The right thing is waiting
$Palantir (PLTR.US)$ PLTR was in a rising wedge. Now, on the weekly, it appears to be forming a falling wedge . It means that we see at least one lower low, before we can break the top of the falling wedge , and eventually reach all time high. RSI is sinking lower and lower with each new low. We wait to see a lower low corresponding with a higher RSI low, forming an RSI divergence. When that happens, then we have a trade setup with 80% to 100% upside, depending on where bullish confirmation occurs. For now, we just wait and see.
$Tesla (TSLA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Lucid Group (LCID.US)$
$Tesla (TSLA.US)$ $SPDR S&P 500 ETF (SPY.US)$ $Lucid Group (LCID.US)$
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