Logarithmic chart for the parabolic move
White trendlines - Ascending broadening wedge (Bearish)
Yellow trendline - Primary trend and final target
Looking for a H&S play out here on PLTR for the next 2 quarter.. I don't think this stock ever breaks back over 100.00 this year!
The head is forming now and will be completed at 63.00.. then comes the right shoulder...
The top is in , the rest of these moves are distribution
White trendlines - Ascending broadening wedge (Bearish)
Yellow trendline - Primary trend and final target
Looking for a H&S play out here on PLTR for the next 2 quarter.. I don't think this stock ever breaks back over 100.00 this year!
The head is forming now and will be completed at 63.00.. then comes the right shoulder...
The top is in , the rest of these moves are distribution
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