We have several interesting signs here. First, the 30min is too oversold, we went outside the BBs today, and there’s no way it would keep falling in this situation. The RSI is at 25 rn, but it was at 17 during the morning.
We don’t see any good buy sign around, and we can’t see a bullish candle, but we have some points to bear in mind when we look at the 4h chart.
The 22.82 and the 22.37 are our main support levels for PLTR, and by analyzing the oversold RSI at 26, there’s a good chance it’ll hold here.
We have no confirmation yet, but at the first bullish candlestick we see around we must stay alert, as this might reverse the trend! I’ll keep you guys updated!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
We don’t see any good buy sign around, and we can’t see a bullish candle, but we have some points to bear in mind when we look at the 4h chart.
The 22.82 and the 22.37 are our main support levels for PLTR, and by analyzing the oversold RSI at 26, there’s a good chance it’ll hold here.
We have no confirmation yet, but at the first bullish candlestick we see around we must stay alert, as this might reverse the trend! I’ll keep you guys updated!
If you liked this trading idea, remember to click on the “Follow” button to get more trading ideas like this, and if you agree with me, click on the “Agree” button 😉.
See you soon,
Melissa.
