PLTR - Still pullback possible until 17.6(ish) and than reversal
Hello Tradingview community,
I believe PLTR has yet not reached it's bottom during this pullback.
As seen on the chart palantir has been in a downtrend for almost a month (since the q3 earnings).
Around 18 there is a strong support (where PLTR bounced during the pullback in may), we will see next week if the support is strong enough.
If the downward channel gets broken after a bounce from the support level, this could be the beginning of a reversal.
On the RSI chart is also shows that PLTR is oversold.
I sold a call last week with strike price @26.5 for 23dec (will close this one today probably).
Holding PLTR @24 (since march) and will buy a LEAP this month when i get the funds (to trade the PMCC).
Enjoy your weekend!
I believe PLTR has yet not reached it's bottom during this pullback.
As seen on the chart palantir has been in a downtrend for almost a month (since the q3 earnings).
Around 18 there is a strong support (where PLTR bounced during the pullback in may), we will see next week if the support is strong enough.
If the downward channel gets broken after a bounce from the support level, this could be the beginning of a reversal.
On the RSI chart is also shows that PLTR is oversold.
I sold a call last week with strike price @26.5 for 23dec (will close this one today probably).
Holding PLTR @24 (since march) and will buy a LEAP this month when i get the funds (to trade the PMCC).
Enjoy your weekend!
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