Corto
Palantir: Reverse Gear and next targets 🚴📉
Analyzing Palantir Technologies from its count starting in December, 2022, we've seen the development of a 5-wave cycle, concluding with the overarching Wave (1).
Currently in a Wave (2) correction, the complexity lies in an overshooting flat. A closer look reveals the start with a downward A using an overshooting flat, followed by a WXY towards an ABC correction for the overshooting Wave B.
Now, a five-part correction downwards is expected for Wave 5/C/(2).
Anticipated to fall between 50% and 78.6%, it must be below the Wave A, given the overshooting nature of Wave B.
Consequently, our crucial buying zone is situated between $12.50 and $8.75. 🚀
Currently in a Wave (2) correction, the complexity lies in an overshooting flat. A closer look reveals the start with a downward A using an overshooting flat, followed by a WXY towards an ABC correction for the overshooting Wave B.
Now, a five-part correction downwards is expected for Wave 5/C/(2).
Anticipated to fall between 50% and 78.6%, it must be below the Wave A, given the overshooting nature of Wave B.
Consequently, our crucial buying zone is situated between $12.50 and $8.75. 🚀
Operación activa
The market gave us another good movement towards our price targets and we are confident, that we will see this levels soon. We are 7 % in profit since entry and will move our SL to break even soon. We will keep you updated.
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.