Palantir NYSE:PLTR has performed a pullback from the recent rally. This came to my attention from a spike alert and it is happening at a 50% Retracement. This is a followup to my initial entry on March 15, 2022 when no one was talking about Palantir stock anymore (see below). This time in addition to the options position is purchased shares to hold for the long run.
@Snorlax77, The speculation over Ethereum 2.0 going live pushed up the market but it did not follow through. Many weak hands jumped in last weekend with FOMO and they are liquidating as the gains are not coming. That is my assessment from anecdotal surveys of traders.
Dinore
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@norok, Where I can find that vertical indicator you are using in your analysis?
norok
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@Dinore, I call that Spike Alert and it is an indicator I coded and use for myself. I am working on releasing a subscription version soon.