seeing patterns emerge in the same way could be a strategy
Its always interesting back testing charts and seeing patters emerge in the same trajectory. The highlighted area shows the run up that Palantir had back in January. The RSI below shows lower highs, simultaneously as PLTR made new highs after the initial pull back at the $30.65 area, highlighted by the trendline. Soon after , the major dip in price that we saw was imminent.
I know that there is a lot going on in the market currently, so this may not be the most relevant analysis at the moment.
Seeming though that this did happen in January , it wouldn't be a bad idea to look out for this pattern to have some sort of insight on how things could go in a volatile market.
I know that there is a lot going on in the market currently, so this may not be the most relevant analysis at the moment.
Seeming though that this did happen in January , it wouldn't be a bad idea to look out for this pattern to have some sort of insight on how things could go in a volatile market.
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.