If PLTR breaks the trend will reach 45. But at that point it
1) Fills the gap of Nov 24
2) will be 2021 high
When a (strong) trendline is broken, the market will fall equal distance or more from the trendline as from the peak to the breakpoint. I have shown multiple example on Nasdaq from the past.
1) Fills the gap of Nov 24
2) will be 2021 high
When a (strong) trendline is broken, the market will fall equal distance or more from the trendline as from the peak to the breakpoint. I have shown multiple example on Nasdaq from the past.
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