$PLTR Trade: Buy $90.86 , Target $101.35
Palantir Technologies Inc. BATS:PLTR
Beep Beep. Hope everyone is taking care of their trading accounts during this volatile phase in the markets. I noticed an identical setup on the weekly from back in August 24' and I'm looking to take advantage. We have a trend reversal on the Tom Demark sequential that helps identify trend exhaustion through a 9 Count. Currently on a 2 Count, we're testing the gap while simultaneously testing the 10WMA at 90.86.There is also a weekly gap at 101.35 ... Entry would be the 10WMA. Target the weekly Gap. Trade is as follows:
Trade Idea - Swing PLTR $95 Calls 4/25
Entry - 10 WMA @ $90.86
Target - Gap on Weekly at $101.35
source https://www.tradingview.com/chart/PLTR/MfBdXqZU-PLTR-Trade-Buy-90-86-Target-101-35/
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