Hello Tradingview community! We have a strong divergence on PLTR, and an Advanced Breakout on the RSI. I did an educational post about advanced breakouts and how to trade them, I recommend the reading! ;)
Now PLTR is in an extremely oversold area, and it will likely do a rally next.
In the 4-hour chart we have a good looking hammer, and a rally to one of the fibo retracements is very likely, given the RSI divergence + advanced breakout in the 30 minutes chart, and this hammer in the 4-hour chart. The $ 22.41 is a good exit point.
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