To The Moon

JI closed $Palantir Technologies Inc.(PLTR)$ ,

Palantir (PLTR) Day Trade Strategy: I Buy at $77.49, I Sell at $79.63

I just made a quick flip on PLTR, buying at $77.49 and selling at $79.63, locking in a $2.14 per share profit. This was a momentum trade, and I used my strategy to catch a fast move. Here’s how I did it and how I can refine it for even better gains next time.

1️⃣ I Buy Low: Finding the Best Entry

I entered at $77.49, which means I was watching for the right moment. Here’s why I knew it was time to buy:

• Bollinger Bands: Price hit the lower band and bounced.

• RSI Oversold Signal: I saw RSI drop near 30, meaning PLTR was due for a bounce.

• VWAP Support: When it reclaimed VWAP, I knew buyers were stepping in.

• Volume Surge: More buyers coming in meant momentum was shifting up.

2️⃣ I Sell High: Knowing When to Take Profit

I sold at $79.63, because I knew this was a strong resistance level. Here’s why:

• Previous Resistance: I checked the charts, and this level had sellers before.

• Fibonacci Retracement: I saw it was near the 50% or 61.8% retracement.

• VWAP Rejection: If it couldn’t hold above VWAP, I knew sellers were back.

• Momentum Slowing Down: When volume started fading, I knew it was time to take profits.

3️⃣ I Make My Strategy Even Better

Next time, I will:

✅ Watch Pre-Market Highs/Lows: They tell me key breakout levels.

✅ Follow Volume: More buyers = bigger moves.

✅ Use a Trailing Stop: Lock in profits while letting my winner run.

✅ Ride the Trend: If it’s strong, I hold longer for bigger gains.

I no I did well on this trade, but I no I can do even better next time!

Sold some as a day trade bought at 77.@TigerTradingNotes 

@TigerStars 

@MillionaireTiger 

@Daily_Discussion $Palantir Technologies Inc.(PLTR)$