Hubert Senters here.
Let’s take a look at PLTR. Vertical move. It’s an IPO opt-in then sell off. Most IPOs will usually take a deathly dive to 50 percent of what their IPO then IPO would be a huge price. Only $10 so that helps a lot.
In this case scenario it looks like it’s going to go vertical. We have a daily chart but we can’t really look anything else so.
What we’re going to do is we’re going to a smaller timeframe like a 60. And let us see the overall trend. Obviously, it’s up, a buy here at $23.85.
It shouldn’t be a problem with a couple of tight stops either $22.40 or $21.14 wih a potential target north of $30 to $35.
Trade Thirsty is going to be doing a live annual Tradegiving event. Go over and check it out. There’s a lot of good speakers.
A lot of good information they’re going to share with you and they’ll probably have some good sells to its tradegiving obviously.
Friday, November 27th at 9AM EST. CLICK HERE TO REGISTER for the online workshop which is another name for the webinar. I’m going to HYPERLINK you to the registration page.
Good luck. Hope it helps. See you on the next video.
Hubert.
