Panjang
Palantir Technologies Inc ready to reverse ?
Technical analysis
On the left we have the 4 last major Daily move. (Green and red arrow)
We can see on the Daily RSI that we broke the Trend line of the daily momentum = possible changing momentum to the up side
On the right we can see a formation of (L H HL HH)
We broke a smaller chanel = Bullish signal
We broke the daily 21 SMA = Bullish signal
Possible buying opportunity:
buying the stock near the 0,618 (Golden ratio) of the last HH
in confluence with the end of the high liquid level
I keep in mind that we can retrace to lower price like 11-10 $. if this happen I want confidence on the Bull side
If I dont see 'strong' buying activities aka quick rebounce from the 11-10 $ level. It mean that the Daily 21 SMA could return to the bear side and this can cascade to a bearish continuation and who know how far this stock can dip before actually forming it 2022 low..
knowing that, I also keep in mind that it totally possible that we are currently forming the 2022 low...
On the left we have the 4 last major Daily move. (Green and red arrow)
We can see on the Daily RSI that we broke the Trend line of the daily momentum = possible changing momentum to the up side
On the right we can see a formation of (L H HL HH)
We broke a smaller chanel = Bullish signal
We broke the daily 21 SMA = Bullish signal
Possible buying opportunity:
buying the stock near the 0,618 (Golden ratio) of the last HH
in confluence with the end of the high liquid level
I keep in mind that we can retrace to lower price like 11-10 $. if this happen I want confidence on the Bull side
If I dont see 'strong' buying activities aka quick rebounce from the 11-10 $ level. It mean that the Daily 21 SMA could return to the bear side and this can cascade to a bearish continuation and who know how far this stock can dip before actually forming it 2022 low..
knowing that, I also keep in mind that it totally possible that we are currently forming the 2022 low...
Dagangan aktif
Nota
If 10$ hold long are still valid
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.