Joy34
07-01

$Palantir Technologies Inc.(PLTR)$ Starting to see a pretty uncommon pattern forming at the lower end of the LRC that could potentially go parabolic. It's currently in what looks like an Impulse Elliott wave 1, which would be just the first of five upward waves. The Squeeze indicator is moving into the yellow buy zone, and the TD Sequential Demark setup is only showing a bullish count of 2—it would need to hit a 13 for any kind of pullback to be on the table. The idea is to follow the charts and the setups, positioning for where things are headed next. The math seems to be lining up.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment