The divergence on the RSI is one of the reasons why Iโm cautious on PLTR right now. I donโt see it crashing or anything, but Iโm just waiting for another pullback to trade it again. Our last trade was amazing, and Iโm sure PLTR will give us another opportunity, but now it is not the time, it seems.
Keep in mind that PLTR is right at a resistance in the 4h chart, and the RSI looks weird too. I prefer to wait for a decent pullback to the 22, or even the 23, if we see a good pattern over there. So far, Iโm just an outsider, waiting for my next chance to buy it.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
Keep in mind that PLTR is right at a resistance in the 4h chart, and the RSI looks weird too. I prefer to wait for a decent pullback to the 22, or even the 23, if we see a good pattern over there. So far, Iโm just an outsider, waiting for my next chance to buy it.
If you liked this trading idea, remember to click on the โFollowโ button to get more trading ideas like this, and if you agree with me, click on the โAgreeโ button ๐.
See you soon,
Melissa.
