/Exit: Enter around $28.07, exit around $28.49 or $28.77
Intraday Entry/Exit: Enter around $28.07 or $27.81, exit around $28.77 or $29.00
Swing Trading Entry/Exit: Enter around $28.07 or $27.81, exit around $29.00 or higher
Use these levels as guides, and always consider current market conditions
Current Price: Around $28.49 (ask price)
Bid Price: $28.48
High: $28.77
Low: $26.90
Support and Resistance Levels:
Resistance: $28.77 (recent high)
Support:
$28.07 (first level of support)
$27.81 (another support level)
$26.90 (recent low and a strong support level)
Volume Profile:
VAH (Value Area High): Around $28.49
VAL (Value Area Low): Around $28.07
POC (Point of Control): $28.07
Trend Lines:
Shows an upward trend with higher highs and higher lows, indicating a bullish trend.
Indicators:
MACD: The MACD line is above the signal line, suggesting bullish momentum. However, there's a slight convergence, indicating a potential slowdown or reversal.
Volume: There's a noticeable increase in volume during the upward movement, indicating strong buying interest.
Price Action Analysis:
Bullish Trend: PLTR is in an upward trend, making higher highs and higher lows.
Price Consolidation: The price is currently consolidating around $28.49, indicating potential accumulation before the next move.
Suggested Trading Strategies:
Scalping:
Entry: Consider entering around $28.07 (POC and support level).
Exit: Target $28.49 (current consolidation area) or $28.77 (recent high).
Stop Loss: Place a stop loss below $27.81 to manage risk.
Intraday Trading:
Entry: Enter around $28.07 (POC and support level) or on a pullback to $27.81.
Exit: Target $28.77 (resistance level) or $29.00 if momentum continues.
Stop Loss: Place a stop loss below $27.81.
Swing Trading:
Entry: Consider entering around $28.07 (POC and support level) or on a pullback to $27.81.
Exit: Target $29.00 and beyond, potentially $30.00 if the bullish trend continues.
Stop Loss: Place a stop loss below $26.90 to manage risk.
Summary:
Support Levels: $28.07, $27.81, and $26.90
Resistance Levels: $28.49, $28.77, and potentially $29.00
Scalping Entry/Exit: Enter around $28.07, exit around $28.49 or $28.77
Intraday Entry/Exit: Enter around $28.07 or $27.81, exit around $28.77 or $29.00
Swing Trading Entry/Exit: Enter around $28.07 or $27.81, exit around $29.00 or higher
Use these levels as guides, and always consider current market conditions
Note
All target hit
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.
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.