Yes, PLTR did break the pivot point we mentioned yesterday, and it quickly hit its resistance again.

Iā€™m still waiting for a better risk-reward ratio, but Iā€™m happy for those who did catch this trade. Now, the chart looks like a flag pattern, but I think it has to hit the 20ma one more time, at least.

snapshot

The 4h chart looks very overbought, and it is in a resistance. Since we already did a phenomenal trade here, Iā€™m good just waiting. I would like to see it at the 22 again, but letā€™s see, maybe PLTR will do another bottom above it, like Tesla is trying to do.

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See you soon,
Melissa.
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