Palantir ShortThis could be a good short opportunity but i wouldn't go too far with this trade bc the overall trend is in tact
PTX trade ideas
palantir on the downPalantir Technologies is a public American company that specializes in big data analytics. The company’s stock has been volatile in the past, and some investors believe that it is overvalued. Additionally, the company’s listing on the Nasdaq Global Select Market is currently in question due to the exchange’s disapproval of the company’s plan to consolidate the financial results of Canopy USA at one point. If Canopy chooses to continue with its plan and speed up its entry into the U.S. cannabis market, its listing on Nasdaq could be in jeopardy
Not to the moon but to the core of the earthOverall downtrend, break of baseline PLUS breakout out of triangle formation. I got one word for you: SHORT. Target zone: core of the earth.
PTX very interesting , cold break all time high.*** This is just for educational purpose. It is not an investment advice. I am just sharing my own analysis.
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PTX Possible rematch for an entryFor now it looks like strong resistance at 30.6$. It may go down towards 28.12$. A nice entry point. I wouldn't like it if it breakes below 25$.
As long as major support trendline hold it's just follow the trend for higher goals..
