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PLTR Rejected at All Time Highs
PLTR reports earnings today after market close. There was previously a rejection at all time highs around $45.08 and the CEO has sold over $250 M worth of PLTR shares. I think PLTR is likely to form a peak around $45 or new all time highs. PLTR has been pretty consistent with beating earnings expectations […]Read More
VIX Trying to Flip $22.11 Resistance Into Support
The VIX continues to trade near the white resistance level around $22.11. There have been numerous rejections at this price level throughout the year, but the VIX is trying to flip resistance into support here. I think we have a lot of big events this week with the US presidential election, more jobs data, a […]Read More
QQQ Facing Resistance in the White Zone
QQQ has formed a bearish retest of the white zone and bottom of the yellow channel. Since Oct. 9 both of these levels were acting as support. Now support has been lost and both levels are acting as areas of resistance. I think we are likely to see more neutral and bearish price action until […]Read More