Long
PLTR trades flat on the topping swing
Interesting area. Decisions from these levels tend to be quite binary. We're strong up or strong down.
Given we've traded flat on this level for a long time and are in a retest of the previous lows I think it's viable to place really tight stops here.
The flat trading could be an accumulation pattern. PLTR may have been accumulating for months.
Given we've traded flat on this level for a long time and are in a retest of the previous lows I think it's viable to place really tight stops here.
The flat trading could be an accumulation pattern. PLTR may have been accumulating for months.
Trade closed: target reached
PLTR target hit. I think the case for a short now is much better.
Note
Short now 
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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.